Just Sold: 400 Beach Drive NE #503 for $1,545,000

I am thrilled to announce that I have just sold my listing at 400 Beach Drive Condos – Unit 503 – in just 35 days for $1,545,000.  Have a peek at the unit below.

My brokerage, Smith & Associates Real Estate, also represented the buyer in this transaction.  The only bad thing is that there are now ZERO available units for sale at 400 Beach, and we still have buyers who want this building. If you or someone you know are thinking of selling your Downtown St. Petersburg Luxury Condo, please call me today. I’ll prepare a market analysis and show you what yours could sell for in today’s hot real estate market.

You can also view recently sold units at 400 Beach Drive here.

Bliss Over Beach Drive Construction Begins!

Sadly, for myself and the other Realtors of Smith & Associates Real Estate, we’ll now have to find street parking along Beach Drive like everyone else.  However, it is for good reason – formerly the Smith & Associates Real Estate parking lot is now the site for the new construction luxury condo tower Bliss Over Beach Drive.  Demolition of the parking lot has begun so that construction may commence!

Bliss_Over_Beach_Construction_St_Petersburg_Downtown

 

There are only a few units remaining at Bliss, as shown below.  Contact me today if you’d like to schedule an appointment to view the information on this new luxury new construction boutique condo in downtown St. Petersburg.

  1. 3 beds, 2 full, 1 part baths
    Home size: 2,140 sq ft
    Lot size: 9,840 sqft
    Year built: 2017
    Days on market: 215
  2. 3 beds, 2 full, 1 part baths
    Home size: 2,140 sq ft
    Lot size: 9,840 sqft
    Year built: 2017
    Days on market: 88
  3. 3 beds, 3 full, 1 part baths
    Home size: 3,701 sq ft
    Lot size: 9,840 sqft
    Year built: 2017
    Days on market: 194

See all BLISS Over Beach Drive.
(all data current as of 5/27/2015)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Tampa’s Priciest Property is over 100 Years Old: Listed for $13.9 Million

There’s a newly listed property just topped the list for priciest house for sale in Hillsborough County! 4621 Bayshore Boulevard in Tampa is an 8,900-square-foot estate, on 2.6 acres, but it isn’t visible from the road. This private estate boasts 6 bedrooms and 9.5 baths, a guest house, fitness and service building, pavilion, conservatory and pergola. The historic Bayshore Boulevard estate is known locally as the Stovall-Lee house, and was just listed for $13.9 Million. Built in 1909 by L.T. Tousdale, then general manager of the Florida Brewing Company in Ybor City, the property was owned by Tampa Tribune founding publisher Wallace Stovall from 1915 to 1943. Stovall sold the home to William E. Lee, and the family had it added to the National Register of Historic Places in 1974. The current seller, Harry E. Teasley Jr., was president and CEO of Coca-Cola Foods and CEO of Coca-Cola Nestle Refreshments. He purchased the property in 1991.  Check out the photos of this magnificent estate below.

4621 BAYSHORE BLVD, TAMPA, FL 33611 (MLS # T2753993)

(all data current as of 5/27/2015)
Price $13,900,000
Beds 6
Baths 9 full, 1 half
Home size 8,930 sq ft
Lot Size 2.33 ac
Days on Market 22
Introducing an exquisite estate property which epitomizes gracious, elegant and exclusive living. Known locally as the Stovall-Lee House, this South Tampa estate is the largest residential property on Tampa’s famous and scenic Bayshore Boulevard N of Gandy. Meticulously restored and expanded over the years, the 6 bedroom, 9 full and 1 half-bath walled and gated estate boasts over 8,900 square feet of living space, on 2.6 acres overlooking the open Bay. Private and secluded, with a main house, guest house, pavilion, conservatory, pergola, and fitness and service building. Enjoy the very best of entertaining, indoors and out, with courtyard, terrace areas beautifully embraced by extensive landscaping and gardens from a strand of Florida Cypress to a French Knot Garden, koi and lily ponds. The grand entry, formal living room and dining room feature antique chandeliers, beautifully restored moldings by master craftsmen, original flooring and majestic mahogany pocket doors. A superior Chef's kitchen offers marble counter tops, Miele and SubZero stainless appliances, sleek cabinetry and a stainless prep counter for the very best of culinary artistry. The Pavilion is a masterpiece of architectural design that opens to the stunning pool area with French limestone and marble flooring, coral stone wood-burning fireplace, cypress tray ceiling, full-service entertaining bar and impressive 1400+ bottle wine cellar. This is a unique chance to acquire one of the most exquisite estates ever offered in Tampa Florida.

Property Type(s): Residential, Single Family Home

Last Updated 5/5/2015 Tract NIX SUB
Year Built 1909 Community n/a
Garage Spaces 2.0 County Hillsborough
Total Parking 2

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Listed with COLDWELL BANKER RESIDENTIAL

(view all details for MLS #T2753993)

More Luxury Homes in Tampa Bay

 

Record Setting Sale for Sun Ketch St. Petersburg Townhouse!

