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Places This Week: St. Pete penthouse, apartments sell

Veronica Brezina

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Parkshore Plaza at 300 Beach Drive, St. Petersburg. All images: GoogleMaps.

A weekly roundup of local real estate deals. 

 

Penthouse sale breaks record 

A luxury penthouse at 300 Beach Drive has sold in a $6.525 million deal. 

The deal represents the highest price-per-square-foot home sale in the Parkshore Plaza, according to Remax Metro listing agent Alona Dishy. 

The nearly 5,000-square-foot unit on the 28th floor has 1,000 square feet of terraces and features high ceilings, a fireplace and a soundproof theater. 

The kitchen was also completely remodeled with custom cabinetry, porcelain floors and a wine cooler. 

The main suite in the three-bedroom home offers a private terrace and bar area.

The transaction includes four car-assigned parking spaces and an electric charger.

The penthouse, built in 2006, was previously listed for $7.2 million. It last sold in 2017 for $3.495 million. 

 

Restaurant site goes under new ownership

The Osaka Japanese and Thai Restaurant of Madeira Beach has sold three parcels, including the property at 13800 Park Blvd., which is where the restaurant currently operates. 

The multi-tenant building at 13800 Park Blvd., Seminole. 

Local investment group TKP Holdings purchased the parcels in a $1.725 million deal. 

The 9,967-square-foot, multi-tenant brick building houses a professional painting contracting business and real estate offices. 

TKP Holdings took out a $2.32 million mortgage loan from Centennial Bank for the purchase. 

 

Pinellas Park Apartments sell

The residential community adjacent to the Sawgrass Apartments, located on the corner of 78th and 76th Avenue North in Pinellas Park, has a new owner. 

Nineteen60 Capital LLC sold the complex to HP Capital Group in a $2.15 million deal. 

The apartments. 

St. Petersburg-based HP Capital Group took out a roughly $1.5 million mortgage loan from Waterfall Bank for the purchase. 

HP Capital Group is the same development group behind Reflection, a luxury 18-story condominium tower underway at Mirror Lake. 

 

Building with Walgreens sells

Los Angeles-based Corporate Partners Capital Group has sold its retail building in Dunedin that currently functions as a Walgreens storefront. 

Warner Industrial LLC purchased the 15,740-square-foot building at 2598 Bayshore Blvd. in a $6.847 million deal. 

The buying LLC is connected to Elyas Balta, the CEO of California-based Euroline Steel Windows and Doors. 

 

Bank of America sells shuttered site 

Bank of America has sold its Largo financial center. 

An entity connected to Dr. Ali Raza, a diagnostic radiology specialist in Largo, purchased the building at 10900 Seminole Blvd. in a $1.7 million deal. 

Bank of America’s former financial center in Largo. 

The 11,878-square-foot financial institution building was constructed in 1981. According to multiple sites, the location is permanently closed. 

The buyer took out a $1.44 million loan from Republic Bank and Trust Company for the purchase. 

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