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 |
Listing Details
| Office | RIDER REAL ESTATE |
|---|
Listing Map
Neighborhood Information for 300 S Nimbus Avenue
Stable Population, Low Residential Turnover, Suburb of Tampa
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
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Clearwater High School Public - 9Th Grade to 12Th Grade - Closest High School |
0 Miles | |
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Clearwater Adult Education Center Public - to |
0 Miles | |
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Ewes-Eckerd Youth Challenge Public - 6Th Grade to 12Th Grade |
0 Miles | |
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Hospital/Homebound Public - Preschool to 12Th Grade |
0 Miles | |
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Skycrest Elementary School Public - Preschool to 5Th Grade - Closest Elementry School |
0 Miles | |
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Skycrest Christian School Private - Preschool to 8Th Grade - Closest Middle School |
1 Miles | |
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Delphi Academy Of Florida Private - Preschool to 12Th Grade |
1 Miles |
School data provided by GreatSchools