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Financial
Distress signals
Property profile

300 S Nimbus Ave Clearwater, FL 33765

FOR SALE
Other apartment buildings
Property ID
US18-1448877
7,498 SF 0.25 ac lot Built 1964
Last sale Mar 2022 · $1,650,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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300 S Nimbus Ave, Clearwater, FL 33765 For Sale
$1,900,000 7,498 SF
300 S Nimbus Ave, Clearwater, FL 33765
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Property summary

AI-generated overview

This updated second-floor apartment (#6) is located within a 10-unit community and features a 2-bedroom, 1-bath layout with approximately 750 square feet of interior living space. The unit includes 2023-era upgrades such as a modern kitchen with stainless steel appliances, updated flooring, fresh interior paint, and a renovated bathroom. Convenience features include an in-unit washer and dryer, and two tandem parking spots positioned directly outside the door. The community is situated about 15…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$26k
Tax billed · 2023
Assessed value$1.35M
Effective rate1.93%

Value estimate

· Oct 2026
$1.78M
$1.60M – $1.95M
CAP approach$1.43M
Submarket $/SF estimate$1.37M
NOI build-up
Gross scheduled income$177k
Vacancy & credit loss−$11k
Operating expenses−$74k
NOI · 4.78% cap applied$91k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$143/SF
ZIP average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$105 – $204

Cap rate analysis

How does the asset earn?
4.78%
$91k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionPINELLAS

Location intelligence

Which uses thrive at this corner?
Best fit: Shoe Repair
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Shoe Repair8.7
Dry Cleaner8.6
Catering Service8.1

Location

300 S Nimbus Ave Clearwater, FL 33765
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1875 Sunset Pt, Clearwater, FL 33765-1022 $5,800,000 Apr 2024 4,732 SF
109 Mercury, Clearwater, FL 33765-3131 $65,000 May 2023 948 SF
2550 Stag Run, Clearwater, FL 33765-1861 $38,400,000 Aug 2021 29,832 SF
309 Arcturas, Clearwater, FL 33765-3509 $2,750,000 Jul 2021 7,064 SF
101 Old Coachman, Clearwater, FL 33765-4414 $29,850,000 Oct 2020 3,874 SF
404 Mercury, Clearwater, FL 33765-3746 $750,000 Aug 2019 6,560 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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