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Penthouse sold for $40 Million

A penthouse sold for $40 Million in New York City – a record $10,259/sq ft. The 3,899 sq ft penthouse is on the 41st floor of 15 Central Park West, developed by Zeckendorf.

In Pinellas County, the record sale is under $5 Million for a condo.  Five units have sold for over $4 Million – all of them were build by JMC Communities. Two are in Sandpearl on Clearwater Beach and three are in Ovation in downtown St Petersburg. All of them have over 5,000 sq ft.

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Luxury sales doing well in Tampa Bay

Sales at the upper end of the Tampa Bay residential market are doing well. In the last 5 months there have been three sales in the $5 – 6 Million range and four sales in the $4 – 5 Million range:

$5,600,000     Tierra Verde (St Petersburg) waterfront home 9,404 sq ft

$5,600,000     Harbour Island (Tampa) waterfront home  8,601 sq ft

$5,000,000     Belleair Beach gulf front home  6,664 sq ft

$4,825,000     Palma Ceia golf course home  15,743 sq ft

$4,600,000     Sandpearl condominium (Clearwater  Beach)  5,283 sq ft

$4,400,000    Sandpearl condominium (Clearwater Beach)

$4,300,000     Bayway Isles waterfront home (St Petersburg)  7,028 sq ft

There are approximately 70 properties currently listed over $4,000,000 in the Tampa Bay area. The highest price is $19,900,000.


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