Downtown St. Pete apartments sold for $84.5M
A downtown St. Petersburg apartment development has been sold for $84.5 million. Alabama-based B&M Management paid $259,202 per apartment for Beacon 430, which is at 430 Third Ave. South, in a deal that closed Thursday. Beacon is a four-story building, wrapped around a five-story parking garage. The amenity package includes a pool, 3,000-square-foot fitness center, […]
Two major transactions in two days as Ritz-Carlton condo, coastal compound sell in Sarasota (PHOTOS)
Two major residential real estate transactions in Sarasota have closed in the last two days. The home at 8306 Sanderling Road on Siesta Key sold for $6.25 million on Tuesday. On Monday, unit No. 1101 in The Beach Residences at the Ritz-Carlton sold for $4 million. One agent from Sarasota brokerage Michael Saunders & Co. […]
What people earn is expanding most rapidly in America’s heartland
Paychecks are expanding more rapidly in the nation’s heartland than anywhere else in America. Five major markets enjoyed income growth of at least 2.5 percent per year between 2009 and 2014 — and four are located in a narrow belt from Arkansas and Oklahoma to Texas. Atop the list is the Fayetteville, Arkansas metropolitan area, […]
23-story apartment tower in downtown Tampa moves forward (New renderings)
An Atlanta developer is moving forward with plans for a 23-story apartment tower on downtown Tampa’s Grant block. Carter closed on the three parcels at 910, 911 and 915 N. Franklin St. on Sept. 9, paying $6.4 million for the one-acre site, according to a Hillsborough County deed filed Friday. The sellers were father-daughter duo […]
Waterfront mansion in Westshore Yacht Club hits the market (PHOTOS)
A recent listing in Westshore Yacht Club shows how far Tampa Bay’s luxury housing market has come in the last five years. The 6,681-square-foot waterfront home at 6021 Beacon Shores St. hit the market last week, listed at $3.3 million. Jennifer Zales, an agent with Coldwell Banker Residential Real Estate, has the listing. The sellers […]
Grand Central site near Oxford Exchange ‘destined’ for multifamily development, owner says
Harvey Parido and his family thought Altman Development Corp.’s proposal for Grand Central was exactly what the neighborhood needs. Parido’s wife, Cecille Stoeltzing Parido, owns the land where Altman had proposed a building with 296 apartments, 5,000 square feet of retail space and 622 parking spaces. Tampa City Council struck down the rezoning request that […]