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Fully Stabilized 10-Unit Apartment

300 S NIMBUS Ave Clearwater, FL 33765

300 S NIMBUS Ave, Clearwater, FL, 33765
$2,000,000
For Sale
$2,000,000

Ten renovated units plus one original-condition unit in a two-story concrete-block walk-up with central HVAC and carport parking.

Days on Market9

Property Features for 300 S NIMBUS Ave

General Information

Standard status
Active
Property subtype
Commercial

Building Details

Year Built
1964
Listing agency
Listed by Alex Rider
Source Elliman
Added: Jul 13 Updated: Jul 21 at 2:03PM Checked: Jul 21 at 2:03PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Alex Rider


Investment Insights

Based on property information with market context.

This fully stabilized 10-unit apartment community is a two-story, concrete-block walk-up built in 1964. The property includes nine renovated units featuring updated kitchens with stainless appliances, quartz countertops, tile backsplash, vinyl-plank flooring, and in-unit washer/dryer. The remaining unit is a larger 2BR/2BA in original condition, offering renovate-to-premium upside. The current unit mix consists of three 1BR/1BA units, six 2BR/1BA units, and one 2BR/2BA unit. Central HVAC serves the community, and on-site parking is available via carport spaces.

Located in central Clearwater’s Sky Crest submarket, the property is minutes from Gulf-to-Bay Blvd and US-19, as well as downtown Clearwater and the Gulf beaches. Five units are currently month-to-month. The offering memorandum and financials are available on request, and showings are by appointment through the listing office; please do not disturb tenants.

Key Highlights

  • Fully‑stabilized 10‑unit apartment community built in 1964
  • Two‑story concrete‑block walk‑up with central HVAC and on‑site carport parking
  • Unit mix includes three 1BR/1BA, six 2BR/1BA, and one 2BR/2BA

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

(Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Catering Service Tanning Salon Carpet & Flooring Store Butcher Clothing & Fashion Store (Bike/Boat/Book/etc) Store Mobile Phone Store Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Ten renovated units plus one original-condition unit in a two-story concrete-block walk-up with central HVAC and carport parking.
Where is this apartment building located?
The property is located at 300 S NIMBUS Ave Clearwater, FL.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Fully‑stabilized 10‑unit apartment community built in 1964; Two‑story concrete‑block walk‑up with central HVAC and on‑site carport parking; Unit mix includes three 1BR/1BA, six 2BR/1BA, and one 2BR/2BA
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