Gulfport mansion snagged for $3.3 million

A 6,000-square-foot home on the Intracoastal Waterway in Gulfport has sold for $3.275 million in what ranks as one of the speediest turnovers ever of a foreclosed property in the Tampa Bay area.

Real estate agent Alex Malagon said the lender had just taken back the house at a foreclosure auction when a lawyer in St. Louis called to say his brother wanted it.

“I don’t know if they saw it on Zillow or what,” said Malagon of Keller Williams Realty.


The purchase price makes the home in the Pasadena Yacht & Country Club the second most expensive sale in Pinellas County so far this year, exceeded only by the $3.7 million that a member of the Ashley Furniture family paid for a Treasure Island home in June.

The priciest house to date in the bay area is a waterfront estate in Tampa’s Beach Park that went for $4 million, also in June.

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About Author

John William is a cum laude graduate of the University of Miami, and has spent his lifetime in sales and marketing. The fourth generation to join his family business, John William manages all luxury residential sales and transactions within the Tampa Bay and South Florida markets. A keen industry insider with a finger on the pulse of the area, He is an expert identifying high-return acquisition and development opportunities for hungry investors both large and small while simultaneously working with homeowners and homebuyers to buy and sell the home of their dreams… often times without the need of the MLS or a For Sale sign. He also oversees all digital and print marketing for the company, and handles all sales training for new and established agents alike. He is a member of the Board of Directors of Brookwood Florida, the oldest charity in Florida, and works to raise millions of dollars annually for local charities and museums.