St. Petersburg’s first ‘car condo’ development nearly sold out
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St. Petersburg's first luxury "car condo" community, Motocave, is rapidly selling out, with only seven out of 43 units remaining available. Nestled at the intersection of Interstate 275 and Gandy Boulevard, this innovative development spans 3. 75 acres and caters specifically to car collectors and vehicle enthusiasts. Each of the 22-foot-tall units is fully customizable, and many owners are opting for mezzanine levels that offer additional lounge space above their vehicle storage.
The project has attracted a diverse clientele, including those looking to store RVs and boats, particularly appealing to buyers relocating from states with harsher winters. Bowen Arnold from DDA Development highlighted the project's elevated position, which has proven advantageous during recent hurricanes, providing peace of mind for owners regarding their investments. The interest in Motocave underscores a growing trend in luxury storage solutions for affluent homeowners. With an emphasis on securing vehicles from storms and providing a customizable experience, the development is poised for continued success. This innovative concept not only meets a niche market but also represents a significant real estate trend in St.
Petersburg.