{"id":81247,"date":"2025-12-12T18:54:47","date_gmt":"2025-12-12T18:54:47","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-fl\/81247\/"},"modified":"2025-12-12T18:54:47","modified_gmt":"2025-12-12T18:54:47","slug":"places-this-week-tyrone-tower-office-building-sells","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-fl\/81247\/","title":{"rendered":"Places This Week: Tyrone Tower office building sells"},"content":{"rendered":"<p>Tyrone Tower, a 72,075 heated square-foot office building at <a target=\"_blank\" href=\"https:\/\/www.loopnet.com\/Listing\/1700-66th-St-N-Saint-Petersburg-FL\/34922869\/\" rel=\"nofollow noopener\">1700 66th Street N.<\/a>, St. Petersburg, sold Dec. 3 for $8.75 million. It was first listed in February for $11.53 million and dropped to $10.25 million in October. The five-story building was completed in 1981 and is situated on 4.58 acres of land.<\/p>\n<p>The property provides full office suites, 24-hour security, an outdoor seating area, multiple signage opportunities and parking for 260 vehicles.<\/p>\n<p>Eighty-nine percent of the building is occupied with 27 tenants representing a mix of medical and professional services. The property shares access with a Publix-anchored shopping center and is minutes away from Tyrone Square Mall.<\/p>\n<p>Expansive renovations valued at over $2.5 million were made in the last five years, including a new roof, new HVAC systems and controls, new restrooms throughout the building and a remodeled common area.<\/p>\n<p>The seller, Kennedy Investments, a private equity company based in Tampa, had purchased the property in 2018 for $2.85 million. The buyer, Posterity Real Estate Holdings, LLC, is a St. Petersburg private family office whose founder is a wealth advisor and founding partner of North Shore Wealth Management at Raymond James.<\/p>\n<p>The listing was courtesy of Pat Kelly and Anthony Suarez with Franklin Street Tampa. The transaction was brokered by Jason Teabout and Julie Mastry of the Mastry\/Teabout Group with Smith &amp; Associates Real Estate.<\/p>\n<p>\u00a0<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-110052\" class=\"wp-image-110052 size-large\" src=\"https:\/\/www.newsbeep.com\/us-fl\/wp-content\/uploads\/2025\/12\/551-Omaha-St.-Palm-Harbor-Photo-Homes.com_-1024x669.jpg\" alt=\"\" width=\"740\" height=\"483\"  \/><\/p>\n<p id=\"caption-attachment-110052\" class=\"wp-caption-text\">551 Omaha St., Palm Harbor. Photo: Homes.com.<\/p>\n<p>Palm Harbor multi-residence estate lists<\/p>\n<p>A two-building property with separate residences at <a href=\"https:\/\/www.homes.com\/property\/551-omaha-st-palm-harbor-fl\/3qhtzwpw1x2hz\/\" target=\"_blank\" rel=\"noopener nofollow\">551 Omaha St.<\/a>, Palm Harbor, has listed for sale with an asking price of $999,999. Both structures were built in 1930.<\/p>\n<p>The main home, with three bedrooms and three bathrooms, features 1,736 square feet of living space across two stories. Downstairs is an expansive living room with a wood stove, a separate sitting area, an eat-in kitchen with stainless steel appliances and quartz countertops and a full bathroom. Upstairs are all of the bedrooms, with enough room to sleep eight, and two full bathrooms.<\/p>\n<p>The detached two story, 1,680 square-foot structure offers three bedrooms and two full bathrooms. On the lower level is a theater\/media room, a pool bathroom and a private bedroom. On the second level is a living area, a full-size kitchen, two bedrooms and one bathroom.<\/p>\n<p>The backyard features an in-ground pool with a paver deck and a two-hole putt-putt green. The property is situated on a 0.26-acre plot of land in a golf-cart friendly community minutes from downtown Palm Harbor.<\/p>\n<p>All of the furnishings are included with the sale, and a short-term rental license transfers to the buyer.<\/p>\n<p>The seller purchased the property in 2022 for $540,000. The listing is courtesy of Tara Cline with Coastal Luxury Realty.