411 S Nimbus Ave, Clearwater, FL 33765

Prime 10-Unit Multifamily Investment Opportunity – Clearwater, FL

An exceptional opportunity to acquire a fully occupied, well-maintained 10-unit multifamily asset located at 411 S. Nimbus Ave., Clearwater, FL 33765 in the highly desirable Pinellas County rental market.

The property consists of eight spacious 1-bedroom/1-bath units (approximately 800 sq. ft. each) and two 2-bedroom/1-bath units (approximately 975 sq. ft. each), totaling 7,580 heated square feet on a 14,300 sq. ft. lot. The property includes 10 on-site parking spaces and attractive tenant amenities, including a private swimming pool.

Significant recent capital improvements enhance both tenant appeal and long-term asset value, including:

• New hurricane-rated windows

• Updated electrical service

• Fresh exterior paint

• Newly sealed and striped parking lot

Constructed with durable concrete block construction, the property benefits from low maintenance requirements and a stable tenant base, delivering consistent cash flow.

Strategically positioned in a high-demand rental corridor, the location offers convenient access to key amenities and employment centers:

• 15 minutes to Clearwater Beach

• 5 minutes to Crest Lake Park and Glen Oaks Park

• Walking distance to public transit and Clearwater High School

With strong in-place occupancy, recent upgrades, and proximity to major lifestyle and employment hubs, this asset presents an outstanding opportunity for investors seeking reliable income and long-term appreciation in one of Florida’s most desirable coastal markets.