$1,900,000
300 S NIMBUS AVE, Clearwater, FL 33765
Commercial
For Sale
7,359
Sq Ft
1964
Year Built
Description
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.
Listing courtesy of William Gryboski, RIDER REAL ESTATE
Listing data courtesy of Stellar MLS as distributed by MLS Grid. The data relating to real estate for sale or lease on this website comes in part from the Internet Data Exchange (IDX) program of Stellar MLS. Listings held by brokerage firms other than HauzMart Realty are marked with the listing brokerage's name. 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 or leasing. Information is deemed reliable but not guaranteed and should be independently verified. © Stellar MLS. All rights reserved.
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Data courtesy of Stellar MLS as distributed by MLS Grid as of Aug 5, 2026, 2:58 PM ET
