A joint venture between Apollo Equity Investors and Rendina Healthcare Real Estate was the purchaser.
Acquiring Flagler Health+ is part of UF Health’s expansion, which now includes 11 hospitals.
Bayfront Health is the only state-accredited Level II Adult Trauma Center in Pinellas County and is nationally accredited as a Comprehensive Stroke Center. It is also the oldest hospital in St. Petersburg and began in 1910 as Good Samaritan Hospital.
The medical office building, located just north of Broward Health Coral Springs, sold for $15.38 million, equating to $291 per square foot.
The facility will be approximately 204,000 square feet and is scheduled to open in late 2025.