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Places This Week: Historic Uptown multi-family property lists
A weekly roundup of notable local real estate news.
A four-unit multi-family property at 626 Highland Street N., in the Historic Uptown neighborhood of St. Petersburg, has listed for sale for $989,000.
Built in 1925, the one-building, two-story property sits on a 2,026 square-foot lot. Inside are four studio apartments across 1,735 heated square feet. They feature open floor plans with wood grain laminate flooring, kitchens with full-sized appliances and one full bath. The open porch on the ground level provides an additional 168 square feet. Currently, tenants pay for their own electricity and the owner is responsible for all other utilities. The property is steps away from restaurants and shopping.
The listing is provided by Michele Garnier-Gregoire with Better Homes and Gardens Real Estate
655 2nd Avenue S., St. Petersburg. Photo: LoopNet.com.
Rococo Steak property lists
Property leased to Rococo Steak, at 655 2nd Avenue S. in downtown St. Petersburg, has listed for sale with an unknown asking price.
The two-story structure, plus an attic, was built in 1924 and totals 12,575 heated square feet along with a 2,446 square-foot outdoor seating area. It sits on a .78-acre parcel with 340 feet of frontage on 2nd Avenue S. and 100 feet on 7th Street S and offers 45 parking spaces.
The 7,433 square-foot main level restaurant features a climate-controlled wine room, which houses the 3,500 bottles offered on its 650-label wine list and is available for private events. Additional event spaces are located on the 4,302 square-foot second story.
The property has been well-maintained, including renovations and improvements in 2018 valued at approximately $600,000. Rococo is currently in its second of three five-year lease options. The property is zoned DC-1, allowing for future redevelopment opportunities.
The seller, under the registered name 2nd Avene South LLC, purchased the property from the YWCA of Tampa Bay Foundation, Inc. in 2012 for $552,600. The listing is provided by John Barkett with Barkett Realty.
https://www.loopnet.com/Listing/655-2nd-Ave-S-Saint-Petersburg-FL/35082511/
238 31st Avenue N., St. Petersburg. Photo: Realtor.com.
Bungalow for sale steps from Coffeepot Bayou
A one-story, 1,224 square-foot bungalow home with three bedrooms, one full bath and one half-bath, has listed for sale for $875,000. Located at 238 31st Avenue N., St. Petersburg, the property was built in 1953 and sits on a 0.13-acre of land just steps away from Coffee Pot Park and Bayou.
Inside is a combination living and dining area, a laundry/utility space and a primary bedroom with vaulted ceilings and direct access to a fenced-in backyard. Outdoors is a two-car garage, a saltwater pool, a covered patio and deck, lush landscaping and a tiki bar.
Additional amenities include brand-new Roll-a-Guard hurricane panels and fully paid-for solar panels.
The seller, represented by Natalia Hayhurst with Compass, purchased the home in February 2024 for $820,000.
8381 Seminole Blvd., Seminole. Photo: Crexi.com.
Four Pinellas Monticciolo Dentistry properties for sale-leaseback
Monticciolo Family Holdings LLC, the registered owner of Monticciolo Family & Sedation Dentistry properties, is offering a portfolio of 12 locations for sale-leaseback across the Tampa Bay area, four of which are located in Pinellas County. Each property is also listed and priced individually and conditioned upon the seller signing a 10-year NNN lease at closing. All of the leases include four five-year options to renew with a rental increase of 1.5% annually throughout the initial and option periods. The tenant is responsible for all tax, insurance, roof, parking and repairs. The owner/landlord has zero responsibilities.
4850 1st Avenue N., St. Petersburg is a one-story structure with 3,212 gross square-feet. Situated on a 0.33-acre parcel of land, it was built in 1974 and renovated in 2016. The asking price is $2.093 million. The seller purchased the property in 2015 for $385,000.
8381 Seminole Blvd., Seminole is a two-building property with a total of 8,514 square feet. Structure 1, built in 1981, has two stories with 3,810 square feet on the main level and 1,204 square feet upstairs. Structure 2 is a one-story property built in 1985 with 3,500 square feet. The two buildings are situated on a 1.03-acre of land. The asking price is $3.89 million. The seller purchased the property in 2016 for $1.14 million.
1370 Main St., Dunedin is a one-story structure built in 1998 and renovated in 2021. It provides 4,960 square feet and sits on a 1.20-acre plot of land. The asking price is $2.837 million. It was purchased by the seller in 2021 for $985,000.
40668 US Highway 19 N., Tarpon Springs is a 3,150 gross square-foot, one story structure. It was built in 1995 and is situated on a 0.51-acre of land. The seller purchased the property in 2017 for $935,000 and added renovations and improvements valued at over $340,000. The asking price is $2.178 million.
The 12-property portfolio, including the four Pinellas locations and another eight in Hernando, Hillsborough, Manatee and Pasco counties, are available for a bundle purchase price of $31.786 million. The listings are provided by Shujan Valiani and Salim Valiani with Marcus & Millichap.
719 21st Avenue N., St. Petersburg. Photo: Homes.com.
Crescent Lake home sells after one day on the market
A four-bedroom, three-bath home at 719 21st Avenue N., St. Petersburg closed March 10 for $1.825 million following one day on the market in early February with a list price of $1.85 million.
The two-story property was built in 1925 and is situated on a 0.18-acre lot in the Crescent Lake neighborhood. It provides 2,717 square feet of living space across a 1,884 square-foot main level and a 618 square-foot upper story.
The entrance to the home, beyond a gated front courtyard, leads to an expansive living room with 11-foot ceilings, an abundance of natural light and a gas fireplace; a kitchen that connects to a formal dining room; a temperature-controlled wine cellar; a sitting room/extra bedroom; and a full bath. Also on this level is the primary suite with a remodeled ensuite bath offering an oversized walk-in shower, dual vanities and a spacious closet. Upstairs are two additional bedrooms and one full bath.
Outdoors is a heated saltwater pool surrounded by lush landscaping, a built-in kitchen with a wood-fired pizza oven and an insulated two-car garage with a lift for a third vehicle. Additional amenities include hurricane-impact windows and doors, solar panels, electric vehicle charging stations and a whole-house gas generator.
The seller purchased the home in 2021 for $890,000 and added approximately $500,000 worth of renovations and improvements prior to the sale.
The listing was provided by Sharon Kanter and Brian Waechter with Smith & Associates Real Estate. Kanter also represented the buyer.
2168 Druid Rd, Clearwater. Photo: LoopNet.com.
The Sands at Clearwater changes ownership
The deed for the sale of The Sands at Clearwater, a 240-unit apartment complex located at 2168 Druid Rd., Clearwater, was recorded with the Pinellas County Clerk’s office on March 7. The new owner, Greystar Equity Partners XI, with offices in Charleston, South Carolina, purchased the property for $64.5 million.
The four structures, comprising a total of 264,733 heated square feet, were built in 2014. Structures 1, 2 and 3 are each three-story buildings with 48, 72 and 120 units, respectively. Structure 4 is a one-story clubhouse with 4,345 heated square feet.
The complex offers one-, two- and three-bedroom apartments, each with nine-foot ceilings, hardwood-style flooring, oversized windows, gourmet kitchens with stainless steel appliances and lake views. Amenities include a saltwater pool, 24-hour fitness center, lakeside dog park, outdoor grilling areas, detached garages and a billiards room.
The seller, Starwood Property Trust, purchased the property under the registered name SREIT Sands Clearwater, L.L.C. in 2022 for $66.9 million.
Real estate agents: Please forward all news for Places This Week to Amy Kagan at amy@stpetecatalyst.com. Thanks!