120 50th Ave N, St Petersburg, FL 33703 has Just Sold for $394,000!

This represents the HIGHEST SALE PRICE for a SUN KETCH TOWNHOUSE IN THE LAST 2 YEARS in either of Sun Ketch Northeast OR Sun Ketch Venetian Isles.

This beautiful Sun Ketch at Northeast townhouse was sold for 98.5% of the asking price.  It went under contract in just 14 days.  Sun Ketch townhomes are in high demand by buyers right now and prices are rising!  If you are considering selling yours, please contact me today to find out what yours may be worth.
Recent Sun Ketch Northeast and Sun Ketch Venetian Isles sales:
  • 228 50th Ave N – 2,218 sq. ft. – Sold 5/14/14 for $335,000
  • 4639 Overlook Dr NE – 2,788 sq. ft. – Sold 8/11/14 for $367,000
  • 239 49th Ave N – 2,300 sq. ft. – Sold 1/27/15 for $355,500
  • 217 49th Ave N – 2,320 sq. ft. – Sold 3/31/15 for $362,875
  • 120 50th Ave N – 2,371 sq. ft. – Sold 4/10/15 for $394,000

Pictures of 120 50th Ave N:

New Incentive for Next 10 Buyers at The Salvador Condos

15008-The-Salvador_Unit-C-balcony2-150323

The Salvador Condos in Downtown St. Petersburg have just announced a great new incentive for the next 10 buyers.

  • $5,000 Credit Towards Your Closing Costs
  • A Free Washer and Dryer For Your New Home ($3,000 Cash Value)
  • A Free Hardwood Flooring Upgrade to the Owner Suite

15008-The-Salvador_Unit-C-Kitchen-150323

Interested?  Contact me today.  Below are a few examples of units available, but there may be others not listed below.  We have the update to date list in our office.

  1. 1 bed, 1 full, 1 part baths
    Home size: 964 sq ft
    Year built: 2016
    Parking spots: 2
    Days on market: 50
  2. 2 beds, 2 full baths
    Home size: 1,354 sq ft
    Year built: 2016
    Parking spots: 1
    Days on market: 219
  3. 2 beds, 2 full baths
    Home size: 1,483 sq ft
    Year built: 2016
    Parking spots: 2
    Days on market: 219
  4. 2 beds, 2 full baths
    Home size: 1,354 sq ft
    Year built: 2016
    Parking spots: 1
    Days on market: 214
  5. 2 beds, 2 full baths
    Home size: 1,555 sq ft
    Year built: 2016
    Parking spots: 2
    Days on market: 214
  6. 2 beds, 2 full baths
    Home size: 1,555 sq ft
    Year built: 2016
    Parking spots: 2
    Days on market: 50
  7. 2 beds, 2 full baths
    Home size: 1,354 sq ft
    Year built: 2016
    Parking spots: 1
    Days on market: 50
  8. 2 beds, 2 full baths
    Home size: 1,483 sq ft
    Year built: 2016
    Parking spots: 2
    Days on market: 214
  9. 2 beds, 2 full baths
    Home size: 1,483 sq ft
    Year built: 2016
    Parking spots: 2
    Days on market: 50

See all The Salvador.
(all data current as of 5/27/2015)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

St. Petersburg Short Sale Success Story

I got into the real estate business in 2006, just as the market was starting to crash.  I knew that if I wanted to survive in real estate, I was going to have to learn about short sales and foreclosures – because they were becoming quite common at that time.  Since 2006, I’ve listed and sold dozens of short sales for underwater homeowners throughout the Tampa Bay area.  I took the CDPE designation course – which stands for Certified Distressed Property Expert – so I could learn the ins and outs of short sales.

front95

Though St. Petersburg short sales are becoming less common now, in 2015, there are still a few out there.  The sellers of this 1925 Craftsman came to me last year.  They bought it at the height of the market in 2006, just before things crashed, and put a lot of money into the home with renovations over the years.  Then one of the Sellers got forced into early retirement.  We tried to sell the home first for what they owed, but didn’t get an offer high enough to cover their payoff.  Finally they decided a short sale was their best bet.

kitchen38

After we dropped the price, we got an offer pretty quickly.  Now, the short sale process is not easy – don’t let anyone tell you it is.  It requires a lot of time and patience, and loads of paperwork.  This one took about 6 months to complete in order to get all the bank approvals in line and title work completed.  In the end, the Buyers ended up with a great deal on a fantastic historic home, and the Sellers qualified for the HAFA program and received $3,000 in relocation assistance money at closing.

If you are struggling with a property that is underwater and are interested in exploring your options – please call me today.  727-475-7235