A waterfront home connected to actor John Travolta may have a new owner. A well-known developer who works with Caddy’s Restaurant Group acquires two properties along the John’s Pass boardwalk. A Treasure Island motel gains a new owner. A local restaurant executive sells his St. Pete condo.
Here’s this week’s roundup of local real estate deals.
Clearwater home tied to John Travolta
A Clearwater home tied to Hollywood actor and Scientologist John Travolta may have a new owner.
The waterfront home at 1012 Osceola Ave. N., in the Old Clearwater Bay neighborhood, is pending a sale, according to Realtor.com and Zillow.
The home is listed for $4.65 million.
The home is roughly a mile from Scientology’s international spiritual headquarters in downtown Clearwater. The home is also next door to two properties owned by fellow Scientologist and actor Kirstie Alley, according to public records.
According to tabloid reports, Travolta may be exiting the Church of Scientology.
The property last changed hands in 2017 for $3 million. The 2017 transaction was made through the Hawker Investment Trust, which is a trust with Travolta’s sister Ellen Bannon as the lead trustee.
The gated estate has five bedrooms and five-and-a-half bathrooms. It features a two-story family room, French oak flooring throughout, quartz encased baths and Swedish slat flooring.
The listing agent is Rafal Wazio of Coldwell Banker Realty.
Developer partners with Caddy’s for a restaurant on John’s Pass boardwalk
William Karns Enterprises Inc., headed by Bill Karns, who works with the Caddy’s Restaurant Group, has purchased two restaurants along the John’s Pass boardwalk.
Karns purchased the shuttered Sculley’s Waterfront Restaurant, located along the boardwalk in the historic fishing village of John’s Pass, and The Hut Bar & Grill from Dag Bros Inc. in a $5 million deal.
“It was closed by the previous owner due to the pandemic. The plan is to renovate Sculley’s and continue to operate the Hut,” Karns told the St. Pete Catalyst. As part of the deal, Karns owns six boat slips fronting the restaurant.
Karns is a prominent Treasure Island developer who is behind the Madeira Beach Town Center.
Karns also bought a retail building across the street from Clearwater-based TJM Properties in a $10 million deal. It encompasses 15 lots.
Sea Jay Motel sells
Frank Hotels Treasure Island LLC purchased the Sea Jay Motel in Treasure Island from Jermapol Inc. in a $3 million deal.
The roughly 7,600-square-foot motel at 11240 1st St. E. was built in 1958.
The motel is two stories and has 19 units.
The property occupies three lots, almost half an acre of land across from the Treasure Island beach, according to Loopnet. It also has two boat slips and a boat lift.
This property was last sold for $915,000 in 2002.
Exec at Cali Restaurants sells condo
COO of the Cali Restaurants group John DeNapoli has sold his St.Pete condo for $1.7 million, according to public records.
The corner unit sold, unit 806, is on the eighth floor of the Bayfront Tower Condominium.
It’s a 2,160-square-foot unit with three bedrooms and three bathrooms.
The unit is described as having floor-to-ceiling windows, an open living/family room and an updated kitchen and baths.
The condo does have a dedicated garage for tenants.