$1,900,000
300 S NIMBUS AVENUE, CLEARWATER, FL 33765
Beds
—
Baths
0
Sq Ft
7,359 sq ft
Year Built
1964
Lot Size
0.25 acres
Garage
—
About This Property
Fully-stabilized 10-unit apartment community in central Clearwater's Sky Crest submarket, offered at $1,900,000 ($190,000/unit). This 1964 concrete-block, two-story walk-up offers nine renovated units, updated kitchens with stainless appliances, quartz counters, tile backsplash, vinyl-plank flooring and in-unit washer/dryer, plus one larger 2BR/2BA in original condition for renovate-to-premium upside. Unit mix: three 1BR/1BA, six 2BR/1BA, one 2BR/2BA. In-place rents sit below market across every type, giving a new owner low-risk mark-to-market upside as leases turn; five units are currently month-to-month. Central HVAC and on-site carport parking. Minutes to Gulf-to-Bay Blvd, US-19, downtown Clearwater and the Gulf beaches. Offering memorandum and financials available on request. Showings by appointment through listing office, please do not disturb tenants.
Property Overview
Interior Features
Exterior & Lot
Utilities
Parking
HOA & Community
Financial Details
Directions
From US-19, head west on Gulf-to-Bay Blvd (SR-60), turn north (right) onto S Nimbus Ave; the property is a short distance ahead on the left at 300 S Nimbus Ave.
Location
300 S NIMBUS AVENUE, CLEARWATER, FL 33765
Listing Information
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Home Price
$1,900,000
Loan Term
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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: August 5, 2026.