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The Cushman & Wakefield Florida Multifamily Advisory Group is pleased to present Elements on Third, a rare 431-unit mid- to high-rise, elevator-served multifamily community located in the Historic Kenwood neighborhood of St. Petersburg, Florida. The property sits in the top-performing submarket in the Tampa Bay region, with South St. Petersburg posting the metro's #1 quarterly rent growth (+2.0%) and revenue growth (+2.6%) in 2Q26 and the strongest five-year rent growth (+6.8%) in the market, supported by an affluent, under-rented trade area where median household income is growing 6%+ annually. The property is strategically located less than three miles from Downtown St. Petersburg's central business district (40k employees), the Salvador Dalí Museum, and Tropicana Field and directly borders the Grand Central District's arts, dining, and brewery scene, and benefits from the newly awarded $8.1 billion Historic Gas Plant District redevelopment just southeast of the submarket.

The property spans six buildings constructed in phases between 1962 and 2021 — including two historic office-building conversions completely renovated in 2020-2023 — and offers 43 diversified floor plans averaging 844 square feet. Ownership has invested over $8 million in capital improvements over the past five years, and the property recently completed a successful lease-up after a management change, now hovering around 95% occupancy with minimal to no concessions. Additional upside remains through capturing embedded loss to lease (rents in-place 4.6% below market) as well as operational upside through ancillary income growth — including in-unit technology packages, increased utility reimbursement recovery, and additional storage, bike storage, and parking income — representing approximately $272,000 in additional annual revenue potential.

The offering is being marketed through a court-supervised Chapter 11 bankruptcy process, providing investors with the opportunity to acquire a recently renovated asset at a potential discount to prior basis and replacement cost.

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Elements on Third
431 Units
3201 3rd Avenue North
St. Petersburg, FL  33713
Type:  Multifamily
Posted: 6/19/2026

The Cushman & Wakefield Florida Multifamily Advisory Group is pleased to present Lamplighter Legacy Apartments (“LL”), a 102-unit boutique Class “A” four-story multifamily community in Ocala, Florida. As the only Class "A" apartment community ever developed in the Downtown Ocala submarket, LL offers investors a rare opportunity to acquire an institutional-quality asset in one of Florida's highest growth corridors for both population and commerce influx. Located within walking distance of historic Downtown Ocala and adjacent to two of Marion County's largest employers, HCA Florida Ocala Hospital and AdventHealth Ocala Hospital, the property is positioned to benefit from exceptional long-term fundamentals in the nation's fastest-growing MSA between 2024 and 2025.

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Lamplighter Legacy
102 Units
903 SE 3rd Avenue
Ocala, FL  34471
Type:  Multifamily
Posted: 1/26/2026

The Cushman & Wakefield Florida Multifamily Advisory Group is pleased to present the 128-unit Element at 464 multifamily community located in Daytona Beach,Florida. The property is located in the high-growth Central Florida “I-4 Corridor” benefiting from significant population influx of 9.3% and an increase of 41% in median household income over the last five years. The property is strategically located in the city within a short distance of major drivers including Halifax Health Medical Center, Embry-Riddle Aeronautical University, Bethune-Cookman University, the Daytona One entertainment corridor and Daytona International Speedway and the Daytona International Airport.

The property is a 1970s built garden-style community built of concrete block with a courtyard setting configuration. Ownership has invested over $530,000 in capital improvements since acquisition including new signage, revamped landscaping, new exterior door and trim paint and various amenities improvements. With 44% of units fully renovated and 27% partially renovated, continued renovation of the remaining classic units will also result in a premium. Additionally, offers operational upside through bringing down units online, shoring up some recently elevated bad debt and fully saturating the property with the cable/internet revenue, utility reimbursements and charging for parking.

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The Element At 464
Offers Due:  Wednesday, October 21, 2026
128 Units
464 Brentwood Drive
Daytona Beach, FL  32117-4846
Posted: 8/28/2026