Know
Places This Week: Snell Isle sale ties the record for 2025
A weekly roundup of notable local real estate news.
Listed in March for $9.65 million, an 8,593 gross square-foot residence at 1695 Brightwaters Blvd. NE, in the Snell Isle neighborhood of St. Petersburg, sold Aug. 20 for $8.8 million. The sale tied the record for the highest priced home purchase in the Snell Isle community so far in 2025.
“The milestone proves that with the right positioning, extraordinary homes can still push the market higher. Achieving a record price per square foot validates the caliber of design with location and the resilience of St. Pete’s luxury market,” said listing agent Leslie Minder in a prepared statement.
Built in 2022, the two-story, five-bedroom, eight-bath home offers 5,867 square feet of living space on a 0.55-acre waterfront lot.
Inside is an open layout with natural light flowing through the living and dining areas, and a chef’s kitchen with high-end appliances, expansive counter space and an oversized island. There are two primary suites – one on the first floor and the other upstairs – along with three additional ensuite bedrooms and three half-baths.
Attached is a 1,248 square-foot, three-car garage with a lift for a fourth vehicle. Outdoors is a loggia and kitchen, a pool and spa, a dock equipped with two boat lifts, an air-conditioned tackle room and 147 feet of open-bay waterfrontage.
The seller, a South Dakota limited liability company, purchased the property in 2017 for $2.8 million before demolishing the prior structure and building the new home.
The property was listed by Minder and Mary Beth Byrd, both with Smith & Associates Real Estate The One Team. The buyer was represented by Edwards Todd with Redfin Corporation.
Two-parcel St. Petersburg retail property sells in off-market transaction
The off-market sale of a two-parcel, multi-tenant strip center at 730-750 and 785 4th Street N., St. Petersburg, closed July 31 for $7.25 million.
730-750 4th Street N. is a one-story property built in 2005 with 7,448 square feet and situated on a three-quarter acre plot of land. It is divided into four units ranging in size from 1,280 to 3,050 square feet. Tenants include The UPS Store, Jimmy John’s, Foxtail Coffee and Chipotle Mexican Grill.
785 4th Street N. is a single-story, freestanding structure built in 2005. It provides 3,440 square feet on a 0.31 acre of land. Verizon is the sole tenant.
Patrick Nutt and William Wamble with SRS Real Estate Partners’ Tampa office represented the sellers, Kinbridge Capital, LLC and Soho Hospitality Management Group. They purchased the property in 2015 for $4.11 million.
Curbline Properties, a publicly traded real estate company based in Beachwood, Ohio, was the purchaser. It also owns and manages the Shops at Bay Pines and hundreds of other properties throughout Florida and the country.
As Wamble explained in a prepared statement, “This was an off-market transaction where our SRS team identified an ideal, repeat institutional buyer. This property offered an opportunity to acquire a strong-performing asset with a favorable tenant lineup in a growing and affluent trade area.”
455 Pinellas Bayway S., Tierra Verde. Photo: Homes.com.
New Tierra Verde waterfront residences list
Four residences housed in a brand-new, five-story condominium complex at 455 Pinellas Bayway S., Tierra Verde have listed for sale.
Completed in 2024, the waterfront building sits on 0.07 acres of land. Units range in price from $2.6 million to $2.75 million, or all four can be purchased for $10.675 million.
The homes feature 3,126 square feet of living space across an entire floor and all provide four bedrooms, three full bathrooms, and one half-bath.
On each level, a private elevator opens to an entry foyer and an expansive great room that flows between the living and dining areas. The chef’s kitchen is equipped with quartz countertops, an oversized island with a prep sink, a hidden walk-in pantry and an extended breakfast bar.
The primary suite offers a custom walk-in closet, a bath with a free-standing soaking tub and a multi-head rainfall shower and a waterfront sitting area. A second bedroom also features an ensuite bath with premium tilework and a glass shower. The third and fourth bedrooms are connected by a Jack-and-Jill bathroom.
