1276 S Belcher Rd, Clearwater, FL 33764

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 includ...