Know
Places This Week: A new Belleair Beach waterfront home
The Catalyst’s weekly roundup of notable Pinellas County real estate news.
A newly-constructed three-story waterfront residence completed this year, at 236 Howard Drive, Belleair Beach, has entered the market with a sales price of $8.75 million. Situated on a 0.26-acre of land, the home features five bedrooms, five full bathrooms and one half-bath across 5,830 square feet of living space.
The main level provides an expansive great room with a linear gas fireplace, dining area, two bedrooms with ensuite baths, an office, laundry room, utility closet and a powder room. The kitchen, off of the great room, is equipped with Miele, Wolf and Perlick appliances, and Taj Mahal quartzite countertops and backsplash.
Upstairs is the primary bedroom with a hallway leading to an ensuite bath and walk-in closets on either side. Also on this level are two additional guest bedrooms, each with its own bath, and a second laundry room.
The garage, which takes up the entire lower level, offers room for 12 vehicles. A commercial-grade elevator and stairs provide access to all three levels.
Outside is a salt-water pool and spa, an expanded seawall, deep-water dock and 102 feet of Intracoastal waterfrontage. A private residents-only beach is one block away, and the Belleair Country Club and Pelican Golf Club are within a 10-minute drive.
Additional highlights include full concrete construction, 25-foot ceilings, hardwood and marble floors, impact-rated windows and 42-foot-wide balconies.
Klein Development, Inc., based in Lutz, purchased the property in 2023 for $1.7 million. It is listed by Dania Perry with Century 21 Jim White & Associates.
11855 4th Street E., Treasure Island. Photo: Realtor.com.
A deep-water canal home on Treasure Island
A mid-century, three-bedroom/three-bathroom home, situated on a 0.19-acre deep-water canal lot in the Isle of Capri neighborhood of Treasure Island, has listed for $1.45 million.
Located at 11855 4th Street E., the one-story home was built in 1958 and renovated last year. It provides an open floorplan with high vaulted ceilings and refinished terrazzo tile floors across 1,948 square feet of living space. The kitchen is designed with solid surface countertops, an island for extra seating and new stainless-steel appliances.
The primary suite features an ensuite bath and a large walk-in closet. Two additional bedrooms, one with its own bath, provide room for guests. A one-car, 444-square-foot garage is attached to the home.
In front is a brick-paved circular driveway that leads to a shaded entryway surrounded by round white columns. Out back are a pool, patio, a new wood composite dock and a rooftop sundeck accessed by an exterior spiral staircase.
The home is move-in ready and some furnishings may be available for sale. The seller, represented by Haike Abraham with Crown Group Realty, Inc., purchased the home in 1994 for $188,500.
200 1st Avenue S., St. Petersburg. Photo: LoopNet.com.
Downtown St. Petersburg investment opportunity
A 10,392 gross square-foot strip center at 200 1st Avenue S., St. Petersburg has listed with an asking price of $9.27 million. Built in 1998, the one-story structure sits on a 0.24-acre of land.
The property is occupied by two restaurant tenants and surrounded by a mix of hotels, residential towers, museums and entertainment venues. Leases for both establishments are set to expire in 2030.
Ford’s Garage, a 1920s service station-themed dining concept with 34 locations across eight states, and an official licensee of the Ford Motor Company, occupies 6,488 heated square feet. Its lease includes 2% annual rent increases.
Aji Ceviche Bar, established in 2015 as an Orlando-based food truck, serves Peruvian fusion cuisine in brick-and-mortar locations across Florida. It occupies 3,380 square feet with 3% rent increases every year.
The property also includes the rights to 50 parking spaces, 10 reserved and 40 non-reserved, in the McNulty Parking Garage situated on top of the two restaurants and provides a stream of landlord revenue. The 525-space garage is accessible 24 hours-a-day.
The seller, Torose Equities, a Miami-based real estate investment firm, purchased the property under the registered name 200 1st Ave South Property Owner, LLC in May 2025 for $6.13 million. James Garner and Jim Shiebler with CBRE are the listing agents.
