Places This Week: Pass-a-Grille beachfront home sells for $8M
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Recently, a luxurious beachfront home in Pass-a-Grille, St. Pete Beach, was sold for $8 million, marking a significant event in the local real estate market. This single-family property, located at 1103 Gulf Way, features five spacious bedrooms and five full baths, making it a desirable residence for affluent buyers. With a total heated area of 4,950 square feet, the two-story home, built in 1935, combines historical elegance with modern comforts. Despite selling for $500,000 less than the original asking price, the transaction reflects the ongoing demand for luxury properties in the St.
Petersburg area. The competitive nature of the local market is evident, with such high-value sales drawing considerable attention. The article not only highlights this particular sale but also situates it within the broader context of real estate trends in the region. As St. Petersburg continues to attract new residents, the allure of beachfront living remains strong.
This sale is a testament to the area's appeal, signaling vibrant growth in its luxury real estate sector.