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300 S NIMBUS AVENUE Clearwater, FL $ 1,900,000
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$ 1,900,000 Get more info
300 S NIMBUS AVENUE
$ 1,900,000
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Share Save

300 S NIMBUS AVENUE

Clearwater, FL, 33765
$ 1,900,000
Bedrooms-- Baths-- Sq 7,359

Monthly Estimate*

$ 11,997

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Commercial Property for sale in Clearwater, FL

for $1,900,000. This 7,359 square foot building was built in 1964 on a lot size of 0.25.

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.

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Commercial Active

Price

$ 1,900,000

Property Type

Commercial

Taxes

$ 21,771

Style

Multi Family (5+)

Lot Size

0.25

Year Built

1964

Town/City

Clearwater

County/Region

Pinellas

MLS | Web ID

A4699732
Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Appliances Dishwasher Dryer Microwave Refrigerator Washer
Construction Materials Block
Year Built 1964
Levels Two
Property Subtype Multi Family (5+)
Tax Year 2025
Ownership Fee Simple
Gross Income 193052
County Pinellas
New Construction false
Property Type Commercial Sale
Subdivision Name SKY CREST UNIT 9
Status Active
Directions From US-19 head west on Gulf-to-Bay Blvd (SR-60) turn north (right) onto S Nimbus Ave; the property is a short distance ahead on the left at 300 S Nimbus Ave.
City CLEARWATER
Number Of Units Total 10
MLS Area 33765 - Clearwater/Sunset Point
Lot Size Units Square Feet
Lot Size Square Feet 10738
Tax Annual Amount 21771.25
Property Condition Completed
Additional Parcels Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4699732
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Tax Lot 10
Legal Description SKY CREST UNIT NO. 9 BLK B LOT 10
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
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Interior
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Water Source Public
Lot Size Area 10738
Foundation Details Slab
Number of Buildings 1
Building Area Total 7359
Lot Dimensions 98.1 x 109.9
Lot Size Acres 0.25
Road Surface Type Asphalt
Waterfront Y/N false
Road Frontage Type City Street
Road Responsibility Public Maintained Road
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* Excluded Features
List By
Rider Real Estate

Broker

William@RiderREco.com

Email

Affordability Calculator

$13,811
Per Month
87%
13%
0%
Monthly Principal & Interest
$11,997
Monthly Property Taxes
$1,814
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/5/2026$1,900,000 -5.00% Price Down
7/12/2026$2,000,000 Listed Price

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300 S NIMBUS AVENUE, Clearwater, FL, 33765 is a Commercial Property for sale at $1,900,000 with 7,359 sqft and a lot size of 0.25. 300 S NIMBUS AVENUE was built in 1964. The property's zip code is 33765 which is in Clearwater, FL

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