CLEARWATER rent to own home - a single family home ( beds, 1 baths)

Under contract-accepting backup offers. Exceptional infill development opportunity in the heart of Clearwater. Located at 1510 S Michigan Aenue, this property consists of two platted lots (Lots 5 & 6) totaling approximately 10,380 SF (0.24 acres) and is zoned LMDR (Low-Medium Density Residential).nnThe existing structure is considered a teardown, offering a clean slate for redevelopment. Seller has confirmed with the City that the parcel can be subdivided, allowing for the construction of two separate residential homes, making this an ideal opportunity for builders, developers, or investors seeking a dual-build project in an established neighborhood.nnThe property is situated in Flood Zone X, features public water and public sewer, and benefits from 100 of frontage with a depth of approximately 104, providing favorable lot dimensions for new construction.nnConveniently located near downtown Clearwater, major roadways, schools, and employment centers, this site offers strong resale or rental potential in a supply-constrained submarket with continued demand for new housing.nnSold as-is for land value. Buyer to verify all development plans, zoning requirements, and building paramete...

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rs with the City of Clearwater.This rent to own home is a single family home located in CLEARWATER. It offers 10380.00 sq. ft. in size, beds and 1 baths. Review its detailed information and determine if this CLEARWATER rent to own has the qualities you are looking for.  

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Rent-to-own homes can be purchased using a Lease Option. This means the buyer rents the home for a set period of time, sets aside a portion of monthly rent payments during this time, and then has an option to purchase the home later, using the accumulated savings toward the down payment. Rent-To-Own properties offer home ownership opportunities to those who have poor credit or can't afford the down payment. It gives buyers time to rebuild their credit and accumulate purchase credits while living in the house.

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