Penthouse in the Towers at Channelside sells for second-highest price per square foot ever (Photos)

A 27th floor penthouse in the Towers at Channelside has sold for almost $500 per square foot — the second-highest price per square foot ever recorded in the building. Paul DeSantis, of Premier Sotheby’s International Realty’s Tampa office, listed the penthouse for sale. There was an offer on the condo, which sold for $1.68 million or $484.50 per square foot, in 34 days. DeSantis has represented four of the six highest price-per-square-foot sales in the Towers at Channelside, and has participated…Original Article

Real estate baron buys ONE St. Pete penthouse for second highest price ever paid for a St. Pete condo (Photos)

A penthouse on the 41st floor of ONE St. Petersburg has sold for $4.15 million — the second highest price ever paid for a condo in the city's history. M. Patrick Carroll, founder and CEO of the Carroll Organization, closed on the condo in late October, according to Pinellas County property records. The Carroll Organization is an Atlanta-based real estate firm, though Carroll also owns a home in Tampa. The sellers, Amy and Jeffrey Towers, paid $3.1 million for the penthouse in March, according…Original Article

Castor taps USF exec to lead Tampa’s economic development efforts, unveils plan to streamline development services

She will have a focus on connecting the dots between the city's hotbeds of growth.Original Article

Home prices in these two Tampa Bay cities are expected to skyrocket, report says

Clearwater and St. Petersburg are among markets where home prices are expected to skyrocket in the next decade, according to a recent report by GoBankingRates. The report looked at the top 300 biggest cities in the U.S. and evaluated each market based on Zillow’s one-year forecast to project their growth in home prices over the next 10 years. From there, they identified the cities where the change would bring the market’s median home value above the national median, which currently sits at…Original Article

Home prices in these two Tampa Bay cities are expected to skyrocket, report says

Clearwater and St. Petersburg are among markets where home prices are expected to skyrocket in the next decade, according to a recent report by GoBankingRates. The report looked at the top 300 biggest cities in the U.S. and evaluated each market based on Zillow’s one-year forecast to project their growth in home prices over the next 10 years. From there, they identified the cities where the change would bring the market’s median home value above the national median, which currently sits at…Original Article

These Pinellas County ZIP codes had the most home sales in Q3 2019

Tampa Bay Business Journal obtained data from the Greater Tampa Realtors that broke down the Pinellas County ZIP codes with the most home sales and highest dollar volume for Q3. The top three ZIP codes with the most home sales belonged to St. Petersburg, all with over 150 homes sales for the quarter. The data also tracked the year over year change among the ZIP codes. St. Petersburg also had the largest year over year sales growth with 26.6 percent more home sales Q3 this year. St. Petersburg…Original Article

Lightning’s Kucherov buys waterfront home in South Tampa

Tampa Bay Lightning right winger Nikita Kucherov has purchased a waterfront home in South Tampa — a property that's a potential teardown for redevelopment. Kucherov paid $2.95 million for a 1960s-built home in Sunset Park Isles on a finger of land that juts into Old Tampa Bay, in a deal that closed in late October, according to Hillsborough County property records. The sellers were Joseph A. and Kelly Varner. In 2017, Kucherov bought the home of another household name in Tampa Bay professional…Original Article

Lightning’s Kucherov buys waterfront home in South Tampa

Tampa Bay Lightning right winger Nikita Kucherov has purchased a waterfront home in South Tampa — a property that's a potential teardown for redevelopment. Kucherov paid $2.95 million for a 1960s-built home in Sunset Park Isles on a finger of land that juts into Old Tampa Bay, in a deal that closed in late October, according to Hillsborough County property records. The sellers were Joseph A. and Kelly Varner. In 2017, Kucherov bought the home of another household name in Tampa Bay professional…Original Article

Lightning’s Kucherov buys waterfront home in South Tampa

Tampa Bay Lightning right winger Nikita Kucherov has purchased a waterfront home in South Tampa — a property that's a potential teardown for redevelopment. Kucherov paid $2.95 million for a 1960s-built home in Sunset Park Isles on a finger of land that juts into Old Tampa Bay, in a deal that closed in late October, according to Hillsborough County property records. The sellers were Joseph A. and Kelly Varner. In 2017, Kucherov bought the home of another household name in Tampa Bay professional…Original Article

How Tampa compares to the cities most at risk of a housing downturn

The online real estate brokerage Redfin recently published a report that looks at nationwide housing data to predict which cities are most at risk of a housing downturn brought on by a recession. Redfin analyzed seven factors in the 50 largest metro areas in the U.S. to come up with an overall risk score for each metro area. For each factor, the higher the score, the higher the risk. Some factors considered were Median home sale price-to-household income ratio Average loan-to-value ratio of…Original Article