The 444-bed property is serving the students at the University of South Florida.
This sale marks the highest price paid for a deal spanning the state’s Central, Southwest and North areas.
The luxury property is part of the Midtown Tampa mixed-use developemnt.
The community will be part of the 44-acre Independence Park, which will include townhomes, retail and office in future phases.
The property’s developer sold the 252-unit asset after almost 18 years of ownership.