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Olympus Property Acquires High-Rise MF Community in Tampa for $132M

Fort Worth-based Olympus Property has acquired Icon Harbour Island in Tampa, a 340-unit, 21-story high-rise multifamily community on Harbour Island, just south of downtown Tampa. The sales price was $131.5 million. Effective immediately, the asset will be renamed Olympus Harbour Island.

Completed in 2017, the community features a suite of amenities that include a resort-style swimming pool with cabanas and daybeds, clubhouse with catering kitchen and piano salon, 24-hour fitness center, game room with billiards and game tables, a wine cellar, movie theatre, picnic area, café bar and a parking garage.

Unit features include 9-foot ceilings, stainless steel appliances, quartz countertops, porcelain tile backsplash, garden tubs, walk-in showers, double vanity sinks, framed bathroom mirrors, walk-in closets, and patios.

Patrick Dufour, Richard Donnellan and Ryan Crowley of NKF Multifamily represented the seller, The Related Group, in the transaction.

For comments, questions or concerns, please contact David Cohen

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.

  • ◦Sale/Acquisition