1401 Brightwaters Boulevard NE, St. Petersburg. Photo: Homes.com.
Snell Isle estate sells for 31% below list price
Completed in 2024 and first listed in March 2025 for $6.5 million, a 7,714 gross square-foot Snell Isle estate, at 1401 Brightwaters Boulevard NE, St. Petersburg, sold April 21 for $4.46 million.
The two-story waterfront home sits on a 0.42-acre corner lot and features four bedrooms, five full bathrooms and one half-bath.
The 3,407-square-foot main level is accessed through an open foyer that leads to a living room with 12-foot ceilings, exposed wood beams and sliding glass doors. The chef’s kitchen is equipped with dual islands, quartz countertops, Wolf and Sub-Zero appliances and two walk-in pantries. A primary suite offers a sitting area, automated shades, dual walk-in closets and a spa-inspired bath with a soaking tub and floating vanities. Also on this level is a formal dining room, a breakfast area, office, laundry room and half-bath.
Upstairs is 1,748 square feet of living space, including an open great room with outdoor terraces and three guestrooms with ensuite baths.
Outdoors is a saltwater pool and spa, a cabana, kitchen, a composite dock with a 10k-pound boat lift, a new seawall and 125 feet of canal waterfront.
Additional features include Brazilian hardwood floors throughout the home, a tankless water heater, a water purification system, elevator, a 24k-watt generator and a 1,054-square-foot, four-car garage.
The seller, custom builders JR Structures, LLC, purchased the property in 2021 for $1.29 million. Jennifer Zales with Coldwell Banker Realty was the listing agent and Christine Mastrilli with Compass Florida, LLC represented the buyer.
801 Pasadena Avenue S., St. Petersburg. Photo: LoopNet.com.
Former Jay’s Fabric Center property sells
The sale of property formerly owned and occupied by Jay’s Fabric Center, at 801 and 835 Pasadena Avenue S., St. Petersburg, closed April 15 for a purchase price of $2.55 million.
A fixture on the corner of Park Street and Pasadena Avenue for decades, Jay’s Fabric Center closed March 30, 2024.
801 Pasadena Avenue S. is a 9,973-square-foot single store built in 1952 and situated on 0.48 acres. It was purchased by Arthur Jay in 1983 for $170,000. 835 Pasadena Avenue S., is a 10,150-square-foot warehouse built in 1986 and situated on 0.47 acres of land. Jay purchased the property in 1976 for an unknown amount.
The buyer, Henley Car Wash, a car wash investment platform and the parent company of AquaSonic Car Wash, secured a mortgage with Climate First Bank for $7.3 million.
The acquisition expands on Henley’s presence in the Tampa Bay market, with a location in New Port Richey about to celebrate one year of operations, and a location in Tampa set to open soon. DeAngelis Diamond, a national construction management firm based in Naples, is expected to begin working on the Pasadena Avenue property within the next few months. Completion is targeted for the end of 2026.
520-523 72nd Avenue, St. Pete Beach. Photo: LoopNet.com.
St. Pete Beach multifamily and hotel property lists
Park Shore Boutique and Park Shore Suites, a three-building, 19-unit hospitality asset at 520-523 72nd Avenue, St. Pete Beach, has listed for sale with an asking price of $4.88 million.
Park Shore Boutique is a 5,920 gross square-foot two-story structure built in 1966 with 12 unfurnished long-term rental residences. Park Shore Suites comprises two one-story structures built in 1947 and 1983 with seven fully furnished short-term rentals across 4,068 square feet. All of the units have been fully remodeled and each has its own electric meter.
Situated on a 0.44-acre parcel, the property also features a resort-style pool, laundry facilities, a pet play area and private courtyards.
The seller, Titan Global Group, Inc., a property management company based in Lancaster, California, purchased the property under the registered name Park Shore Investments, LLC in 2012 for $610,000.
Zach Steinberger with Compass Commercial is the principal agent.
Real estate agents: Please forward all news for Places This Week to Amy Kagan at amy@stpetecatalyst.com. Thanks!
