JLL Capital Markets announced today that it has closed the sale of Icon Central, a 368-unit,15-story, residential high-rise in the Tampa Bay community of St. Petersburg, Florida.

JLL marketed the property on behalf of the seller, Related Group. Camden Property Trust acquired the property. 

Completed in 2019, Icon Central set a new standard for apartment living in Tampa Bay when it delivered.   Units feature private balconies; Italian cabinetry; stainless steel appliances; kitchen islands; a full-size washer and dryer; and electronic key-fob entry. The community provides residents with a pool with lounge area; fitness center; rooftop terrace with outdoor kitchen, dining, seating and firepits; sauna and steam room; spa with massage tables and Zen lounge; private clubroom and dining room; museum quality art throughout the property; a movie-theatre; game simulator with golf, lacrosse, soccer and hockey software; and on-site retail and dining.     

Situated at 855 Central Ave., Icon Central boasts incredible walkability to a wide variety of shopping, dining, and recreation in downtown St. Petersburg. The property sits at the nexus of two thriving districts – the Central Arts District and the Edge District – which are home to popular art galleries, museums, breweries and Tropicana Field, home to the Tampa Bay Rays.   

The JLL Capital Markets Investment Sales Advisory team representing the seller was led by Senior Managing Director Matt Mitchell, Executive Managing Director Matthew Lawton, and Senior Director Zach Nolan.