A two-story structure, operating as The Inn On Third for the past 20 years, at 342 3rd Avenue N. in downtown St. Petersburg, has entered the market with an asking price of $4.8 million.

Built in 1937, the 6,891 gross square-foot property provides strong visibility with 40 feet of frontage on 3rd Avenue N. The downtown Looper Trolley stop is one block away.

Inside is a lobby with a sitting area, 21 licensed rental units with a combination of two twins and one queen bed rooms, and one unit for the owner or an employee. Each room is individually decorated with antiques and has its own ensuite bathroom.

Building features include a flat roof, concrete block and stucco exterior and drywall interiors.

The 0.09-acre property is surrounded by many retail, dining and cultural attractions, offering a strong hospitality asset or redevelopment opportunity.

Owners and Innkeepers Stephanie and Brian Cox purchased the property under the registered name Krailling Enterprises, Inc. in 2005 for $1.6 million.

The listing is provided by Eric Cederman with Cederman Properties.

 

1801 Pass A Grille Way, St. Pete Beach. Photo: Homes.com.

St. Pete Beach home lists for $10 million

A 9,288 gross square-foot residence at 1801 Pass A Grille Way, St. Pete Beach has listed for $10 million. Built in 2019, the three-story home is situated on a 0.16-acre lot with 60 feet of waterfrontage on the Intracoastal Waterway.

The main level and upper story provide 5,091 square feet of living space with five bedrooms, five full bathrooms and one half-bath split between the two levels. The open floor plan also includes an entry foyer, a great room, a kitchen with solid wood cabinets and a walk-in pantry, a family room with a fireplace, a formal dining room and inside utility and storage spaces.

On the lower level is a 2,134-square-foot seven-car garage plus a 406-square-foot climate-controlled area. Porch and balcony spaces on all three levels add another 1,657 square feet.

The private waterfront backyard features a heated saltwater pool and spa, a putting green with new turf and a dock.

The seller purchased the property in 2014 for $761,300 and demolished the former structure.

Abigail Kotchman with Rock Real Estate is the listing agent.

 

275 1st Avenue S., Unit 4202, St. Petersburg. Photo: Art House St. Petersburg.

Art House top-floor penthouse sells for over $6 million

Completed in 2025, a penthouse condominium located on the top floor of Art House St. Petersburg at 275 1st Avenue S. sold March 11 for $6.083 million.

Unit 4202 features three bedrooms, a den, four full bathrooms and one half-bath spread across 3,989 square feet of living space. Highlights include 11-foot ceilings, a 744-square-foot great room, a large owner’s suite with double bathrooms and two over-sized walk-in closets and a chef-inspired kitchen.

An 858-square-foot wrap-around deck off of the great room provides panoramic Tampa Bay views.

Building highlights include a two-story lobby, gallery and gathering spaces, secure private parking, a fitness center with a yoga room, a theater, game room, pool and spa.

The seller was represented by Donald Denis and the buyer’s agent was Robert Glaser, both with Smith & Associates Real Estate.

 

812 E. Gulf Boulevard Indian Rocks Beach. Photo: Crexi.com.

Indian Rock Beach condo community lists

Heather Sands Condominium, a seven-unit property at 812 E. Gulf Boulevard, Indian Rocks Beach, has listed for $4.32 million. Built in 1985, the three-story structure comprises a total of 8,575 square feet, with each unit providing 1,225 square feet of living space.

Each of the units are located on the second and third floors. The main levels feature a spacious living and dining area, a kitchen with a breakfast bar and expansive counter space, a pantry/laundry closet and a half-bath. Upstairs are the primary suite with a private bath, a second bedroom and a bonus room which can be used as an office or additional guest quarters.

Foyers and garages for each unit are situated on the ground floor. Four of the residences have one-car garages and three have parking for two vehicles.

The property offers a fenced backyard and is located one half-block from beaches and the Gulf of Mexico. Recent improvements include new hurricane-impact windows and skylights, updated plank flooring in some units, a recently painted exterior and a new roof.

The owner and listing agent, Sam Colucci with Roma Management, purchased the property in 1998 under the registered name Casalyn & Associates, Inc. for $412,500.

 

6527 and 6501 Central Ave., St. Petersburg. Photo: Crexi.com.

Central Avenue office buildings sell over list price

Following less than two months on the market, the sale of Central Plaza, a portfolio of two office buildings at 6527 and 6501 Central Ave., St. Petersburg, closed March 6 for $2.53 million, $117,000 more than the asking price of $2.413 million.

6527 Central Ave. is a one-story structure built in 1972 with 6,400 square feet of rentable space and situated on a 0.36-acre plot of land. 6501 Central Ave. is a one-story, 5,494 square-foot structure built in 1983 and also situated on a 0.36-acre parcel.

Both buildings are divided into multiple units. Tenants include a mix of restaurants, service providers and boutique spas.

The seller, under the registered names Lion Properties of Florida No. 1, LLC and Lion Properties of Florida No. 2, LLC, purchased 6527 Central Ave. in 2022 for $1.25 million and 6501 Central Ave. in 2015 for $710,000, respectively.

The buyer, with a principal address in Miami Beach, acquired the property under the registered name Dos Amigos Real Estate, LLC.

Reid Thedford and Evan Cannan with Marcus & Millichap were the listing agents.

 

2216 18th Avenue S., St. Petersburg. Photo: Crexi.com.

Dollar General property for sale

A single-building property with 9,808 heated square feet at 2216 18th Avenue S., St. Petersburg has entered the market for $2.76 million.

Built and occupied by Dollar General since 2011, the one-story, free-standing structure is situated on a 1.38-acre parcel. It is surrounded by several large apartment communities.

Dollar General Corporation, with over 20,000 locations across the United States and Mexico, holds an absolute triple-net (NNN) lease with no landlord responsibilities through Aug. 2026.

A 10-percent rent increase is imposed every five years and the corporation has already chosen to enter into its first five-year option to renew with four more to follow.

The seller, New York based Gideon Blumenthal/Nelco, Inc., purchased the property under the registered name LJ Gelt, LLC in 2018 for $2.3 million.

The listing agents are Gabiel Britti, Kevin Foo, Ronnie Issenberg and Ricardo Esteves with Marcus & Millichap.

Real estate agents: Please forward all news for Places This Week to Amy Kagan at amy@stpetecatalyst.com. Thanks!

Â