A Miami real estate firm acquires space in the Icon Central building. A Mediterranean mansion on Clearwater Beach sells. A firm buys a warehouse next to Big Storm Brewing Co. A St. Pete mobile home park has a new owner. The largest residential waterfront parcel in Indian Rocks Beach is scooped up.
Here’s this week’s roundup of local real estate deals:
Miami real estate firm takes space in St. Pete’s Arts District
Miami-based real estate investment firm Tricera Capital has acquired ground-floor space in the Icon Central building, 855 Central Ave., near the Edge District.
A 368-unit apartment building with street-level retail, the Icon Central building is owned by the Related Group.
The space was purchased in a nearly $11.1 million deal, according to Pinellas County records.
Tricera obtained $9.9 million to finance the purchase from Mcreif Subreit LLC, which is tied to Scott Wadler and Alec Fox of Berkadia, according to county records.
Tricera owns more than a dozen downtown St. Pete properties and likely acquired the space due to its rooted presence in St. Pete.
The Icon Central building has a total of 38,000 square feet of retail space.
BurgerFi is one of the tenants in the building.
Mediterranean mansion on Clearwater Beach sells
Don Karnes, the former CEO at Tennessee-based American Residential Services, sold his Clearwater Beach home in a $4.5 million deal.
The Mediterranean-styled home at 856 Eldorado Ave. sits on Clearwater Beach and offers panoramic views of the water.
The 4,676-square-foot home was built in 1996 has five bedrooms and six bathrooms.
Inside, it features custom wine storage cabinets, a Sub Zero wine refrigerator, and a game room with a large custom bar.
It also offers a heated saltwater swimming pool and an outdoor kitchen.
Mobile home neighborhood in St. Pete is acquired by New Jersey entity
A New Jersey-based real estate firm has acquired the Sunshine Mobile Home Park in St. Pete in a $25.6 million deal.
Lewis Enterprises Inc. sold the park on 46th Ave. N. to LGC Sun, which is tied to New Jersey-based firm PGIM Real Estate.
The buying entity also took out a roughly $17.16 million mortgage.
Clearwater warehouse by Big Storm Brewing Co. is sold
Miami-based private equity firm Collektion Capital acquired a roughly 20,000-square-foot warehouse in Clearwater for $2.62 million.
The warehouse is located at 12745 49th St. N., next to the Big Storm Brewing Co., Grainger and O’Reilly’s Auto Parts.
The current tenants in the building are a florist and bail bonds company.
Stay tuned for more details on this purchase.
Largest Intracoastal waterfront home parcel in Indian Shores sells
The largest waterfront home parcel in Indian Shores has a new owner.
Warren and Trina Higginbotham sold their bright pink home at 19801 Gulf Blvd. in a $2.4 million deal.
The 3,168-square-foot home is on a half-an-acre lot and is bounded by the east and south Intracoastal.
It was built in 2005 and features six bedrooms, three full bathrooms, a four-car garage, a heated pool, a spa and a dock.
The home has direct beach access across the street.