Apartment Complex In North St. Pete Sells For $114 Million

By Jay Wittner November 10, 2020

Trellis at the Lakes apartments just sold for $114 million. Located in north St. Pete, the complex contains 688 1-2 bedroom units. The facility was built in 1981 and consists of 46 buildings. The seller was ESG Kullen & the buyer was Stoneweg US. The sale works out to about $166,000 per unit. The community is located at 11401 Dr. MLK Jr. St. N. (off 4th St. in the Gateway area).