Build Smart in Clearwater: R-4 Multifamily Opportunity
Co-Living / Short Term Rental
This property is being offered for public online auction on GovDeals. Property auction is currently open for bidding and closes 1/6/2026; view at the links provided.
Area: 0.22 Acres
Zoning: R-4 Residential (Multifamily Add-On) / Allowed Uses: 13 family, small MF (density/setbacks per code)
Build Smart in Clearwater: R-4 Multifamily Opportunity or Disrupt With a Co-Living Concept
Parcel #032915366660020080 Sylvan Dr. Clearwater, Fl
This 0.22-acre parcel is zoned R-4 (One, Two, and Three-Family Residential District), offering a rare blend of flexibility, density, and location in a high-demand Gulf Coast market.
Allowed Uses:
One-family, duplex, and small multifamily (up to three units, subject to code)
Zoning Type/Subtype: Residential Multifamily (Add-On)
What This Means for Investors:
...
With nearly a quarter acre and R-4 zoning, this parcel is well suited for:
A duplex (live-in + rent or full rental)
Co-Living Concept
A hybrid strategy (short-term, mid-term, or long-term rentals, per city regulations)
The lot size supports efficient building layouts, parking, and setbackskey for build-to-rent or small multifamily strategies in Clearwater.
Investor Takeaway:
A 0.22-acre R-4 parcel in Clearwater delivers:
Multiple income configurations
Strong rental demand near beaches and downtown
High resale liquidity in a supply-constrained market
Please see auction page for additional information and to place your bids on this property!
This residential real estate auction is being held online on GovDeals.
Auction #24117-75, ending 1/6/2025.
To see full details, additional photos and current bid, please use the links provided or by going to GovDeals and searching '24117'75.'
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Montgomery, AL