Places This Week: 400 Central penthouse under contract
A weekly roundup of local real estate deals.
Penthouse at 400 Central goes under contract for over $5 million
A 4,237-square-foot penthouse on the 43rd floor of The Residences at 400 Central tower, currently under construction in St. Petersburg, is pending a $5.23 million sale.
The buyers are residents of Illinois who were attracted to the architecture and amenities of the condo tower, as well as St. Pete’s culture, according to a news release.
The four-bedroom, four-and-a-half-bath residence will have an additional 1,389 square feet of outdoor terrace space overlooking downtown within the planned 1.3 million-square-foot building.
The condo units at 400 Central start at the $800,000 price point.
The entire project will include 301 condo units, ground-floor retail and at least 40,000 square feet of office space.
It’s scheduled to be completed in the first quarter of 2025.
The tower is being developed by New York-based Red Apple Real Estate and designed by architectural firm Arquitectonica.
Clearwater school sells
Harbor View Creative Learning Center in Clearwater, previously doing business as the Magnolia Day School, has sold in a $3.45 million deal.
Greybridge sold the school at 3245 Executive Drive to an entity tied to Igor Niznik, owner of the Butcher Shop Beer Garden and Grill in West Palm Beach.
The buyer took out a roughly $2.1 million loan from Fairwinds Credit Union.
The purchased 6,254-square-foot school and daycare center was built in 1988. The learning center specializes in early education for infants and toddlers.
Rinker estate relists
The massive Belleair estate built by the Rinker Family is back on the market with an asking price of $10.995 million.
Last year it was listed for $12.995 million.
The home at 140 Willadel Drive was built in 1991 by Marshall Rinker Jr. and his wife Mary. Marshall Rinker Sr. founded the concrete company Rinker Materials Corp., which was once the largest concrete company in the state.
The nearly 12,000-square-foot estate in the prestigious Belleair neighborhood sold last in 2021 in a $7.1 million deal.
The owner, under the entity Chateau Galinski LLC, sold the six-bedroom home to an entity tied to Equity Management Partners. The principal of the firm is real estate mogul Ben Mallah, according to public records.
There is a pool/spa deck area with a gazebo and cabana on an upper level of the property with an outdoor cooking area.
On a lower level, there is a lighted tennis court, a multi-level putting green and waterfront seating areas.
The listing agent is Mandy Kaplan with Century 21 Beggins Enterprises.
Hamburger Mary’s closes Clearwater restaurant
Hamburger Mary’s, the restaurant chain known for its drag shows, will serve its last meal Saturday as it prepares to close the Clearwater restaurant.
Hamburger Mary’s announced the restaurant’s closure on a Facebook post, with no further details.
The Clearwater restaurant at 28910 U.S. 19 was the last Hamburger Mary’s location operating in the Tampa Bay metro. The chain previously had restaurants in Ybor, St. Pete and Brandon.