Pinellas home sales drop for the fourth consecutive month


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Sales of single family homes in Pinellas County dropped in March for the fourth consecutive month while sales rose by varying amounts in Hillsborough, Pasco and Hernando. Overall, the bay area market is clearly less buoyant than it was a few years ago, according to figures released Monday by Florida Realtors. Houses are taking longer to sell even though the…

Founder of Lazydays RV puts Hillsborough County estate on market for $22 million

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And the mega-mansions just keep on coming. A day after real estate investor Ben Mallah paid a record $16.5 million for a Belleair Shore home, the founder of Lazydays RV has put his lakefront estate in eastern Hillsborough County on the market for $22 million. That makes it the most expensive residential property currently for sale in the Tampa Bay…

Developer Ben Mallah buys former Phillies slugger Ryan Howard’s Pinellas home for $16.5 million

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Real estate investor Ben Mallah bought a gulf-front mansion Thursday for $16.5 million, by far the most ever paid for a residential property in the Tampa Bay area. The seller was former Philadelphia Phillies slugger Ryan Howard, who built the house four years ago on 200 feet of private beach that he bought for $3.5 million. Mallah, known for his…

Sales of Tampa Bay homes plunge in December

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Sales of single family-homes in the Tampa Bay area plunged in December as prices again rose. In one good sign for buyers, though, the supply of available homes continued to inch up, with Pinellas County having its largest supply in at least three years. The bay area market reflected those statewide and nationally, both of which saw a slump in…

St. Petersburg apartment building sells for near record $107 million

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The Hermitage apartments in downtown St. Petersburg have sold for $107.6 million, a near record price per unit for a rental project in the Tampa Bay area. The eight-story, two-year-old building at +just east of the city’s thriving Edge District was purchased by Dedicated Hermitage LP, which has a Toronto, Canada, address. The Hermitage’s new owners paid $309,267 per unit,…