Tampa Apartment Sale Shatters Market Record for Price Per Unit

For the second time in as many weeks, Tampa has set a new record multifamily price per unit after JLL announced that the 500 Harbour Island apartments at 500 Kings Run Ave. sold Thursday for a little over $440,000 per unit. In addition to being the first Tampa property to surpass the $400,000 per unit watermark, the transaction is also substantially greater than the market’s previous high, established when the Camden Pier District apartments sold in 2018 for $353,000 per unit.