<\/p>\n<p>\u00a0<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-110056\" class=\"wp-image-110056 size-large\" src=\"https:\/\/www.newsbeep.com\/us-fl\/wp-content\/uploads\/2025\/12\/2435-State-Road-580-Clearwater-Photo-Benderson-Development-1024x683.jpg\" alt=\"\" width=\"740\" height=\"494\"  \/><\/p>\n<p id=\"caption-attachment-110056\" class=\"wp-caption-text\">2435 State Road 580, Clearwater. Photo: Benderson Development.<\/p>\n<p>Bradenton developer purchases Clearwater Shoppes<\/p>\n<p>Benderson Development, LLC, a three-generation privately owned real estate development company based in University Park, Florida, closed Dec. 4 on the purchase of Clearwater Shoppes, a 216,692 square-foot grocery-anchored shopping center with an official address at <a href=\"https:\/\/floridaparcels.com\/property\/62\/16%2028%2030%2000000%20420%200400?adj#details\" target=\"_blank\" rel=\"noopener nofollow\">2435 State Road 580<\/a>, Clearwater. The purchase price was $28.5 million.<\/p>\n<p>Situated on a 14.47-acre parcel on the corner of U.S. Highway 19 and Main Street, the fully-leased property, built in 1975 and 1976, is anchored by Whole Foods Market, Target and Nordstrom Rack. It is connected to the 1.3-million-square-foot Countryside Mall.<\/p>\n<p>Sears Roebuck and Co. had purchased the property in 1973 for $200,000. In 2015, it was acquired by Seritage Growth Properties, a New York City real estate investment trust spinoff from Sears Holdings.<\/p>\n<p>Founded in 1949, Benderson Development is one of the largest privately held real estate companies in the nation, with a portfolio of over 1,000 properties across 40 states.<\/p>\n<p>\u00a0<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-110053\" class=\"wp-image-110053 size-large\" src=\"https:\/\/www.newsbeep.com\/us-fl\/wp-content\/uploads\/2025\/12\/491-Laguna-Dr.-Tierra-Verde-Realtor.com_-1024x652.jpg\" alt=\"\" width=\"740\" height=\"471\"  \/><\/p>\n<p id=\"caption-attachment-110053\" class=\"wp-caption-text\">491 Laguna Dr., Tierra Verde. Photo: Realtor.com.<\/p>\n<p>Tierra Verde home sells for $7 million<\/p>\n<p>Listed in July for $7.5 million, a two-story home at <a href=\"https:\/\/www.realtor.com\/realestateandhomes-detail\/491-Laguna-Dr_Tierra-Verde_FL_33715_M95489-09286?from=srp-list-card\" target=\"_blank\" rel=\"noopener nofollow\">491 Laguna Dr.<\/a>, Tierra Verde sold Dec. 11 for $7 million.<\/p>\n<p>Completed in 2023, the 7,000 gross square-foot residence was designed by Miami-based Sire Design, whose owners are featured on the Netflix series Designing Miami and HGTV\u2019s Divided by Design.<\/p>\n<p>The elevated home sits on a 0.36-acre lot and provides 5,251 square feet of living space across two floors. Inside are five bedrooms, six full bathrooms and one half-bath. An elevator connects the two levels.\u00a0 Attached to the home are two, two-car garages anchored by a 24-foot entrance foyer.<\/p>\n<p>Outdoors is a heated infinity pool, a covered lounge area and 200 feet of waterfrontage. A new seawall was completed in 2020, and a custom dock with a 40,000-pound lift for a 52-foot boat and two Jet Ski lifts was built in 2022.<\/p>\n<p>Highlights include oak plank flooring, impact-resistant windows, a whole-house generator and a full Savant home automation system that controls audio-visual, lighting, security and window treatments.<\/p>\n<p>The seller, represented by Dina Sierra Smith with Smith &amp; Associates Real Estate, purchased the parcel and prior structure in 2021 for $2 million. Melissa Connell with Sparrow Key Realty, Inc. represented the buyer.<\/p>\n<p>\u00a0<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-110054\" class=\"wp-image-110054\" src=\"https:\/\/www.newsbeep.com\/us-fl\/wp-content\/uploads\/2025\/12\/12003-28th-St-N.-St.-Petersburg-Photo-LoopNet.com_-300x188.jpg\" alt=\"\" width=\"740\" height=\"464\"  \/><\/p>\n<p id=\"caption-attachment-110054\" class=\"wp-caption-text\">12003 28th St N., St. Petersburg. Photo: LoopNet.com.<\/p>\n<p>\u00a0HSN closes on the sale of two warehouses<\/p>\n<p>Following an announcement in January that it would be ceasing operations at its St. Petersburg\u2019s Gateway area campus, Home Shopping Network (HSN) closed Dec. 1 and 2 on the sale of two industrial warehouse properties in St. Petersburg located at 12003 28th Street N. and 11851 30th Court N., respectively.