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Places This Week: C. Perry Snell’s ‘Jewel Box’ home for sale
The Catalyst’s weekly roundup of notable Pinellas County real estate news.
Known locally as the “Jewel Box,” a one-story two bedroom/two bath home built in 1934 by C. Perry Snell, at 721 Snell Isle Boulevard NE, St. Petersburg, has listed for sale with an asking price of $1.05 million.
Snell, a pharmacist originally from Bowling Green, Kentucky, spent his honeymoon with his first wife in St. Petersburg in 1899 and moved to the area five years later. He went into business with three local men to invest and develop property and opened the Snell Isle subdivision in 1925 followed by the construction of the Snell Arcade between 1926 and 1928.
The 1,698-square-foot home was restored by Caporella Group of Florida, including rewiring original Swarovski crystal chandeliers, crafted in Italy in the 1920s, and refinishing inlaid cherry hardwood floors and hand-painted vaulted ceilings.
Modern upgrades include a new kitchen with soft-close wood cabinetry, granite countertops and New England brass fixtures; remodeled bathrooms with Moen fixtures and TOTO commodes; new electrical, plumbing and HVAC systems; a new tankless water heater; and an updated irrigation system.
A 216-square-foot one-car garage and a 72-square-foot utility area are attached to the home. In the backyard is an inground pool, a turf and travertine checkerboard patio and mature landscaping. In the front sits the original Snell Isle statue.
The 0.15-acre plot of land is a short stroll to Coffee Pot Bayou and downtown St. Petersburg.
The seller, represented by Erin Edwards with Engel & Völkers Belleair, purchased the property in 2020 for $825,000.
490 Laguna Drive, Tierra Verde. Photo: Homes.com.
New Tierra Verde home sells for $9 million
Following its completion over a year ago, a newly constructed property at 490 Laguna Drive, Tierra Verde sold Oct. 28 for $9 million, $2.8 million below the original price listed by the home builder in Sept. 2024.
The three-story, five-bedroom, seven-bath waterfront residence comprises 5,744 heated square feet across the two upper floors and 2,382 square feet of garage space on the lower level.
Inside is an open floor plan featuring a living area with 12-foot-high ceilings, oversized windows and wall-to-wall sliding glass doors; a formal dining area with windows on three sides; a kitchen with custom cabinetry, Wolf and Sub-Zero appliances and freestanding islands for meal preparation and seating; a laundry room with counters and cabinets; a home office space; and an indoor/outdoor family room with a wet bar.
The primary suite provides separate laundry facilities and a spacious bathroom with dual vanities and double walk-in showers.
Outside is a heated saltwater pool and spa, a kitchen, a covered dining area, putting green and a fire table. The backyard is bordered by a new 194-foot seawall and a deepwater private dock is equipped with three slips, a 150-amp power supply and a 40,000-pound boat and jet ski lift.
The builder and seller, JP Structures, LLC, purchased the property in 2022 for $2.4 million. The company was represented by Paul Simon with Coastal Properties Group International. The buyer was represented by Meltem Birey with 1 Palm Realty.
301 Seacrest Drive, Largo. Photo: LoopNet.com.
Largo apartment community changes hands
The sale of Central Park at East Bay, a 111-unit apartment complex located at 301 Seacrest Dr., Largo, closed Oct. 23 for $14 million.
The six structures on the property were built in 1973 and renovated in 2018. Situated on 7.29 acres of land, they comprise over 110,000 heated square feet.
Five of the six buildings are two-stories and hold between eight and 48 residences, including 36 one-bedroom/one-bath 850-square-foot units and 75 two bedroom, one-and-a-half bath 1,100-square-foot units. The sixth building is a one-story, 1,254-square-foot clubhouse. Community amenities include an inground pool, pet play area, playground and picnic area.
The seller, SNS Multi Family Managements LLC, based in Jacksonville, purchased the property under the registered name Cornerstone Point LP in 2019 for $13.4 million.
The buyer, Whitestone Capital, is a real estate investment and asset management company based in Clearwater. It also acquired a 136-unit multifamily property in St. Petersburg in 2024 and a 232-unit complex in Largo in 2021. The company secured the 301 Seacrest Dr. purchase with an $11.64 million mortgage with Walker & Dunlop, LLC.
The listing was provided by Franklin Street Commercial Real Estate.
50 153rd Avenue, Madeira Beach. Photo: LoopNet.com.
Three-parcel Madeira Beach property for sale
A multi-parcel portfolio on Madeira Beach, currently owned and occupied by Engaging Heaven Church, Inc., has listed for $4.7 million. The parcels, located at 50 153rd Avenue and 15350 1st Street E., together total approximately seven acres.
50 153rd Avenue is a 0.34-acre parcel of land with a 6,234 gross square-foot church structure built in 1973. 15350 1st Street E is a two-parcel property, one measuring 0.24 acres with a 3,624 gross square-foot structure built in 1960 and the other, a 0.11-acre plot of land with a 1,628-square-foot structure, also built in 1960.
All three parcels are situated one block from the shoreline and provide an opportunity for a high-rise or other redevelopment project.
Engaging Heaven Church purchased the 50 153rd Avenue property in 2022 for $1 million and the 15350 1st Street E. parcels in 2023 for $1.3 million.
205 4th Avenue N., St. Petersburg. Photo: Crexi.com.
Downtown St. Petersburg residential or commercial property lists
A two-story craftsman-style home with 3,026 square feet of living space and a 190-square-foot front porch, at 205 4th Avenue N., St. Petersburg, has listed for an unknown price. Also situated on the 0.11-acre plot of land is a 483-square-foot outbuilding with an attached 200-square-foot carport.
Most recently used as a group home, zoning allows for retaining and renovating the property as a single-family residence or transforming it into an office, retail establishment, medical facility or restaurant.
The property is surrounded by luxury condominium towers and mid-rise apartment complexes. It is located two blocks west from Beach Drive and walking distance to Jannus Landing and the St. Pete Pier.
The seller purchased the property in 2016 for $402,000. The listing is provided by Jon Reno La Budde with AXXOS Commercial Real Estate.
12450 Automobile Blvd., Clearwater. Photo: LoopNet.com.
Clearwater industrial building for sale
A 36,361 heated square-foot industrial warehouse located at 12450 Automobile Blvd., Clearwater has listed for an undisclosed amount. The property had formerly been occupied by Direct Mail Systems, Inc.
The two-story structure was built in 1982 and is situated on a 1.9-acre parcel of land. It comprises 28,839 square feet of warehouse and 4,511 square-feet of office space on the ground floor, and a 3,011-square-foot work area upstairs.
The 25’ x 49’ column spacing in the warehouse portion of the property allows for a variety of industrial uses, and the building’s 18’ to 24’ clear height provides ample room for racking or storage.
Highlights include multiple dock and grade-level access points and three 14’ high x 12’ wide and three 10’ high x 10’ wide grade level doors – providing a property that is well-equipped for warehousing or light manufacturing.
The seller, under the registered name Storage TPA, LLC, purchased the property in 2021 for $3.3 million. The listing is provided by Trey Dyer with ACRE Commercial.
Real estate agents: Please forward all news for Places This Week to Amy Kagan at amy@stpetecatalyst.com. Thanks!
