Places This Week: Clearwater cantina, beachfront resort sell

A weekly roundup of local real estate deals.

Sea Dog Cantina restaurant space sells 

A 10,400-square-foot Clearwater restaurant has been scooped up in a $3.15 million deal. 

The owners of the Sea Dog Cantina, a Mexican-inspired brewpub chain, sold the space at 26200 U.S. Highway 19 to FLG17 LLC, an entity connected to Pinellas resident Thomas Matter. 

The building was listed with an asking price of $3.9 million, or $375 per square foot. 

The restaurant owners closed the space last August; however, they continue to cater food and beverages to private events and operate a food truck. 

The building, constructed in 1982, has a 400-seating capacity with 5,696 square feet of covered and uncovered patio space.

The kitchen portion of the facility offers cold and dry storage. There are individual rooms within the seating area previously used to host private parties and special events.

Beach resort sells 

The Norvind Beach Resort on Treasure Island has sold. 

The Norvind Condominium Association entity sold the 21-key timeshare at 12700 Gulf Blvd. to E3 RE Holding 17 LLC in a $6.5 million deal. 

The Norvind Beach Resort on Treasure Island. GoogleMaps.

The rooms in the 12,531-square-foot resort feature oceanfront views. The property has a private beach, a swimming pool and a spa. 

The five-story building was constructed in 1983. 

The buyer assumed a $6.7 million loan from Waterfall Bank for the purchase. 

Waterfront home lists for just under $11 million 

A speculative waterfront home on Indian Rocks Beach is on the market for $10.995 million. 

The five-bedroom home, at 34 Gulf Blvd., was built this year on a 0.31-acre lot.

The home at 34 Gulf Blvd. in Indian Rocks Beach. Realtor.com.

The 5,825-square-foot estate has floor-to-ceiling windows to capture the panoramic beach views. 

The home has an indoor elevator and a six-car garage.

The gated property also includes a private dock on the Intercoastal, and a large outdoor entertainment space with a pool and a spa, according to the listing. 

The home is listed by Richard Hehl and Derrick Silvers of the Coastal Properties Group. 

ARK Innovation Center construction nears finish line 

The ARK Innovation Center, a new co-working and incubator space currently under construction at the southwest corner of 4th Street South and 11th Avenue in St. Petersburg, will debut before the end of this year.

The signage for the 45,000-square-foot facility was recently installed and created by local custom sign company SignJive. 

The ARK Innovation Center’s new signage. LinkedIn image.

Pinellas County was previously awarded a Federal Economic Development Administration (EDA) grant to construct the $16 million-plus business incubator, which will be managed by the Tampa Bay Innovation Center through its not-for-profit corporation, STAR-TEC.

ARK Research will be located in the anchor tenant space, and the ARK Foundation will have an office on the third floor with TBIC, according to Ken Evans, the managing director at TBIC.