New Listing - 07/11/2026
300 S NIMBUS AVENUE, Clearwater, FL, 33765
1964
7,359 sqft
Fully-stabilized 10-unit apartment community in central Clearwater's Sky Crest submarket, offered at $2,000,000 ($200,000/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.
Status:
Active
Type:
Commercial
Units:
10
Complex:
SKY CREST UNIT 9
Heating:
Central
Cooling:
Central Air
Levels:
2
Lot Size:
98.1 x 109.9
Acreage:
0.25
Est. Taxes:
$21,771
Construction
Block
Days on Market:
1
Appliances:
Dishwasher, Dryer, Microwave, Refrigerator, Washer
MLS #:
A4699732
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of G&R REAL ESTATE BROKERAGE, LLC 404-368-8072