Property Description
Pinellas County developers and investors! This is a rare opportunity to acquire a 4.75-acre approved residential development site at 1276 S Belcher Rd in a prime Clearwater location. The City of Clearwater has approved plating for a 12-lot single-family subdivision with lot sizes ranging from approximately 5,500 to 9,760 square feet, with the ability to phase construction by building the first 9 homes while retaining the existing income-producing residence. Removal of the existing home will allow for completion of the final 3 lots. The property currently generates $3,350/month in rental income with a lease in place through October 2026, helping offset holding costs including taxes, insurance, and landscaping during development of the first 9 homes. Located in a non-flood, non-evacuation zone with no existing HOA, the new owner has full control over community design and guidelines. The site features a 3/4-acre pond believed to be spring-fed and connected to Allen's Creek. The existing home is well-maintained with spacious living areas, large bedrooms, a split floor plan, sunroom, and a separate mother-in-law suite, enhancing its rental appeal. The location offers exceptional connectivity with immediate access to SR 60 and just minutes to US-19, providing easy access to Tampa, St. Petersburg, and major employment hubs. St. Pete-Clearwater International Airport is approximately 6 miles away, with Tampa International Airport about 20 minutes away, and shopping, dining, beautiful beaches, and daily conveniences nearby. A unique, income-producing development opportunity with an approved path to 12 single-family homes in a prime Clearwater corridor.
Property Features
Feature Descriptions
Local Schools
Listed By / Shown By
Listed By
Agency Name: EXP REALTY LLC
Agency Contact: 888-883-8509
Shown By
Agency Title: Watson Realty Corp., REALTORS ®
Agency Phone: (866) 243-8193
Estimate Your Payment
Estimated Payment
$ 18,222.68 per month $16,175.88 Principal & Interest $1,113.75 Property Tax $933.04 Homeowner's InsuranceChange Payment Information
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1276 S Belcher Road | MLS# TB8495818
This land located at 1276 S Belcher Road , Clearwater, FL 33764 is currently listed for sale with an asking price of $3,199,000. The property has approximately 4.75 Acres. Search Clearwater real estate on www.watsonrealtycorp.com today.