CLEARWATER, Fla. (August 29, 2022) – Bridgewater Commercial Real Estate is pleased to announce the sale of 14 Class C multifamily units for $135,714 a door. The addresses of the Clearwater properties are 604 Woodlawn St. (4 units), 1511 Sadlon Ave. (4 units), 1352 Tioga Ave. (2 units) and 308 Mars Ave. (4 units).
This sale, which closed on July 29, was handled by Bridgewater’s Davis Nunneley and Kris Dumke.
“While the multifamily market in Tampa Bay is starting to slow down, there are still buyers who have enough faith in the market to pay top dollar for apartments,” Nunneley said. He specializes in the Apartment sector for the St. Petersburg-based real estate firm.
Experts continue to stress that our marketplace needs more work-force housing such as these units.