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Places This Week: Retail strips, BayCare medical center sell

Veronica Brezina



Shopping plaza at 4022 Tampa Road, Oldsmar. All images: GoogleMaps.

A weekly roundup of local real estate deals. 


Oldsmar retail center sells

Retail buildings in a 38,480-square-foot shopping center with a mix of restaurants and shops have traded hands. 

Sanrod 2 Investments LLC sold the parcels at 4022 Tampa Road in Oldsmar in a $9.43 million deal to CSIM Park Avenue Owner LLC. 

The Buffalo Wild Wings-anchored plaza at 4022 Tampa Road, Oldsmar.

The tenants in the two buildings include Beachwood Seafood Kitchen and Bar, Edie’s Styling Center, Ride On indoor cycling center, Buffalo Wild Wings and Pacific Thai Cuisine. 

The plaza fronts a Hilton Garden Inn Hotel. 

The buyer took out a $6.5 million loan from CIBC Bank USA for the purchase. 


Property leased by BayCare sells 

A Clearwater medical center leased by BayCare Medical Group Inc. is under new ownership. 

Mavworks II LLC sold the building at 616 E. St. in a $2.595 million deal to WOB Holdings.

616 E. St., Clearwater.

SCA Health and West Coast Endoscopy and Ambulatory Surgery Center are also tenants in the 11,713-square-foot building. 

SCA Health/West Coast Endoscopy has operated at the location for over 23 years, according to a Loopnet listing. 

The building was constructed in 1984 and renovated in 2020. It includes 70 surface parking spaces. 

The buyer took out a $1.56 million loan from First Citizens Bank and Trust Company for the purchase. 


Developer reaches construction milestone for Castille Urbana project

The NJR Companies have completed the podium of the future Castille Urbana condominium development in St. Petersburg. 

A rendering of Domus Urbana. The Castille Urbana building will be nearly identical. Image: NJR Companies.

The five-story, 40-unit Castille Urbana building is under construction at 600 3rd Ave. S. 

“This area has seen other developers announcing construction delays. We’re proud to have finished the podium and are preparing for vertical construction ahead of our planned schedule,” Neil Rauenhorst, President and CEO of NJR Companies, said in a prepared statement. 

The luxury condos are priced in the $600,000s.  

The units will have two and three-bedroom floorplans ranging from 1,158 to 1,650 square feet. The amenities include a community room, a fitness center and a dog park. Residents can also have a designated electric car charging station.


Largo retail strip sells 

A multi-building retail property in Largo has sold in a $3.2 million deal. 

Walsingham Village LLC sold the 18,780-square-foot strip at 14219 Walsingham Road to Peach Plaza LLC. 

The Walsingham Village retail strip in Largo. 

The tenants include Havana Harry’s Market, Localz Sports Bar and Grill, Hungry Howie’s Pizza and Unleashed Pet Spa.  

The buyer assumed a $2.6 million loan from the seller. 


Clearwater office building sells 

APD Gulf to Bay LLC sold a Clearwater office building in a roughly $2.156 million deal. 

The 4,034-square-foot building at 1724 Gulf to Bay Blvd. is home to the Papa and Gipe PA law firm. 

The buying entity, MWA Clearwater LLC, is connected to Maha Alul. 

Alul is a general manager at Legends Terrace Apartments in St. Louis, Missouri. 


More details surface on Clearwater condo project

Clearwater-based developer Valor Capital has unveiled more details for its next planned condo tower. 

During a grand opening celebration of the luxury Serena by the Sea condominium building, it was revealed that Valor Capital had plans of developing another project in Clearwater that entails constructing two 35-story towers. 

A rendering of two 35-story towers Valor Capital is proposing to build in Clearwater. Image provided.

Valor Capital has since shared that the new luxury waterfront towers will be 470 feet high, making them the tallest buildings in the city.

The towers would be built at a 2.5-acre site, which currently serves as the parking lot at The Oaks on Bay Avenue. 

The group proposes to build 223 units, which exceeds the current limit by 38 units. Valor Capital is therefore seeking city approval for the additional units. 

The project is estimated to generate over $10 million in annual property taxes. 

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