Carillon apartment sells for $45.8 million

ST. PETERSBURG — Boston-based TA Associates Realty purchased the 334-unit Promenade at Carillon in St. Petersburg for $45.8 million.

The price equated to $145,210 per unit. That figure is higher than the current average price per unit for multifamily space ($70,803) in the Tampa Bay area, according to the CoStar Group. The apartment complex is located at 540 Carillon Parkway, St. Petersburg.

Located in the Carillon Park area, the apartment development features a mixture of one-, two- and three-bedroom units. Its community amenities include a saltwater swimming pool, outdoor kitchen, pool lounge area, fitness center and garage parking. The wood frame community was 9% vacant as of the CoStar Group's last review in January, and its units average 969 square feet. Promenade at Carillon was built in 1994 and occupies a 9.17-acre parcel.