Places This Week: Wright-inspired estate lists; Mallah buys retail

A weekly roundup of local real estate deals.

Skilled nursing centers go under new ownership 

A New York-based firm serving the senior health care market has purchased two skilled nursing centers in Pinellas County, totaling over $24 million for the acquisition. 

The buying entity, linked to Kinship Health, purchased the Living Center of St. Petersburg, also known as the Consulate Health Care of St. Petersburg, at 9393 Park Blvd. in Seminole for roughly $12.28 million. It also purchased the Consulate Health Care at 1410 Dr. MLK Jr. St. N. in Safety Harbor for over $12.5 million. 

The Consulate Health Care of St. Petersburg, at 9393 Park Blvd., Seminole. GoogleMaps.

The Seminole facility has 120 units while the Safety Harbor center has 64 units, according to the property appraiser’s website. 

The two facilities were previously owned by Maryland-based Omega Healthcare Investors Inc., which as of 2022, had a portfolio consists of hundreds of skilled nursing centers and senior housing facilities with gross investments totaling approximately $9.8 billion. 

Ben Mallah buys Central Florida retail center 

Local investor and business mogul Ben Mallah has purchased more property, and this time it’s retail. 

Through the Ben Mallah Equity Mangement Largo entity, he purchased the Griffin Farm retail center from Chuck Whittall’s Unicorp firm for $46 million.

Griffin Farm at Midtown in Lake Mary. Facebook image.

The center in Lake Mary, near Orlando, was once was a farm that has been transformed into 150,000 square feet of retail space, 263 apartments and 138 homes.

The purchase of the retail component was made through several transactions. 

Frank Lloyd-inspired estate lists 

A custom-built home designed by a student of Frank Lloyd Wright in the Snell Isle community is on the market. 

The home at 10 Brightwaters Circle NE is on an island within the community, joined by 10 other residences. 

The mid-century modern estate has an asking price of $7.8 million. 

The estate at 10 Brightwaters Circle NE, St. Petersburg. Realtor.com.

The four-bedroom home was built in 1964 and was designed by Sanford M. Goldman, who studied under Wright, according to the listing. 

Inside, the first level of the 4,213-square-foot home features imported Jerusalem stone floors and stacked stone walls. The living room boasts a glass partition wall that has panoramic views of the pool and bay as the property sits on nearly 200 feet of open water frontage.

Kevin Chadwick, who operates several area Keller Williams real estate franchises and is the owner of the Floridian Social Club, owns the home, according to property records. 

Jason Maniecki and Ryan Ademy of Keller Williams are the listing agents. 

The estate last sold for over $1 million in 2010. 

Artistry’s next phase 

The original plan for the residential Artistry at Park Station project involved the redevelopment of 26 lots in Pinellas Park bordered by 75th Avenue North. 

The 26 lots were replated into 30 small lots for single-family homes. The development team is now adding three lots, according to an application filed in the Southwest Florida Water Management District. 

A rendering of Artistry at Park Station. Facebook image.

The additional lots will bump up the number of homes from 30 to 34 residences. The community will also feature a small park. 

St. Petersburg-based Namaste Homes is leading the project and is working with Clearwater-based Kar and Kar Architects Inc. 

Artistry at Park Station site plan. Southwest Florida Water Management District documents.