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South Florida Firm Buys River Pointe Apartments in Tampa for $19.3 Million

Coastline Management Ventures Out From South Florida, Picks Up 212-Unit Complex in Tampa
River Pointe was originally built in 1973, but was renovated in 2007.
River Pointe was originally built in 1973, but was renovated in 2007.
By Ted Schoenborn
December 27, 2018 | 6:23 P.M.

A Hollywood, Florida-based investment and management firm bolstered its Central Florida footprint with its latest acquisition. Coastline Management Group Inc. purchased the Rive Pointe apartments in Tampa, Florida, for $19.3 million, or about $91,000 per unit.

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