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SUBMARKET INDICATORS
The South Tampa Submarket is a regular target among multifamily investors in Tampa. Annual sales volume has averaged $274 million over the past five years, and the 12 month high in investment volume hit $858 million over the same period. During the last 12 months specifically, $273 million worth of assets sold. Average apartment properties reached $274,611/ unit, during the second quarter of 2023 .
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Sales Volume And Price Per Unit
South Tampa has consistently been a highly liquid submarket with strong demand for multifamily real estate properties. Annual sales volume has averaged $274 million over the past five years, and the 12-month high in investment volume hit $858 million over the same period, and $273 million worth of assets sold during the last 12 months. Average apartment properties reached $274,611/ unit, during the second quarter of 2023 .
