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Places This Week: On the beach and the Intracoastal
A weekly roundup of notable local real estate news.
A two-home property that stretches across two parcels of land, from the shores of the Intracoastal Waterway to the Gulf of Mexico, has listed for sale with an asking price of $6.7 million. Located at 20051 and 20052 Gulf Blvd., Indian Shores, the homes were custom-built in 1985 and 1987, respectively, and together offer 250 feet of waterfrontage. Gulf Boulevard intersects the properties.
The three-story larger home sits on a 0.29-acre lot on the Gulf side. It comprises a total of 4,861 gross square feet with 1,773 on the base level, 874 upstairs and a 954 square-foot garage on the lower level. Open porch space adds another 1,260 square feet. The main level features an open living and kitchen area with high wood and wood-beam ceilings and expansive Gulf views. There are three ensuite bedrooms, with the master suite all by itself on the third level.
Situated on a 0.11-acre lot, the three-story, 2,334 gross square-foot guest home is nestled between mangroves on the bay side and features a private dock and boat lift. It provides three bedrooms and two baths with the primary suite occupying the entire third floor.
The seller purchased the property at 20052 Gulf Blvd. in 1983 for $280,000 and 20051 Gulf Blvd. in 1993 for $171,000. The listing is provided by Andy Burwell with Burwell Real Estate.
Prometheus Maritime Properties LLC purchases Salt Creek property
Following a $10 million purchase in April of more than 2.5 acres of vacant land and shipyard space along Salt Creek, just south of downtown St. Petersburg, Prometheus Maritime Properties LLC closed July 25 on an adjacent parcel of land at 101 16th Avenue S., St. Petersburg for $12.5 million. The company is based in Clearwater.
The 3.49-acre plot of land in the Salt Creek Bayboro subdivision includes a two-story warehouse space built in 1973. The 22,870 gross square-foot structure provides a 21,260 square-foot lower level and a 1,610 square-foot upper story.
Current tenants include Elite Marine Specialist, Hold Fast Rigging and Lippincott Marine Canvas. The seller, Catalina Investments LLC, with offices in Westlake Village, California, purchased the property in 1999 for $1.775 million.
St. Petersburg industrial property lists for under $1 million
An IT (Industrial Traditional) zoned property located at 1915 13th Avenue N., St. Petersburg has listed for $985,000. The 0.25-acre parcel of land is paved and fenced, allowing an ample amount of outdoor space for vehicles, equipment, building materials or storage.
On the property is a one-story, 5,088 gross square-foot structure built in 1940. The 2.940 square feet of heated office space was recently updated with reclaimed hardwood floors and built-in finishes throughout. It features four private office suites, a reception area, two conference rooms, a break area and room for storage. An additional 1,500 square-feet of warehouse space is equipped with three roll-up doors – two at grade level.
The sellers, Roy and Rhonda Whitehead, managers of 1915 13th Avenue LLC, purchased the property in 2021 for $490,000. The listing is provided by Dee Maret and Kris Dumke with Bridgewater Commercial Real Estate.
Medical Center owner selling property
Suncoast Internal Medicine Consultants PA is selling its property at 13644 Walsingham Road, Largo, along with an adjacent vacant lot, for $4.5 million. Together, the two plots of land total 4.54 acres.
Situated on the front 2.27-acre property are two move-in ready buildings that can be utilized as medical or office space, with multiple working areas, exam rooms and bathrooms.
Building 1 is a one-story structure built in 1980 with 6,924 heated square feet. Building 2 is a two-story structure fully completed in 1988 with 4,853 heated square feet on the lower level and 4,472 upstairs. An elevator provides access between the two floors.
The 2.27-acre vacant rear parcel allows the opportunity for a buyer to further develop the two parcels.
The owner purchased the property in 2013 for $2.71 million. The listing is provided by Paul Cross with eXp Commercial.
Tarpon Springs Tudor home sells
A 3,592 square-foot Tudor-style home located at 665 Lora Lane, Tarpon Springs, sold July 27 for $1.1 million. The two-story 4-bedroom, 3.5 bath residence was built in 2005.
Beyond the arched French door entrance is a spacious living room with a wood-burning fireplace and a half guest bathroom. The chef’s kitchen features stainless-steel appliances, a dual oven, a new glass cooktop, granite countertops and an island and breakfast bar. The primary suite is on the main level and provides a large walk-in closet with a custom sliding barn door. The ensuite bath offers dual copper sinks, granite countertops, a jacuzzi garden tub and a separate shower.
Highlights include a new roof installed in 2024, a brick-paved driveway that leads under the house to a two-car garage facing the rear of the property, fresh landscaping with a new sprinkler system, a game room wired with surround sound and built-in Bose speakers and a 1.16-acre lot.
The seller had last purchased the property in 2009 for $410,000. The listing was provided by Katrina Madewell and Madalynne Madewell with LPT Realty. The buyer was represented by Mackson Acordi with Dalton Wade Inc.
Largo Bank of America property up for sale
A mixed-use property, located at 2600 East Bay Drive, Largo, has listed for sale with an asking price of $1.8 million. The two-story structure was built in 1975 and is situated on a 1.76-acre of land.
A Bank of America service center has been the anchor tenant since 2008, occupying 8,213 square feet on the first floor. The financial institution exercised its option to renew early and signed a NNN lease which will terminate in September 2029. Beyond that, they have been offered 15 five-year options to renew.
Upstairs is 6,611 square-foot of office space, currently configured as five office suites and a storage area. It has its own lobby, tenant directory and a private elevator. Tenants are a mix of financial services and medical users, all on gross leases with below-market rents.
The property was last purchased by Dadlani NC Realty LLC in 2014 for 1.25 million. The listing is provided by Ross Langford and Hunter Knobloch with Lee & Associates Eastern Pennsylvania.
Real estate agents: Please forward all news for Places This Week to Amy Kagan at amy@stpetecatalyst.com. Thanks!