A weekly overview of local real estate offers.

Indian Rocks Beach vacation cabins are now under new owner

Arbors Gulfport Cottages LLC has sold its luxury oceanfront cabins to Indian Rocks Beach-based Shelton Land Investments in a $ 3.4 million deal.

The Arbors Seaside Cottages is a micro-resort on the Gulf side and has been voted one of Florida’s ‘Little Superior Accommodations’ since 1999 and has also been featured in USA today.

The Arbors seaside cabins. Realtor.com.

The Key West style cottages are located at 218 Gulf Blvd. at Indian Rocks Beach.

The property consists of two separate lots with four separate chalets.

The Arbors Seaside Cottages bordering the beach. Realtor.com.

The resort has a large gulf-side cottage, two quaint cottages nestled in a garden, and a two-story family lodge at the rear of the property as well as a studio.

Each cottage has a full kitchen and furnishings.

The complex also includes outdoor food courts, a shuffleboard area, and community laundry facilities.

Units rent between $ 1,000 and $ 1,300 per week, depending on the description.

Pinellas Park apartments sell for $ 11 million

The Le Club Villas at Pinellas Park were sold for $ 11 million.

Miami-based Eightfold Real Estate Capital LP purchased the property at 4355 84th Ave. of Nure International LLC.

The Club Villas in Pinellas Park. Google Maps.

The residential community has 92 units with private entrances, as the units are one-story apartment houses, according to the community’s website.

The website also states that the units have been recently renovated and the counters and cabinetry have been upgraded.

The community offers on-site laundry facilities and a swimming pool.

Eightfold Real Estate Capital has assumed a mortgage of $ 9.5 million from EMG Transfer Agent LLC.

Eightfold invests in commercial real estate debt and equity. It also provides counseling services to borrowers.

Most recently, Eightfold, alongside a partner, purchased the 34-story Clark Tower in Memphis in a $ 37 million deal.

Largo Town Square sells for $ 8.35 million

Largo Town Square LLC sold the retail center to Alabama-based company Shannon Waltchack in an $ 8.35 million deal.

The 37,574 square foot mall is 91% leased to 14 tenants, including Outback Steakhouse, Advanced Dental Care, Westshore Pizza and others.

Shannon Waltchack is a full service real estate company that manages, develops and acquires properties in the South East.

Shannon Waltchack took out a mortgage for $ 5.53 million from Servisfirst Bank.

Artistry St. Pete’s downtown apartment complex sells for $ 92.3 million

Colorado-based Avanti Residential has taken over the Artistry St. Pete apartment complex in a $ 92.35 million deal.

Artistry St. Pete on Central Ave.

The sale between Avanti Residential and Indiana-based developer Milhaus closed on Dec. 3, according to Pinellas County real estate records.

Artistry St. Pete, located at 1601 Central Ave. between the Grand Central District and the Edge District, is a mixed-use development that opened in 2020 with 246 apartments and 10,000 square feet of retail space.

Avanti has taken out a mortgage loan of approximately $ 28.3 million from Berkeley Point Capital LLC for the purchase.

Learn more about the sale here.

Former Tech Data president sells waterfront estate

A waterfront home in the Brightwaters Beach Estates subdivision has been sold for $ 4 million.

Joseph Quaglia, former president of Tech Data, sold the estate to 504 55th Ave. in St. Pete Beach to John T. Rich Sr., who is an entrepreneur in the medical supply industry.

The house at 504 55th Ave., St. Pete Beach. Zillow.

The four-bedroom, four-bathroom home was originally built in 1969 and was rebuilt in 2018, according to the listing.

The 5,138 square foot coastal contemporary offers views of Boca Ciega Bay.

The house at 504 55th Ave., St. Pete Beach. Zillow.

Inside the two story house are high ceilings and cherry wood floors.

The great room has an entertainment center with custom built-in elements. Meanwhile, the dining room has a custom built-in cherry buffet with a wine cooler and ice maker.

The kitchen includes granite counters, coastal shaker style cabinetry, and Subzero appliances.

The house also offers a large theater space, complemented by a separate billiards area, a games area, a second media center and a bar with sink.

The house at 504 55th Ave., St. Pete Beach. Zillow.

Outside there is a swimming pool and a dock with a boat lift.

The property was listed and sold by Dania Perry of Century 21 Jim White & Associates.