Tampa Bay apartment market continues to flourish

Related Group deal for Icon Harbour Island sets pricing record

  • By Kevin McQuaid
  • | 6:00 a.m. November 22, 2019
  • | 0 Free Articles Remaining!
COURTESY PHOTO — Olympus Property of Texas paid a record $131.5 million for the 21-story Icon Harbour Island apartment building, which was completed by The Related Group in 2017.
COURTESY PHOTO — Olympus Property of Texas paid a record $131.5 million for the 21-story Icon Harbour Island apartment building, which was completed by The Related Group in 2017.
  • Commercial Real Estate
  • Share

Fueled by gains in affluent population and job growth, Tampa Bay multifamily rental investment sales have mushroomed over the past three years — with few signs of abating.

 

Continue reading your article
with a Business Observer subscription.
What's included:
  • ✓ Unlimited digital access to BusinessObserverFL.com
  • ✓ E-Newspaper app, digital replica of print edition
  • ✓ Mailed print newspaper every Friday (optional)
  • ✓ Newsletter of daily business news
Subscribe

Already subscribed? Sign in.

Latest News

  • February 4, 2026
Darden to transform 4 Bahama Breeze eateries in region
  • February 4, 2026
Tampa firm invests $5.5M into Sarasota townhome project
  • February 4, 2026
Builder, with $5.3M site purchase, plans 222 homes in Charlotte County
  • February 4, 2026
Rock star sells Sarasota estate for $7.5 million

Sponsored Content