Prime development opportunity, located in an X Flood Zone, in one of Pinellas County's sought after coastal corridors. This 0.41 acre parcel offers the opportunity to create something truly special, a location where lifestyle and convenience come together. Just steps from the Pinellas Trail, offering miles of scenic walking and biking, or taking a short stroll to Edgewater Drive to enjoy unforgettable Gulf sunsets. Just minutes away to the vibrancy of Downtown Dunedin's local shops, breweries, dining, year round community events and quick access to the world-renowned sugar-sand beaches of Clearwater Beach and quaint, eclectic beach villages to the south. Grocery, shopping, golf courses, marinas, healthcare, and major roadways are all a short drive away, making this an ideal location for future residents. From a development perspective, the property's Medium Density Residential (MDR) zoning and Residential Medium (RM) Future Land Use allow for up to 15 units per acre, creating the potential for up to 6 residential units with the option to accommodate a private, custom home, townhouses, or boutique residential community. Clearwater's Level One Flex Standard Development process provides opportunities for design flexibility, including attached residences, accessory dwelling units (ADUs), and increased building heights up to 40 feet. Whether you're a builder, developer, or investor, this property offers the flexibility and location to bring your next project to life. Opportunities like this are few and far between. Survey available. Buyers are encouraged and responsible to verify all zoning, development standards, allowances, and restrictions with the City of Clearwater.