Eagle Property Capital Sells 270 Unit Multifamily Asset In Saint Petersburg For $32.9M

The property asset involved in the transaction is a MultiFamily complex located at 501 116th Ave, Saint Petersburg, FL. The asset comprises 270 units and was sold for $32,900,000.00.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $32,900,000.00
• Units: 270
• Seller: Eagle Property Capital
• Market: Saint Petersburg, FL
• Sale Date: 08/18/2025

The transaction was facilitated by representatives, although specific broker details were not provided in the context. The involvement of Eagle Property Capital as the seller indicates a significant transaction in the local market.