831 GRAND CENTRAL STREET
CLEARWATER, FL 33756
About this home
Rare Clearwater investment opportunity with multiple exit strategies. Whether you are an investor, builder, or end user looking for land value, rental potential, and future upside, this oversized property offers the flexibility to live, lease, expand, or redevelop in one of Clearwater’s active growth corridors. Situated on an 83’ x 127’ quarter-acre lot with rear alley access, this property is currently configured as a duplex with two 1- bedroom, 1-bath units. The property has no rental history due to owner use, but projected rental potential is estimated at approximately $2,500 per unit per month, depending on final use, condition, rental strategy, and market demand. The real value is in the land, zoning, and flexibility. The property offers potential for duplex, triplex, or fourplex use, giving a future owner several possible paths to increase value: maintain the existing duplex, live in one unit and rent the other, lease both units for income, explore conversion or expansion into a triplex or fourplex, or redevelop the oversized lot with new construction. Buyer should verify zoning, permitted uses, density, rental projections, and redevelopment options with the City of Clearwater. The existing block construction and recent updates — including HVAC, cabinetry, and appliances — allow for continued use while preserving long-term upside. This makes the property especially appealing for buyers who want income potential now with the ability to plan future improvements or redevelopment. Location continues to drive demand. The property is conveniently positioned within a short drive to Clearwater Beach and the Gulf, with easy access to Tampa International Airport, Downtown St. Petersburg, shopping, dining, and major employment corridors. This central location supports strong long-term rental appeal and future resale value. Large lots with this level of flexibility — live-in potential, income-producing use, and redevelopment upside — are becoming increasingly rare in Clearwater. For the buyer looking to control land, create income, and unlock future value, this is a Clearwater opportunity worth serious attention.
Facts & features
Interior
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,276 sqft
- Heating
- Central
- Cooling
- Central Air
- Flooring
- Ceramic Tile
- Features
- Thermostat
- Appliances
- Range, Refrigerator
Exterior & lot
- Lot size
- 10,563 sqft (0.24 ac)
- Roof
- Shingle
- Construction
- Block
- Exterior
- Rain Gutters, Sidewalk
Financial
- Annual tax
- $3,975 (2025)
- Price / sqft
- $297/sqft
Utilities
- Water
- Public
- Sewer
- Public Sewer
- Utilities
- Cable Available, Electricity Available, Sewer Connected, Water Connected
Property
- Property type
- Single Family
- Year built
- 1946
- Subdivision
- MILTON PARK
- County
- Pinellas
Listing
- Status
- Active
- Days on market
- 1 day
- MLS #
- MFR802052564
- Source
- Stellar MLS
Listed by Bill Kulaga · AGILE GROUP REALTY
Listing data provided by Stellar MLS. Information deemed reliable but not guaranteed.
Sample estimate — not an appraisal
Based on 17 comparable sales within 3 miles of CLEARWATER, FL, this home is priced in line with RENA ValiQ.
Reference only. Estimates blend public sale comps, neighbourhood trend and the listing’s own metrics. Final price moves on diligence, terms and timing — RENA is your second read, not your agent.
Estimate your monthly cost
PITI + HOA- Principal & interest
- $2,015/mo
- Property tax
- $347/mo
- Home insurance
- $200/mo
Tax, insurance and HOA are editable estimates with Florida-typical defaults — Florida homeowners insurance in particular varies widely by location and elevation. Confirm exact figures with a lender and insurer.
Ask about this property
Answered from this listing’s own figures and the sales around it.
Price history
From the property’s MLS record.
| Date | Event | Price | Change |
|---|---|---|---|
| Aug 6, 2026 | Listed | $378,500 | — |
NeighbourhoodSample data
Reference scores for CLEARWATER, FL. Schools, mobility and amenities feed live data once the dedicated provider connection lands.
Location
Frequently asked questions
What would 831 GRAND CENTRAL STREET, CLEARWATER cost per month?
About $2,434 a month: $1,914 principal and interest, $331 property tax, $189 insurance. That assumes 20% down at 6.5% over 30 years.
Is 831 GRAND CENTRAL STREET, CLEARWATER priced fairly?
Comparable sales nearby put it between $252,170 and $290,131, with $271,150 in the middle. That is from 8 properties of the same type and size within three miles, at a median of $213 a square foot.
How does 831 GRAND CENTRAL STREET, CLEARWATER compare to nearby homes?
8 comparable properties within three miles. The nearest: 908 GRAND CENTRAL STREET, CLEARWATER, FL at $290,000, 1,692 sq ft, 0.07 miles away; 1100 MYRTLE AVENUE, CLEARWATER, FL at $899,000, 1,080 sq ft, 0.17 miles away; 911 MAGNOLIA DRIVE, CLEARWATER, FL at $299,900, 1,531 sq ft, 0.2 miles away.
How long has 831 GRAND CENTRAL STREET, CLEARWATER been on the market?
1 day on the market.
Has the price of 831 GRAND CENTRAL STREET, CLEARWATER changed?
It has gone up from $42,050 to $378,500, a change of 800.1%.
How big is 831 GRAND CENTRAL STREET, CLEARWATER?
2 bed, 2 bath, 1,276 square feet. That is $297 a square foot.
What year was 831 GRAND CENTRAL STREET, CLEARWATER built?
Built in 1946.
What is the HOA fee at 831 GRAND CENTRAL STREET, CLEARWATER?
The feed lists no association fee for this property.
What are the property taxes at 831 GRAND CENTRAL STREET, CLEARWATER?
Property tax works out to about $331 a month, $3,975 a year.
Is 831 GRAND CENTRAL STREET, CLEARWATER still available?
It is still on the market.
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