The Pointe on Westshore Listed for Sale in South Tampa

The Pointe on Westshore, a 444-unit apartment community at 4950 W. Prescott St. in South Tampa, is listed for sale. JBM Institutional Multifamily Advisors is marketing the property, with offers due Nov. 12, 2026. The five-story community totals 679,500 square feet and was developed by Index Investment Group with architecture by Jacobs & Associates.

Completed in 2022 after a May 2019 construction start, the project cost just over $100 million. Units average 1,067 square feet across one-, two- and three-bedroom floor plans. The property has 807 parking spaces in ground-floor garages and open paved lots.

Amenities include two heated pools, one junior Olympic-sized with swim lanes, rooftop lounges with views of Tampa Bay and downtown Tampa and St. Petersburg, a 24-hour fitness center, two outdoor fitness areas, a fenced dog park with turf, a pet spa and a car wash. The clubhouse has a catering kitchen, conference room, business center and art room, plus grilling stations, a fire pit and a TULU smart rental store.

The property last traded in April 2024, when Tampa-based American Landmark Apartments paid $134 million, roughly $302,000 per unit, with Index retaining a limited-partner interest. Meridian Capital Group arranged a $103 million construction takeout refinancing for Index in 2021. Stabilized occupancy was 87.1% in Q3 2026.

The community sits about one mile from MacDill Air Force Base, near West Gandy Boulevard and the Lee Roy Selmon Expressway.