St. Pete’s The Madeira Apartments Sold For $17 Million

By Jay Wittner December 29, 2021

The Madeira apartments, the latest St. Pete apartments to sell, went for $17 million. The 138 door community was built in 1971. The Madeira is situated on a 3 acre parcel and the sale comes to $125,000 per unit. The seller was GPK Holdings and the buyer was CK Management. The Madeira is located at 7533 38th Ave. North.