700 Martin Luther King Jr AveClearwater, FL 33755

  • Retail properties
  • 3,600 SF
For Sale
$800,000 View listing

Property Details for 700 Martin Luther King Jr Ave

Year built
1960
Construction
CONCRETE BLOCKS
Lot size
0.35 AC
Property size (Sq ft)
3,600 SF
Property type
Retail properties
Property subtype
Strip malls
APN
10-29-15-69138-007-0150
APU
102915691380070150

Description

This exceptional 0.25-acre commercial land parcel in vibrant Clearwater, Florida, presents a compelling investment opportunity. Located at 700 N Martin Luther King Jr Ave, Clearwater, FL 33755 (use this address as a reference point), the property boasts 152 feet of frontage on MLK Jr Avenue and 50 feet on Seminole Street. Zoned for commercial use, this fee-simple land is being offered at $800,000 and is sold "as-is," including all entitlements for the proposed mixed-use development. Approved plans detail three ground-floor commercial spaces suitable for office, medical, or retail uses, complemented by three one-bedroom, one-bathroom residential units on the second floor. This configuration offers significant potential for owner-occupancy with supplemental income from leasing or for an investor seeking to fully lease all units. The property's prime location and mixed-use zoning create a versatile platform for a variety of development scenarios. Potential buyers are responsible for conducting their own due diligence to verify all zoning regulations, restrictions, and potential tax benefits associated with the project. The parcel's Pinellas County APN is 10-29-15-69138-007-0010. Please refrain from disturbing or soliciting neighboring businesses.

700 Martin Luther King Jr Ave, Clearwater, Florida

Location Insight

City
Clearwater
County
Pinellas
State
Florida
Latitude
27.9729
Longitude
-82.792
CBSA code
45300
CBSA name
TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,080
-
-
$225,000
-
$75,155
$149,845
$225,000

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