South Tampa Apartment Community Bought For $76.5 Million

By Jay Wittner April 7, 2021

The Cortona apartment community in South Tampa has been bought by the Blackstone Group for $76.5 million. Cortona consists of 300 units (160 apartments and 140 townhomes), is 94% occupied, and was built in 2019. The transaction comes to $255,000 per unit. Cortona is located near the intersection of Dale Mabry and Gandy at 5145 S. Dale Mabry Highway. Cortona was sold by List Developers and Gries Investment Funds.