Dwell at Bay Crossing

Largo, FL
228 Units, constructed in 1976

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Dwell at Bay Crossing, located at 600 Starkey Road, is a 228-unit apartment community in Largo Florida.  Constructed in 1976, the property consists of 15 two-story courtyard buildings and is situated on 9.3 acres.  Dwell offers residents spacious one-, two- and three-bedroom apartments averaging 936 square feet.  The property’s central Pinellas County location gives residents convenient access to Clearwater and St. Petersburg, two major employment and entertainment hubs in the region.

Dwell at Bay Crossing features two swimming pools with lounge areas, a newly renovated fitness center, a playground, picnic areas, business centers, and two clothing care centers.  All units have a fully equipped kitchen, a private patio or balcony, a spacious walk-in closet, upgraded light fixtures, and custom cabinetry.  Select units have a washer and dryer connection, and newly redesigned interiors.  Redwood plans on injecting $2 million of capital into the property, focusing primarily on unit interior upgrades, electrical upgrades, balcony repairs and amenity upgrades.  We believe our plan to upgrade unit interiors and community amenities will be well received by residents.  Additionally, Redwood plans on improving operations with a strong regional property management company who can handle growth within the Tampa submarket.

clairmont-otg_223Located in theTampa Bay MSA, the property is within the highest employment growth market in Florida.  There is also major retail and entertainment nearby at Westshore Plaza, Tyrone Square Mall, Countryside Mall, and the revered International Plaza and Bay Street.  Dwell is one of the best located properties in the area due to the short distance from Gateway office market as well as the geographic center of all major employment centers in the Tampa MSA.