21-story Harbour Island apartment tower sells for record-setting price

A 21-story residential tower on Harbour Island has sold for a record-setting price per unit. 500 Harbour Island was sold to Northwestern Mutual for $103.45 million or $440,212 per apartment, according to JLL, which announced the deal Thursday. JLL represented the seller, a partnership of Tampa's Forge Capital Partners and Intown/Framework Group, which completed the tower in 2017. It is the first time a market-rate apartment community has surpassed $400,000 per unit, and the sales price beats the…Original Article