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Azola South Tampa sells for $64.3 million

| Jo-Lynn Brown

ZOM Living completed the $64.3 million sale of Azola South Tampa, a recently developed luxury rental community, in the South Tampa neighborhood of Tampa.

The property’s buyer is Momentum Real Estate Partners, a Miami-based multifamily real estate investment firm. Located at 7701 Interbay Blvd., the 214-unit, garden-style community spans nine acres.

Azola South Tampa features floorplans ranging from 750 square foot one-bedroom apartments to 2,100 square foot townhome units, complete with three bedrooms and two and a half bathrooms.

ZOM Living recently announced it secured a $63 million construction loan to begin building MetWest Residential, a new luxury multifamily community with 375 apartment units and 3,000 square feet of prime retail space, at MetWest International, in Tampa’s Westshore District.

Real Estate Quarterly: An update on commercial real estate and office market

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