Sandalwood Beach Resort in North Redington Beach to be redeveloped into six-story condo-hotel
/The Sandalwood Beach Resort in North Redington Beach will be redeveloped into a six-story “condo-hotel” with larger waterfront rooms and amenities open to the public.
Earlier this year, Nored Beach Development, led by local real estate developer and hotelier Bill Karns in partnership with Century 21 broker Jeffery Beggins, purchased the resort at 17100 Gulf Boulevard for $6 million. The seller is a partner in the new development.
“The Sandalwood was built in 1959 and was rundown. The foundation sank seven inches during last year’s hurricanes. The previous owners spent a lot of time and money to raise the structure and redo the guest rooms,” said Karns, noting the impacts of Hurricane Helene and Milton on the property. “Because of damage from the storms, the cost of renovating the existing structure doesn’t make sense.”
The three-story resort, closed since the hurricane, has 47 fully furnished units, a pool, and private beach access. Karns said the new plan calls for demolishing the building and replacing it with the same number units, although they will be larger units designed so each has a view of the beach.
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More than six years after the Wagon Wheel Flea Market closed its doors, plans are taking shape to redevelop the sprawling property that was once home to one of Pinellas County's most popular weekend shopping destinations.
Pinellas Park-based Belleair Development Group is under contract to purchase approximately 156 acres at 7801 Park Boulevard North, where the Wagon Wheel and Mustang flea markets operated for more than five decades before closing in 2020.
Christian Yepes, owner of Belleair Development Group alongside his father, Carlos Yepes, confirmed the company is exploring options for a mixed-use development that could bring residential and commercial uses to the largely vacant property.
“We are extremely grateful for the opportunity to develop such a landmark in Pinellas County. We are currently in the midst of due diligence and are exploring mixed-use development options at the site,” Yepes said in a conversation with St. Pete Rising.
The property is currently owned by the family of Hardy Huntley, who founded the Wagon Wheel Flea Market with his wife, Janet, in the 1960s.