A new apartment complex in downtown Clearwater with vacant ground-floor retail space sold for $46.8 million. The price equated to $182,101 per square foot for the  257-unit Nolen apartment complex, which opened last year. The rental property on Cleveland Street in downtown Clearwater sold with an 85 percent residential occupancy rate. But the property’s 11,500 square feet of vacant retail space was part of the appeal of The Nolen to the buyer, NM Residential. Michael ... [more]