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Places This Week: Mad Hatters Tea Bar up for sale
A weekly roundup of notable local real estate news.
Mad Hatters Ethnobotanical Tea Bar, located at 4685 28th Street N., St. Petersburg, has listed for sale. The asking price is $800,000.
Judah and Levi Love purchased the property, then biker bar MacDaddy’s Liquor Lounge, in 2012 for $153,000. They first turned it into Broken Tusk, touting it as St. Pete’s newest gay bar. Two years later they wanted to try something different. Broken Tusk closed in April 2014 and Mad Hatters debuted one month later.
The bar serves exotic teas, like kava, kratom and herbal loose leaves, along with nitro coffee, cold brew and boba milk teas. It also offers a hookah lounge, pool and ping pong tables, board games and food trucks.
The one-story, free-standing concrete block structure was built in 1978. It covers 2,376 heated square feet plus an additional 1,000 square feet of porch and canopy space. Ten parking spots are available onsite.
The .28-acre lot is zoned C-3 which allows for retail stores, restaurants, offices and other uses. The property is located on one of the highest points in Pinellas County and did not sustain any damage from last season’s storms.
The existing furniture, fixtures and equipment may be purchased for an additional cost.
The sellers are represented by Nickolas Woodard with The Torch Team.
$10 million Largo estate and equestrian barn for sale
A 1.31-acre waterfront estate with a Mediterranean-style two-story residence and a custom-built horse barn has listed for sale with an asking price of $10.88 million.
Located at 10930 Spring Street, Largo, the property provides five bedrooms, six full baths and one half-bath across 7,059 square feet of living space.
Through a gated entry, a driveway paved with Tennessee fieldstone leads to custom double entry doors. Inside are a living and dining area with floor-to-ceiling windows; a private office; a chef’s kitchen equipped with granite countertops, a center island with prep sink and a custom built-in Miele refrigerator and freezer; a family room with coffered ceilings, a fireplace and sliding glass doors; and a home theater with a stage and stadium seating.
The primary suite is flooded with natural light and features wood beams; a custom walk-in closet with a center island; and a bath with a jetted tub, a double walk-in shower with three shower heads, a dressing table, dual vanities and a hidden passageway to the home office.
Outside is a two-level heated pool and spa, an outdoor kitchen and fireplace, and a dock with a 10,000-pound lift with direct access to the Intracoastal Waterway.
Also on the property is a barn with rubber paver flooring, stalls with cushion mats and a loft with a full kitchen and bath.
The seller, represented by Martha Thorn with Coldwell Banker Realty, purchased the property in 2009 for $415,000 followed by renovations, additions and improvements valued over $1.5 million.
341 14th Avenue N.E., St. Petersburg. Photo: Homes.com.
Old Northeast Key West-inspired home sells
Property at 341 14th Avenue, N.E., in the Old Northeast neighborhood of St. Petersburg, sold July 7 for $1.750 million, $19,000 below the asking price.
Situated on the 0.14-acre parcel is a Key West-inspired, two-story, 2,126 gross square-foot home and a detached, two-level, 1,252 gross square-foot garage with an upstairs apartment.
The main residence, built in 1926 and remodeled in 2016, provides three bedrooms, two full baths and one half-bath. Downstairs are nine-foot ceilings, exposed rafters and refinished pine floors. The living room has a wood-burning fireplace and natural light throughout. The kitchen features a gas cooktop, shaker wood cabinets, marble countertops, a ceramic farmhouse sink and a breakfast nook.
On the upper level is a guest bedroom, an office and the primary suite with cathedral wood ceilings, a walk-in closet and an ensuite bath with a marble shower and a separate water closet with bidet.
The garage, built in 2012, offers parking for two vehicles. The upstairs apartment, with hardwood floors, cathedral ceilings, a kitchenette and a west-facing balcony, has its own private entrance.
Outside is a landscaped yard, a travertine deck and a refinished saltwater pool.
The home was last purchased in 2024 for $1.775 million.
Kym Coyle with Charles Rutenberg Realty, Inc. represented the seller. The buyer’s agent was Matt Erickson with Engel & Völkers St. Pete.
500-510 64th Street S., St. Petersburg. Photo: Crexi.com.
Pinellas Trail development site lists
With 150 feet of frontage on the Pinellas Trail, a townhome development site at 500-510 64th Street S., St. Petersburg has entered the market for $1.2 million. The sale includes 0.37 acres across two contiguous parcels.
The property is zoned CCT-1 which allows residential development up to three stories. The zoning supports up to 24 units per acre, or 32 units per acre if offering workforce or housing incentives.
The site is close to public transportation and within an established residential neighborhood.
The seller, under the registered name Off the Beaten Track, LLC, purchased the two parcels in 2005 for $400,000.
The listing is provided by Justine Fite and Jon Wittner with Keller Williams Commercial.
350 Corey Avenue, St. Pete Beach. Photo: LoopNet.com.
Corey Avenue investment opportunity
A 3,880 heated square-foot one-story building at 350 Corey Avenue, St. Pete Beach has listed for sale for $1.377 million.
Built in 1940, the property is occupied by two established businesses, a law office and a boutique clothing and accessories shop.
The building has been fully remodeled, including a new impact front door in 2022, new HVAC and hurricane-impact windows in 2023 and a new roof in 2024.
The 0.21-acre corner lot provides 10 parking spaces and signage. It is located two blocks from the planned Corey Landing mixed-use development and luxury condos.
The seller, Corey Properties I, LLC, purchased the property in 2006 for $723,000. The listing is courtesy of Ethel Buns with Compass.
1142 Sunset Point Road, Clearwater. Photo: Colliers.
Clearwater multifamily sells
The sale of Sunset Cove, a garden-style four-building multifamily property at 1142 Sunset Point Road, Clearwater, closed July 1 for a consideration of $6.3 million.
The four structures, each built in 1973, provide 33 units across 26,826 gross square feet. Structure 1, with 14 units, is a two-story building with 4,533 square feet of living space on each floor and 2,224 square feet of porch space. Structure 2 is a two-story building with 10 units, 3,537 square feet on each floor and 1,048 square feet of open porch. Structure 3 is a two-story building with 8 units, 2,631 square feet on each level and 808 square feet of open porch. Structure 4 is a one-story building with a 627 square-foot living unit, a 144 square-foot office and 528 square feet of utility space.
Sixty-percent of the units are two-bedroom floorplans. Amenities include a pool, on-site laundry and an outdoor grill area.
The 1.29-acre property is located steps from the Pinellas Trail and a quick bike ride or drive to downtown Dunedin.
The seller, under the registered name Sunset Point Road, LLC, purchased the property in 2022 for $5.05 million. The buyer, PJN Investment Group, LLC, is a Massachusetts limited liability company.
The listing is courtesy of Colliers.
Real estate agents: Please forward all news for Places This Week to Amy Kagan at am*@************st.com. Thanks!
