About 300 S Nimbus Avenue
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.
Features of 300 S Nimbus Avenue
| MLS® # | A4699732 |
|---|---|
| Price | $1,900,000 |
| Square Footage | 7,359 |
| Acres | 0.25 |
| Year Built | 1964 |
| Type | Commercial Sale |
| Sub-Type | Multi Family (5+) |
| Status | Active |
Community Information
| Address | 300 S Nimbus Avenue |
|---|---|
| Area | Clearwater/Sunset Point |
| Subdivision | SKY CREST UNIT 9 |
| City | CLEARWATER |
| County | Pinellas |
| State | FL |
| Zip Code | 33765-3732 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Appliances | Dishwasher, Dryer, Microwave, Refrigerator, Washer |
|---|---|
| Heating | Central |
| Cooling | Central Air |
| Fireplace | No |
| # of Stories | 2 |
Exterior
| Foundation | Slab |
|---|
Additional Information
| Date Listed | July 11th, 2026 |
|---|---|
| Days on Market | 55 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | RIDER REAL ESTATE |
|---|