Done Deals is a weekly column by St. Pete Rising spotlighting recent real estate market insight and significant deals happening in the Sunshine City and beyond. The following information is sourced from public records and trusted intel.
Have real estate news to share? Send us an email at hello@stpeterising.com.
Read MoreDone Deals is a weekly column by St. Pete Rising spotlighting recent real estate market insight and significant deals happening in the Sunshine City and beyond. The following information is sourced from public records and trusted intel.
Have real estate news to share? Send us an email at hello@stpeterising.com.
Read MoreA 13-story building featuring 60 apartments and 60 short-term rentals is slated for the 10,000-square-foot property at 1663 1st Avenue South in downtown St. Pete.
The St. Petersburg City Council, meeting as the Community Redevelopment Agency (CRA), unanimously approved the plans on Thursday, finding it consistent with the Intown West Redevelopment Plan (IWRP).
The plan will go before the Development Review Commission on December 4th.
The property is currently developed with a commercial building that was previously the home of Sunshine Kitty Catfe, Tampa Bay’s first cat café which debuted in 2019, and the Dolman Law Group, which has an office in Clearwater.
Read MoreAfter St. Pete Rising announced earlier this week that a prime redevelopment site on Mirror Lake was under contract, the developer behind Florida’s tallest residential tower revealed themselves to be the undisclosed buyer.
New York-based Red Apple Group is reportedly set to purchase the property for $13.2 million by the end of the year.
“As Mr. Catsimatidis alluded to recently, we are under contract to acquire this exciting piece of land near beautiful Mirror Lake in the heart of the Sunshine City’s downtown,” Kevin King, director of Florida operations for Red Apple, said in a statement to St. Pete Rising.
Read More930 Central Flats, a luxury six-story 218-unit apartment community in Downtown St. Pete’s EDGE District, has a new owner.
Texas-based residential real estate management group Olympus Property, which owns multiple apartment complexes across Florida, has acquired the upscale apartment complex at 930 Central Avenue for $81 million, according to a deed published on October 28th.
The group purchased the complex from White Oak Partners, which purchased the property in 2020 for $64 million.
Read MoreSt. Pete Rising is an online urban development publication covering retail, restaurants, and real estate news in St. Petersburg, FL
