An Atlanta developer picks up land in the Skyway Marina District. The Uptown Kenwood townhome project expands. A Clearwater home sale sets a record. A rare geodesic dome home in Crystal Beach has a new owner.
Here’s this week’s roundup of local real estate transactions.
An entity associated with The Davis Group in suburban Atlanta bought 1.5 acres in the Skyway Marina District for $2.5 million on May 20. The property, at 4017 34th St. S. in St. Petersburg, includes a 3,368-square-foot building that’s been home to an insurance agency. It’s adjacent to The Addison At Skyway Marina, a 314-unit luxury rental apartment complex that’s currently under construction. The Davis Group is a commercial real estate developer that works with its sister company, Alpharetta Construction, to develop, construct and manage upscale commercial developments. The company did not respond to requests for comment on its plans for the property.
Uptown Kenwood, a townhome development at 1110 25th St. N. in St. Petersburg, is adding 40 new homes. The Davis Companies, a Boston-based real estate investment, management and development firm, is launching phase 3 and phase 4 of the project. Townhomes are expected to be priced starting in the high $300s. Construction is underway and sales will start in mid-June, said Brian Scott Sprague, a Realtor working on the project. Earlier phases of the project include a completed dog park and resort-style pool.
“Uptown Kenwood is within close proximity to downtown St. Pete, Grand Central District, The Edge District and so much more,” Sprauge said. “The best part, Uptown Kenwood has amenities that most townhome communities don’t have and the townhomes are at a great price point.”
A custom-built waterfront home in Clearwater sold for $6.999 million May 20. It’s the highest-priced home sale in Clearwater this year, according to a news release from Smith & Associates Real Estate. The three-story, 8,548-square-foot home at 837 Harbor Island has five bedroom, seven baths and a home gym, among other features. It was listed and sold by Sophia Vasilaros, a Realtor at Smith & Associates.
“Many people are looking to relocate to the beaches in our area and create their own waterfront retreat. This property is a rare find in Clearwater Beach that offered the space my buyer was looking for and a prime beach location,” Vasilaros said.
Neither the buyer nor the seller were identified.
Kristin Hallamek, a Realtor with Engel & Völkers Belleair, sold a rare geodesic dome home in Crystal Beach. Dome homes, often referred to as “bubble houses,” are known to be energy efficient and able to withstand extreme temperatures, while the shape helps deflect hurricane-force winds.
The home, at 1074 Point Seaside in Crystal Beach, was built in 1988 by Oregon Dome and has three bedrooms, two bathrooms and an 8+ car garage. It had been on the market since 2018 before Hallamek sold the home for $1.062 million in April.
Here are some other commercial real estate deals that were recorded in Pinellas County in the past several days.
• 6400 Investment Properties, a company headed by Dr. David Landers and Sherri Landers, bought the property at 6400 4th St. N. on May 19 for $3.569 million. The site is home to Partridge Animal Hospital, which is owned by David Landers, a veterinarian. He did not respond to requests for comment about the purchase.
• Buyers associated with The Serpa Network, a Dunkin’ Donuts franchisee in the Tampa Bay area, bought three Dunkin’ Donut shops from ABL Properties and Lot 0 North Dale Mabry on May 11. The sites at 1100 Tyrone Blvd. in St. Petersburg and at 8650 49th St. N. in Pinellas Park each sold for $1.8 million. Another shop at 8595 Seminole Blvd. in an unincorporated part of the county sold for $1.3 million. The sellers are limited liability companies whose members include Bruce Lucas, former chairman and CEO of Heritage Insurance; Mark Berset, CEO at Comegys Insurance Agency; and Pete Apostolu, broker at Century 21 ListSmart.
• Fourteen Foods, an Eden Prairie, Minnesota company that owns and operates 200+ DQ restaurants, bought the free-standing restaurant property at 351 Missouri Ave. in Largo on May 14 for $1.1 million. The seller was Frontier Development, a national real estate and investment firm in Miami. The site has housed an A&W and Long John Silvers. Calls to Fourteen Foods to find out more about the company’s plans for the property were not returned.
• The former Crown Volvo dealership at 13525 U.S. Highway 19 North in Largo sold for $3.25 million on May 21. The buyer was PRC Clearwater, a company associated with several real estate professionals in Washington, D.C.