Cushman closes $53M in apartment sales

TAMPA – Cushman & Wakefield’s Florida Apartment Brokerage Services, with apartment specialists in Tampa, Orlando, Jacksonville, Fort Lauderdale and Miami, announced the sale of Sabal Palm at Carrollwood for $39 million and Beneva Place for $14.9 million.

The purchaser of Sabal Palm at Carrollwood was CAPREIT, and the purchaser of Beneva Place was Insula Properties, LLC. Executive Director Byron Moger and Director Luis Elorza were the only brokers involved in the transactions.

Sabal Palm at Carrollwood, built in 1995, is at 3602 Carrollwood Place Circle in Tampa and is a 432-unit Class A apartment community within central Carrollwood. Totaling 419,040sf, it offers a mix of one-, two- and three-bedrooms.

Beneva Place, built in 1986, is at 3451 Queens St. in Sarasota and is a 192-unit apartment community within a desirable residential neighborhood just three miles from the white, sandy beaches of Siesta Key. Totaling 169,360sf, it offers a mix of one and two bedrooms.

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