Bankruptcy Auction: The Morgan -Apartment Complex in St. Petersburg, FL

BANKRUPTCY AUCTION:
The Morgan
Bid Deadline – August 21st
Auction – September 4th
Min Bid – $42,850,000

304 Unit Apartment Complex

Keen-Summit Capital Partners LLC (“Keen”) has been retained by Lurin Real Estate Holdings LXIV, LLC, etal., as its exclusive marketing agent and real estate advisor for the sale of the real property located at the following locations:

BANKRUPTCY AUCTION:

5473 27th St South, St. Petersburg, FL

Subject to Bankruptcy Court Approval

  • Bid Deadline: August 21, 2026
  • Auction Date: September 4, 2026
  • Recommended Minimum Overbid: $42,850,000

Apartment Complex

  • 304 total units across 27 three-story buildings
    • 144 1-bed apartments w/ avg. 718 SF
    • 130 2-bed apartments w/ avg. 1,250 SF
    • 30 3-bed apartments w/ avg. 1,651 SF
  • Built in 1972 | Renovated in 2015
  • 315,450 + SF Gross Building Area set on a 21.72 + acre site
  • Amenities: 3 Swimming pools, Clubhouse, Fitness Center, Business Center, Outdoor Grilling & Picnic areas, Laundry Facilities (certain units have in-unit laundry), etc.

Bidding Procedures:

Click Here to View Map

Keen-Summit Contacts:

Casey Ott, Associate
(646) 381-9206

MORE PRojects