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 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 Las Palmas, a 250-unit value-add community in Altamonte Springs, FL. The property benefits from being located just off major arterial Interstate-4 and within a short commute of almost 280,000 jobs situated in nearby office parks and hospitals such as AdventHealth Altamonte Springs, 3.6M SF of retail including the regional driver, Altamonte Mall, as well as minutes from the largest regional employment hub of Downtown Orlando. The property has seen significant capital expenditures totaling over $7M during the course of current (~$2.9M) and prior ownership (~$4.5M) leaving little deferred maintenance while still providing upside in continuing strategic upgrades on 62% of the units to increase rents an additional $150/unit/mo. The property is being sold well below replacement cost and approximately 15% below the prior trade price in 2022 with attractive assumable agency debt in-place.

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 Florida Multifamily Advisory Group of Cushman & Wakefield is pleased to present the exclusive offering of Marbella Park, a 120-unit value-add community in Orlando, FL. Located in northwest Orlando, the property has phenomenal connectivity to major employment hubs such as Winter Park, Lake Mary, Altamonte Springs, and the downtown Orlando CBD – all accessible within a 20-minute drive. The property is well built of concrete block construction and boasts an attractive unit mix of the largest floor plans in the submarket with 33% one-bedroom and 67% two-bedrooms, most of which have been upgraded to a luxury standard. There is opportunity to further renovate 32% of the units that are either classic or partial upgrades as well as implement other income revenue streams with additional fees and services.

With optionality to purchase the property free and clear or subject to a Freddie Mac loan at 3.38% and ability to place new supplemental debt, the property presents an excellent opportunity to acquire a well-performing asset with strong in-place cash flow and future upside through strategic additional renovations.

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 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.