300 S NIMBUS AVE, Clearwater, FL 33765
ActiveAbout This Property
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.
Facts & Features
Price History
Listed by RIDER REAL ESTATE · MLS# A4699732
Similar Homes in 33765
Recently Sold in 33765
Properties displayed may be listed or sold by various participants in the MLS
More in Clearwater
Listing information © 2026 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved. Data deemed reliable but not guaranteed. Last updated: 2026-07-12.
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.
Monthly Payment
Estimate your all-in monthly cost.
Estimate only. Taxes, insurance, and HOA may vary.
Get notified of similar listings
Be the first to know when a similar home hits the market.
Sign up free to get alertsAlready a member? Log in