Downtown St. Pete penthouse sells for $6.5M

A penthouse on the 41st floor of ONE St. Petersburg has sold for $6.5 million. The seller was a corporate entity linked to Tampa-based Third Lake Partners. The deal closed on Jan. 17, according to Pinellas County property records. ONE St. Petersburg, at 100 First Ave N. in the heart of downtown, has 253 units. The sales price breaks down to $1,625 per square foot, which is near the very top of the market for luxury condos in Tampa Bay. The approximately 4,000-square-foot condo was designed by…Original Article

Renting a house is more affordable than buying one in these Tampa Bay areas

A new report finds that owning a home in Tampa Bay is more expensive than renting.Original Article

Podcast: JWB Real Estate Capital co-founder on the outlook for real estate investors

The Business Journals recently spoke with Gregg Cohen, the co-founder of JWB Real Estate Capital, to get a sense of the North Florida real estate market.Original Article

Waterfront property hits the market at $22M

A waterfront estate on Siesta Key has entered the market for $22 million. The residence is on the island's north end at 3799 Flamingo Road. The 8,000-square-foot property spans 1.4 acres on the Intracoastal Waterway and has over 700 feet of water frontage on the bay. The property is marketed by Joel Schemmel of Premier Sotheby’s International Realty’s downtown Sarasota office. The home, completed in 2017, features four bedrooms, four baths, two partial baths, custom walk-in closets and a gourmet…Original Article

Banking executives predict tough year as mortgage applications dry up

New numbers show mortgage applications for home purchases continue to drop nationwide. But some big banks are calling the current situation an opportunity to grow market share.Original Article

21-story tower proposed near Mirror Lake in downtown St. Pete

The tower could bring nearly 11,000 square feet of commercial space and 200 residential units to downtown.Original Article

Clearwater apartments sell to Los Angeles investment firm

TruAmerica Multifamily acquired a 36-acre property for $69.4 million.Original Article

Home prices dropped in Tampa Bay toward the end of 2022

The median sale price for these three Tampa Bay metros started to decline near the end of last year.Original Article

Beyond the List: Tampa Bay’s highest priced homes

See which Tampa Bay homes made this year's highest-priced homes list.Original Article

Largo apartments sell in $76 million deal

An Ohio-based real estate investment firm added the Largo community to its growing Tampa Bay portfolio.Original Article