Places This Week: Woody’s Waterfront up for sale

A weekly roundup of notable local real estate news.

Roxene Riles and Marlo George, owners of Woody’s Waterfront, are selling the restaurant at 7308 Sunset Way, along with two adjacent vacant lots, for $4.45 million. A staple on St. Pete Beach for the past 35 years, the decision to sell the property was made following devastating damage from Hurricane Helene last year.

The 2,394 gross square-foot structure was built in 1945. It is situated on a 0.09-acre parcel of land. Two vacant lots on either side of the restaurant, one with .024 acres and the other with .15 acres, are included in the sale.

Located in a CG-2 (Commercial General) zoning district, the property can accommodate a variety of commercial uses, including retail establishments, restaurant or bar, professional offices, personal services such as a salon or fitness center, entertainment venue or lodging.

The site has been rendered unusable and the property is being sold as-is. The owners’ parents purchased the three parcels in 1989 for $526,100. The listing is provided by Brad Kuskin with the GoCommercial Group at Compass.

1855 Bayou Grande Boulevard NE., St. Petersburg. Photo: Homes.com.

Shore Acres home with dual docks lists for sale

A four-bedroom, six-bath waterfront home located at 1855 Bayou Grande Boulevard NE, in the Shore Acres neighborhood of St. Petersburg, has listed for sale with an asking price of $3.49 million.

The three-story, 12,297 gross square-foot residence was built in 2008 and sits on a 0.37-acre double lot. It offers 110 feet of waterfrontage and panoramic views of Tampa Bay and Weedon Island Preserve.

The 5,884 square feet of living space across the top two floors provides formal living and dining rooms, an eat-in kitchen, office, library, breakfast nook and luxury bar room. Other features include Italian travertine floors, newly refinished walnut hardwood floors, custom cabinetry, a tankless water heater, six separate HV/AC zones and over 3,000 square feet of open balconies. A 3,164 square-foot, seven-car garage with new polyurea floors sits on the lower level. An elevator offers access to all three floors.

Outdoors is an in-ground saltwater pool, two fireplaces, a kitchen and dual docks with pilings and 12,000- and 10,000-pound lifts.

The owner and listing agent, Katie Engelman with Dalton Wade Inc., purchased the property in 2010 for $1.425 million.

500 Douglas Ave., Dunedin. Photo: Facebook.

 Dunedin bar owner purchases former military museum next door

Janet Baustert, under the registered name Baustert Properties III, Inc., closed Feb. 5 on the purchase of property formerly owned and occupied by the National Armed Services & Law Enforcement Memorial Museum at 500 Douglas Ave., Dunedin. The museum is no longer in operation. Baustert is the owner of Bauser’s, a live music and karaoke bar located next door. The price was $1.35 million.

The museum, which opened in 1999, was an all-volunteer, not-for-profit corporation that helped to honor men and women who have served in the armed forces, as well as federal, state and local law enforcement personnel and first responders. It housed hundreds of arms, artifacts and other memorabilia dating from the Revolutionary War to the present.

Six structures, built between 1926 and 1971, range in size from 900 to 9,000 square feet. They are situated on a 0.67-acre parcel of land.

Armed Services Memorial Museum, Inc. purchased the property in 1998 for $295,000.

624 Pinta Dr., Tierra Verde. Photo: Realtor.com.

Tierra Verde home sells for 29% below asking price

Following a year on the market, a two-story waterfront Tierra Verde home sold Feb. 12 for $3.2 million, 29% below the original asking price of $4.5 million. The 7,413 gross square foot property is situated on a .45-acre cul-de-sac at 624 Pinta Dr. Built in 1985, it features 5,657 square feet of living space with five bedrooms, five ensuite baths and one half-bath.

Highlights include a gourmet kitchen with professional-grade appliances, a billiards room, den, gym and a three-car garage. Outdoors is a pool and spa, 112 feet of waterfrontage, a dock with two boat lifts, an extra side lot and lush landscaping.

The home was last purchased in 2017 for $1.663 million. The listing was provided by Libby Salamone with Compass Florida LLC. Team Wheaton with Coastal Properties Group represented the buyer.

1335 Dr. Martin Luther King Jr. Street N., St. Petersburg. Photo: LoopNet.com.

Six-unit property for sale near Crescent Lake

A three-story property built in 1910 and transformed into six separate living units has entered the market for $1.335 million. Located at 1335 Dr. Martin Luther King Jr. Street N., it provides 3,802 gross square feet on a 0.15-acre lot, just steps away from Crescent Lake Park.

The four one-bedroom/one-bath and two studio apartments across 2,531 heated square feet have recently been renovated and offered as short-term rentals, allowing one- to two-month stays. The studio on the top floor, with views of downtown St. Petersburg’s skyline, can easily be converted into a one-bedroom/one-bath unit.  There is also a separately metered, 672 square-foot detached garage that offers potential additional income.

The property is elevated 40 feet above sea level, sustained no interior damage from recent hurricanes and is zoned CRT-1, allowing both residential or commercial use. A new roof was installed in 2021.

The seller, 361 Investments LLC, purchased the property in 2019 for $450,000. The listing is provided by Tyler Carpenter with Carpenter Realty Croup.

9200 Seminole Blvd., Seminole. Photo: LoopNet.com.

Former AAA building sells

An office building located at 9200 Seminole Blvd., Seminole sold Feb. 5 for $2.7 million, $300,000 below the list price and identical to what the seller paid in 2023 when purchasing the property from former owner and occupant American Automobile Association.

The two-story structure was built in 1982 and features 15,200 heated square feet. Situated on a 1.94-acre parcel of land, the property provides parking for 106 vehicles and ample space for operations or future expansions.

The listing was provided by Matt Shaw with Berkshire Hathaway Florida Properties Group.

Real estate agents: Please forward all news for Places This Week to Amy Kagan at amy@stpetecatalyst.com. Thanks!