'Trophy' Hyde Park rental sets per-unit sales record

By Business Observer Staff
| 8:02 a.m. May 24, 2013
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Tampa Bay-Lakeland

BUYER: RedBridge Realty LLC (principal: Elizabeth Shimberg), Seffner
SELLER: Intown Housing BV LLC
PROPERTY: 1402 S. Bay Villa Place, Tampa
PRICE: $2.9 million
PREVIOUS PRICE: $1.45 million, June 2011
LAW FIRM ON DEED: Gardner Brewer Matinez-Monfort PA, Tampa

PLANS, DESCRIPTION: A high net-worth group led by Elizabeth Shimberg purchased the 24-unit Bay Villa SoHo Apartments for $2.9 million.

The price equated to $120,833 per unit or $212 per square foot.