$640,000
401 Nimbus Avenue
Clearwater, FL 33765
Listing updated: May 9, 2026 at 3:15 PM ET
Listing courtesy of Arbors Management & Realty · Justin Hull · MLS #TB8480535 · Active · 727-462-9999Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Excellent opportunity for investment income! This well maintained triplex is centrally located right off of Gulf-to-Bay blvd. All three units are rented with great tenants. Two of the units have central a/c systems (replaced in 2016 & 2022 respectively), the third has wall units. The roof was replaced in 2015 and has plenty of life left in it. Covered parking and a laundry closet add to tenant quality of living. Call today for more info.
Local Insight
At $292/sqft for a 1957 triplex in Clearwater, you're paying a reasonable price per square foot, but you'll want a thorough inspection since the building is 67 years old and older triplex construction often means shared walls, potential foundation settling, and higher maintenance costs that can surprise owners. The X flood zone is a genuine advantage here—no flood insurance requirement—which is a real money-saver compared to most Clearwater properties, though you should verify the actual elevation and local drainage patterns since older construction in this area can still experience localized water issues. The tight 0.23-acre lot means minimal land value and limited expansion potential, so this property's return depends heavily on rental income from the units rather than appreciation or development upside.
AI-generated insight based on listing data and neighborhood context. Verify independently.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history70 days on market
- Status: ActiveFeb 28, 2026
- Listed$640,000Feb 28, 2026
- Price increased$640,000
Facts & features
- Property type
- Residential Income
- Sub type
- Triplex
- Status
- Active
- Days on market
- 70
- Subdivision
- Skycrest Unit Ten
- County
- Pinellas
- Year built
- 1957
- Living area
- 2,192 sq ft
- Price/sq ft
- $292
- Lot size
- 9,897 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- X (12103C0109J)
- Annual taxes
- $7,257 (2025)
- Parcel #
- 13-29-15-82548-005-0090
- MLS #
- TB8480535
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Interior Details
- Bedrooms
- 4
- Interior features
- Open Floorplan, Thermostat
- Laundry
- Common Area, Laundry Closet, Outside
- Stories / Levels
- One
Heating & Cooling
- Heating
- Electric, Ductless
- Cooling
- Central Air, Wall/Window Unit(s)
Parking
- Carport
- Yes
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Min lease term
- No Minimum
- Listing terms
- Cash, Conventional
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- No
Exterior & Construction
- Exterior features
- Sidewalk
- Construction materials
- Block
- Roof
- Shingle
- Foundation
- Slab
- Road surface
- Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Public
Listing Details
- Listing date
- 2026-02-25
- On market date
- 2026-02-28
- Original list price
- $640,000
- MLS area
- 33765 - Clearwater/Sunset Point
- Listing AOR
- Suncoast Tampa
- Status changed
- 2026-02-28
- Tax legal description
- SKYCREST UNIT TEN BLK E, LOT 9
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
Heading west on Gulf-to-Bay blvd. Turn right onto Nimbus ave. Property will be on the right.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of May 9, 2026 at 3:15 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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