Bedrock
Development agreement

706 N. Missouri Avenue, Clearwater, Florida 33755

Agenda ReadyClearwater County, ID
4/ 5
High impact
Bedrock impact score
Action type
Development agreement
Asset class
Multi-asset · site-wide
Status
Agenda Ready
Filed
2026-07-23
Jurisdiction
Clearwater County, ID
Days on record
37 days
Aerial view of 706 N. Missouri Avenue, Clearwater, Florida 33755
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01Investment highlights

Why this deal matters

  • Development agreement in Clearwater County, ID
  • Bedrock impact score 4 of 5 — High impact
  • A CRA is actively disposing of a redevelopment site to a named private buyer
  • Competing developers should note this land is leaving public hands, and the deal structure (DPA + sale) signals potential density/incentive entitlements worth tracking for comparable site plays nearby.
  • On the municipal record 37 days (filed 2026-07-23)
02Deal summary

The rationale

A CRA is actively disposing of a redevelopment site to a named private buyer — competing developers should note this land is leaving public hands, and the deal structure (DPA + sale) signals potential density/incentive entitlements worth tracking for comparable site plays nearby.

The Clearwater CRA is approving a Development, Purchase, and Sale Agreement with St. Benedict Holdings, LLC for the redevelopment of a CRA-owned property at 706 N. Missouri Avenue, Clearwater, FL, accompanied by Resolution 26-06 authorizing the sale and execution of all closing documents.

03Deal facts

The filing record

Jurisdiction
Clearwater County, ID
Action type
Development agreement
Asset class
Multi-asset · site-wide
File number
#ID#26-0923
Applicant
St. Benedict Holdings, LLC
Status
Agenda Ready
Filed
2026-07-23
Days on record
37 days
04Location

Where this sits

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706 N. Missouri Avenue, Clearwater, Florida 33755
27.97278, -82.78837
Street view

At street level

Street view of 706 N. Missouri Avenue, Clearwater, Florida 33755
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Area demographics

Pinellas County

970,985
Population
$56,419
Median HH income
413,239
Households
$998
Median rent
U.S. Census · ACS 5-year
Nearby amenities

Within ~1 mile

20 Transit
19 Schools
20 Dining
1 Grocery
2 Banks
12 Parks
Points of interest · Google Places
05Record timeline

Filing to current status

  1. Filed with jurisdiction
    2026-07-23
    37 days on record
  2. Scored by Bedrock
    Relevance 4 / 5
    Automated land-use signal
  3. Current status
    Agenda Ready
    Live municipal record
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