The community is about 10 miles west of Downtown Tampa and west of US 19 in Palm Harbor at the entrance to the Westin Innisbrook Resort. Sean Williams and Marc deBaptiste of Boca Raton, FL-based Apartment Realty Advisors represented the sellers.
"Pinellas County's infill characteristics, combined with ParkCrest II at Innisbrook's location at the gates of the Westin Innisbrook Resort, position the property as a prime condo conversion candidate," says Williams. The sale was ARA's sixth condominium conversion in the past nine months.
Base rents at the property are $737 per month for a one-bedroom, one-bath unit to $1,032 for a four-bedroom, two-bath unit.
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