Investors at The Mahaffey Apartment Company in St Petersburg, Florida

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Investment Based on Experience

Since our inception in 1962, Mahaffey Apartment Company has actively participated in every phase of the development process – ranging from site selection and planning to construction, management, and long-term ownership. Our vertical integration and hands-on approach ensure consistency, accountability, and lasting value for our investors. Contact us to discuss how we can combine our development experience with your investment goals.

Employees reviewing some construction plans at The Mahaffey Apartment Company in St Petersburg, Florida

The Mahaffey Full Suite of Services

Mahaffey offers a comprehensive range of multifamily development and management services, with an unwavering attention to detail at every stage of the process.

Ariel veiw of lakeside development at The Mahaffey Apartment Company in St Petersburg, Florida

Development

Mahaffey is strategic and purposeful in developing new communities, placing a strong emphasis on waterfront living and expansive green spaces. Our strategy starts with acquiring well-located land at prices that allow us to build and rent our apartments at attainable rates.

 
Construction developers at The Mahaffey Apartment Company in St Petersburg, Florida

Construction

Esterline Construction

Founded in 2000, Esterline Construction has collaborated closely with Mahaffey Management Company to oversee the development of over 5,500 apartment homes, representing more than $450 million in construction costs and contributing to a portfolio valued at over $1.2 billion.

Property with luxury pool at The Mahaffey Apartment Company in St Petersburg, Florida

Design

The Mahaffey Apartment Company approaches design with a long-term perspective, creating communities grounded in classic architectural principles that remain relevant for generations.

Two dogs enjoying the dog park at The Mahaffey Apartment Company in St Petersburg, Florida

Lifestyle

Mahaffey communities are designed to foster a worry-free lifestyle through thoughtful planning, long-term ownership, and hands-on management. Our communities prioritize livability, convenience, and enjoyable spaces for residents, both indoors and outdoors.

Carlton Communities

Mahaffey Apartment Company features two unique property brands. The Carlton is our signature waterfront brand designed to cater to a diverse range of lifestyles, offering prime amenities throughout. Carlton Arms properties are classic in design and architecture, characterized by distinctive brick colonial styling.

View Our Communities

The Carlton at Lake Dexter at The Mahaffey Apartment Company in St Petersburg, Florida

The Carlton at Lake Dexter

Winter Haven, FL | 561 Apartments | Completed 2024

The Carlton at Robinson Gateway at The Mahaffey Apartment Company in St Petersburg, Florida

The Carlton at Robinson Gateway

Palmetto, FL | 610 apartments | Completed 2026

The Carlton at Fort Myers at The Mahaffey Apartment Company in St Petersburg, Florida

The Carlton at Fort Myers

Fort Myers, FL | 442 Apartments | Completed 2022

Business center clubhouse at The Mahaffey Apartment Company in St Petersburg, Florida

Designed & Updated With Purpose

As resident expectations and lifestyles evolve, Mahaffey adapts with purpose. Our design decisions prioritize high-quality materials, efficient maintenance, and enduring appeal to ensure lasting value for residents, municipalities, and property owners alike. This philosophy of consistency paired with evolution has shaped our communities and continues to guide the next generation of Mahaffey developments.

“Year in, year out, through good times and bad, the occupancy rate of Mahaffey apartments has remained steady at 99%.” 
– Florida Trend Magazine 

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Building Communities That Last Generations 

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