Tuesday, May 25, 2021

Miami Based GLT Group Brokerage Arranges $22 Million Sale of Waterfront Luxury Hotel Resort Harborside Suites in Tampa MSA

Harborside Suites, a 158-unit condo-hotel located
in Ruskin, FL, a part ofTampa Bay's South Shore area

 MIAMI, FL — The 158 unit Harborside Suites condo-hotel located in Ruskin, a part of Tampa Bay's South Shore area, was sold in an off market deal for $22M.

 Located on a private beach surrounded by harbors & marinas, minutes from the Florida Aquarium, top shopping venues and the cities of Tampa, Sarasota and St. Petersburg.

The resort includes three heated outdoor pools, two Jacuzzis, two fitness centers and six sports courts. The units are comprised of studio, one-, two- and three-bedroom with kitchens and are contained within three connected buildings.

Sean Shahar A. Ziv

 Sean Shahar A. Ziv, CEO of GLT Group Brokerage represented the seller, a west coast family owned hospitality company and procured the buyer, New York based ESG Kullen, a leading specialist in value add investment with focus on multifamily housing sector. 

The Buyer is planning to transform the resort into high quality class A apartments.

 “The Tampa Bay area is becoming one of the strongest housing markets in the nation and we anticipate this trend to increase as more people move to Florida,” says Ziv.

 CONTACT:

Ran Ziv

Office: 444 Brickell Avenue Suite #730

rziv@thegltgroup.com

+1 (786) 860-5982

www.thegltgroup.com

 

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