Interior highlights include wide-plank driftwood-style flooring, soft-close shaker cabinetry and a laundry room with quartz counters and a farmhouse sink.
A two-car private garage is included with each unit and a boat dock is available for purchase.
Community amenities include a heated pool, hot tub, a carriage house with a fitness center and social lounge and 75 feet of waterfrontage.
The sellers, Quiet Cove Lenders LLC, based in St. Petersburg, and Bayonne Holdings, L.L.C., a Wyoming limited liability company, purchased the property in March 2025 for $6.548 million.
The listing is courtesy of Jenn Spinelli with Serhant.
695 Central Avenue, St. Petersburg. Photo provided.
Central Avenue Melting Pot investment property for sale
A newly constructed retail/mixed-use building at 695 Central Avenue, St. Petersburg has hit the market with an asking price of $11.396 million.
The two-story, 17,760 gross square-foot property, completed in 2024, is situated on a 0.20-acre lot on the corner of Central Avenue and 7th Street N. Inside are three units, all leased, and ranging in size from 2,574 to 8,000 square feet.
The three tenants recently signed new NNN leases with two, five-year options to renew and 10% rent increases every five years through the original term and the option periods that follow.
The Melting Pot, a chain of franchised fondue restaurants founded in Maitland, Florida and headquartered in Tampa, opened at this location in April.
Southern Grounds Coffee, with five locations in Jacksonville, opened its first west-Florida coffee shop and restaurant earlier this week.
IMAGE Studios, a franchise of luxury salon suites with 119 locations across the country, opened in July.
The downtown property is located a block from a new Publix Supermarket, and a population of over 100,000 live or work within a three-mile radius.
Paradise Ventures, a development, management and construction company based in St. Petersburg, purchased the property in 2019 for $3.4 million. The listing is courtesy of Ari Ravi and Nathan Timmons with RIPCO Real Estate.
1135 Tuskawilla Drive, Clearwater. Photo: LoopNet.com.
Clearwater’s Oasis Village Apartments enter the market
Oasis Village Apartments, a 76-unit apartment complex located at 1135 Tuskawilla Drive, Clearwater, has listed for $13 million.
The garden-style concrete structures were built between 1957 and 1960 and encompass 53,034 square feet of living space.
The complex offers spacious floorplans, including nine three-bedroom/one-bath units, 40 two-bedroom/one-bath units, 19 one-bedroom/one-bath units and eight studio apartments.
Split A/C units have been installed in multiple residences and approximately 20% have been renovated.
Amenities include an on-site pool, front patios on many of the units, and off-street parking. An extensive area of vacant land can be transformed into a recreation/exercise area, a playground, additional parking or additional living units.
The property was purchased under the registered name Oasis TIC 1, Oasis TIC 2 and Oasis TIC 3 in 2022 for $4.73 million.
The seller is represented by Martin Goldstein and Russell Goldstein with The Goldstein Group.
1370 Main Street, Dunedin. Photo: LoopNet.com.
Dunedin Monticciolo property sells again
Following the purchase in mid-July of four Pinellas County properties previously owned and leased back to Monticciolo Family & Sedation Dentistry, a New York-based real estate investment company, under the registered name SP Mon Dental Investor LLC, returned to the market and closed on the sale of the Dunedin location Aug. 20 for $2.772 million.
1370 Main Street is a freestanding, one-story structure built in 1998 and renovated in 2021. It provides 4,960 square feet of interior space.
The 1.20-acre plot of land provides a pylon sign, 39 parking spaces and 250 feet of frontage on Main Street.
The St. Petersburg and Tarpon Springs locations were put back on the market in July, soon after their purchase, and are still listed for sale.
The purchaser, Ezzi Signs, is a premiere sign company based in Houston, Texas.
Real estate agents: Please forward all news for Places This Week to Amy Kagan at am*@************st.com. Thanks!
