{"id":55390,"date":"2025-11-21T11:55:06","date_gmt":"2025-11-21T11:55:06","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-fl\/55390\/"},"modified":"2025-11-21T11:55:06","modified_gmt":"2025-11-21T11:55:06","slug":"st-petes-derby-lane-is-for-sale","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-fl\/55390\/","title":{"rendered":"St. Pete&#8217;s Derby Lane is for sale"},"content":{"rendered":"<p>&#8220;This is a once-in-a-generation placemaking opportunity,&#8221; the real estate company tapped to market the property said.<\/p>\n<p>ST. PETERSBURG, Fla. \u2014 Developers won&#8217;t technically place bets, but bids to purchase the historic <a href=\"https:\/\/www.wtsp.com\/video\/news\/local\/pinellascounty\/former-racetrack-derby-lane-in-st-pete-sold-to-new-owners\/67-b1c0b519-7d4c-4911-afce-c33800791883\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Derby Lane<\/a> could happen, as the place where greyhound dogs used to run is for sale.<\/p>\n<p>The 131.54-acre property located on Gandy Boulevard is now one of the largest single infill properties in the Tampa Bay region real estate market in roughly 15 years, according to a spokesperson with the real estate company selling the property.<\/p>\n<p>\u201cThis is a once-in-a-generation placemaking opportunity situated at the center of the Tampa Bay region,\u201d stated Matt Mitchell, from Berkadia Central &amp; North Florida.<\/p>\n<p>The spokesperson said the property offers roughly 95 developable acres, with flexible zoning, which is supposed to allow for various uses.<\/p>\n<p>&#8220;The site also has power availability of up to 600 megawatts from an adjacent power plant,&#8221; the spokesperson added.<\/p>\n<p>Now called &#8220;Win! Derby,&#8221; the location held its first race on Jan. 3, 1925, according to its <a href=\"https:\/\/www.win-derby.com\/history\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">website<\/a>.<\/p>\n<p>While c<a href=\"https:\/\/www.wtsp.com\/article\/news\/politics\/elections\/commercial-dog-racing-to-end-by-2020-with-passage-of-amendment-13\/67-611887908\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" id=\"isPasted\">ommercial dog races were outlawed in 2020 in the state of Florida<\/a>, customers can play poker. The venue also hosts events and has been featured in movies.<\/p>\n<p>The &#8220;facility has been used as a backdrop for feature films like Coupe Deville and Oceans 11,&#8221; <a href=\"https:\/\/www.visitflorida.com\/listing\/derby-lane-greyhound-racing\/18511\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Visit Florida<\/a> said about the venue.<\/p>\n<p>According to Pinellas County&#8217;s Property Appraiser, the property is owned by Schre Tampa LLC, Sitre Tampa LLC. These companies acquired the property earlier this year, according to <a href=\"https:\/\/www.bizjournals.com\/tampabay\/news\/2025\/04\/22\/derby-lane-st-petersburg-sold.html\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Tampa Bay Business Journal<\/a>.<\/p>\n<p>The Property Appraiser&#8217;s website shows that the properties with the address of Derby Lane have a market value of <a href=\"https:\/\/www.pcpao.gov\/property-details?s=173020000002100100&amp;xmin=-9200839.609032108&amp;ymin=3230164.413505536&amp;xmax=-9195059.05876789&amp;ymax=3233140.6802944685&amp;basemap=BaseMapParcelAerials&amp;sales=&amp;scale=18055.954822&amp;parcel=20-30-17-00000-210-0100\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">$10,500,000<\/a> and <a href=\"https:\/\/www.pcpao.gov\/property-details?s=173020000002100300&amp;xmin=-9199241.555566054&amp;ymin=3230934.1106027695&amp;xmax=-9196351.280433945&amp;ymax=3232422.2439972353&amp;basemap=BaseMapParcelAerials&amp;sales=&amp;scale=9027.977411&amp;parcel=20-30-17-00000-210-0300\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">$1,882,065<\/a>. The parking lot area in the Tax Parcel map of the appraiser&#8217;s website shows its value at <a href=\"https:\/\/www.pcpao.gov\/property-details?s=173017000003300100&amp;xmin=-9199570.227216054&amp;ymin=3231372.0555241075&amp;xmax=-9196679.952083945&amp;ymax=3232812.4157758947&amp;basemap=BaseMapParcelAerials&amp;sales=&amp;scale=9027.977411&amp;parcel=17-30-17-00000-330-0100\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">$2,040,446<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"&#8220;This is a once-in-a-generation placemaking opportunity,&#8221; the real estate company tapped to market the property said. ST. PETERSBURG,&hellip;\n","protected":false},"author":2,"featured_media":55391,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[202,204,203,199,201,200],"class_list":["post-55390","post","type-post","status-publish","format-standard","has-post-thumbnail","category-st-petersburg","tag-st-pete","tag-st-pete-headlines","tag-st-pete-news","tag-st-petersburg","tag-st-petersburg-headlines","tag-st-petersburg-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/55390","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=55390"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/55390\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/55391"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=55390"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=55390"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=55390"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}