Patsy Bradley
Property Description
Fully-stabilized 10-unit apartment community in central Clearwater's Sky Crest submarket, offered at $2,000,000 ($200,000/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.
Property Features
Feature Descriptions
Listed By / Shown By
Listed By
Agency Name: RIDER REAL ESTATE
Agency Contact: 404-368-8072
Shown By
Agent Name: Patsy Bradley
Agent Phone: (386) 689-4849
Agency Title: Watson Realty Corp., REALTORS ®
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300 S Nimbus Avenue | MLS# A4699732
This commercial property located at 300 S Nimbus Avenue, Clearwater, FL 33765 is currently listed for sale with an asking price of $2,000,000. Search Clearwater real estate on patsybradley.watsonrealtycorp.com today.