<\/p>\n<p><a href=\"https:\/\/www.loopnet.com\/property\/12003-28th-st-n-saint-petersburg-fl-33716\/12103-113016303760010020\/\" target=\"_blank\" rel=\"noopener nofollow\">12003 28th Street N. <\/a>sold for $4.465 million to the MIDA Group, a St. Petersburg real estate brokerage firm that has acquired, developed and managed commercial properties in Pinellas County since the 1940s. The property includes a one-story structure with 37,838 heated square feet and a 1,155-square-foot loading platform. Built in 1985, it sits on 2.59 acres of land. Home Shopping Network Realty, Inc. purchased the property in 1986 for $1.5 million.<\/p>\n<p><a href=\"https:\/\/www.loopnet.com\/property\/11851-30th-ct-n-saint-petersburg-fl-33716\/12103-113016000003400810\/\" target=\"_blank\" rel=\"noopener nofollow\">11851 30th Court N.<\/a> sold for $5.1 million to B&amp;D Holdings, a privately held investment and development firm based in Warren, New Jersey that owns assets in 37 states. The one-story structure, built in 1988, features 42,750 heated square feet and sits on a 2.67-acre plot of land. HSN Realty, Inc. purchased the property in 1992 for $650,000.<\/p>\n<p>HSN\u2019s former headquarters at 2501 118th Avenue N. was listed in April and remains on the market.<\/p>\n<p>\u00a0<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-110055\" class=\"wp-image-110055 size-large\" src=\"https:\/\/www.newsbeep.com\/us-fl\/wp-content\/uploads\/2025\/12\/3268-66th-Street-N.-St.-Petersburg-Photo-Crexi.com_-1024x727.jpg\" alt=\"\" width=\"740\" height=\"525\"  \/><\/p>\n<p id=\"caption-attachment-110055\" class=\"wp-caption-text\">3268 66th Street N., St. Petersburg. Photo: Crexi.com.<\/p>\n<p>Former Women\u2019s Care property for sale<\/p>\n<p>A 4,607 square foot fully built-out medical facility at <a href=\"https:\/\/www.crexi.com\/properties\/2290632\/florida-2nd-generation-medical-ofc---for-sale-or-lease\" target=\"_blank\" rel=\"noopener nofollow\">3268 66th Street N.<\/a>, St. Petersburg, has entered the market for an unknown price. Built in 1984, the one-story building is situated across two parcels of land totaling 0.65 acres. It was formerly occupied by a Women\u2019s Care group.<\/p>\n<p>Inside are seven exam rooms, two physician\u2019s offices, one manager\u2019s office, a consultation room, a procedure room, four restrooms, a kitchen\/break room and a spacious lobby and waiting area.<\/p>\n<p>Outside are 26 spaces for parking, exterior wall signage and monument signage on 66th Street N. The building is fully plumbed for medical uses, vacant and available for immediate occupancy.<\/p>\n<p>The property was purchased by Dr. Molly Long under the registered name Sun, Ski &amp; Spa, LLC in 2010 for $650,000.<\/p>\n<p>The listing is provided by Robert Freeman, James Garner and Jim Shiebler with CBRE \u2013 Tampa.<\/p>\n<p>Real estate agents: Please forward all news for Places This Week to Amy Kagan at\u00a0<a target=\"_blank\" href=\"https:\/\/stpetecatalyst.com\/places-this-week-tyrone-tower-office-building-sells\/mailto:amy@stpetecatalyst.com\" rel=\"nofollow noopener\">amy@stpetecatalyst.com<\/a>.\u00a0Thanks!<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"Tyrone Tower, a 72,075 heated square-foot office building at 1700 66th Street N., St. Petersburg, sold Dec. 3&hellip;\n","protected":false},"author":2,"featured_media":81248,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[202,204,203,199,201,200],"class_list":["post-81247","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\/81247","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=81247"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/81247\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/81248"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=81247"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=81247"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=81247"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}