Tampa Office

The Cushman & Wakefield Florida Multifamily Advisory Group is pleased to present the exclusive offering of Compton Place, a 384-unit multifamily community located in the prestigious Tampa Palms submarket of Tampa, Florida being offered for sale for the first time since it was built in 1999. The property boasts some of the largest floor plans in the submarket at an average size of 1,234 SF with 9’ (or higher) ceiling heights throughout and open kitchen floor plans. The units feature classic finish levels offering a generational opportunity to renovate 100% of the units to luxury standards with ability to achieve over a $300 effective rent premium. The property benefits from strong demographics in the vicinity, highly rated zoned schools and being situated minutes from 1,000’s of employers such as USAA, three major hospitals, the University of South Florida and substantial nearby retail and points of interest.

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.

The Cushman & Wakefield Florida Multifamily Advisory Group is pleased to present the 56-unit Jefferson Way multifamily community located in Orange Park, Florida.

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.

The Cushman & Wakefield Florida Multifamily Advisory Group is pleased to present the exclusive offering of the Lutheran Residences in South Pasadena (St. Petersburg area of Tampa Bay), a rare and unique opportunity to acquire a 180-unit 16-story multifamily tower with surface parking. The property previously operated as a senior affordable housing community, but affordability restrictions were removed when prior debt encumbrances were satisfied. The property sustained significant damage from Hurricanes Helene and Milton in 2024 at which point, the property was vacated and remains 100% vacant.

The property sits in a highly desirable location in South Pasadena in Pinellas county with average household income of $115k (5-mile radius) and proximity to major employment, retail and grocery and nationally acclaimed white sand beaches. The property has numerous common area rooms on the ground floor that can be adapted to modern amenities and has the ability to upgrade all units to a luxury finish level. Furthermore, units can potentially be combined to create two-bedrooms and a more diverse unit mix. There are water and cityscape views of the Boca Ciega Bay, Gulf of Mexico and downtown St. Petersburg from approximately 75% of units.

The property is in need of rehab, being sold as-is, free and clear of debt. The property also sits in a Qualified Census Tract (QCT) and currently has a rooftop cell tower lease and a ground lease with approximately 25 spaces being leased to an adjacent restaurant.

The Cushman & Wakefield Florida Multifamily Advisory Group is pleased to present the 63-unit Surfside Apartments mixed-use property consisting of 62 multifamily units and 1 commercial unit, located in Jacksonville Beach, Florida, blocks from the Atlantic Ocean.

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.

The Cushman & Wakefield Florida Multifamily Advisory Group is pleased to present the 536-unit Viridian multifamily community located in Tampa, Florida. The property lies in the Uptown Innovation Quarter of North Tampa, one of Tampa Bay’s largest concentrations of employment with over 2,100 companies in a 25,000 acre district, anchored by the University of South Florida, three major hospitals and a growing tech and biomedical sciences scene. The property is adjacent to the Rithm at Uptown, a 113-acre $4 billion mixed-use innovation community that has 7 million SF of planned development for research, innovation, technology, habitat and medicine and features a Sprouts Farmers Market.

The property has undergone a significant capital expenditure program totaling over $19 million dollars that included a comprehensive interior renovation program that has upgraded the majority of units to luxury grade finishes as well as numerous common area and exterior improvements such as new hardiboard siding, exterior paint, an upgrade of amenities and the clubhouse and landscaping improvements to name a few. These extensive capital improvements leave little deferred maintenance and coupled with a dynamic unit mix of one, two and three bedroom floor plans featuring outsized and multi-level townhome units, has allowed the asset to compete with newer built communities in the vicinity.

The Cushman & Wakefield Florida Multifamily Advisory Group is pleased to present Waterview Crossing, a 343-unit concrete block community located in Orlando, FL. Waterview Crossing may also be purchased as part of a two property portfolio with Windford Place, a 200-unit community also located in Orlando, allowing investors to scale immediately within one of Florida’s fastest-growing primary markets.

The Cushman & Wakefield Florida Multifamily Advisory Group is pleased to present Winford Place, a 200-unit value-add multifamily community located in Orlando, FL. Winford Place may also be purchased as part of a two property portfolio with Waterview Crossing, a 343-unit community also located in Orlando, allowing investors to scale immediately within one of Florida’s fastest-growing primary markets.