St. Pete Catalyst, 11-25-19

Take a Peek Inside One of the Highest-Priced Condos Ever Sold in St. Pete

By Margie Manning | St. Pete Catalyst

A penthouse at ONE St. Petersburg has sold for $4.15 million.

It’s the highest-priced condo sale in ONE St. Petersburg this year and the second-highest condo sale in Pinellas County this year, according to Premier Sotheby’s International Realty’s South Tampa office.

Two condos at Ovation, at 180 Beach Dr. N.E., sold for higher prices — one for $6.9 million in 2016 and for $6.85 million in May 2019.

Premier Sotheby’s International Realty’s South Tampa office represented the buyer, who is identified as Michael Patrick Carroll in Pinellas County property records. Carroll, a real estate entrepreneur, is the founder and CEO of Carroll Organization, an Atlanta-based real estate investment company. He’s also a graduate of Jesuit High School in Tampa.
Carroll closed on the purchase on Oct. 28. The previous owners, Jeffrey and Amy Towers, purchased the condo for $3.1 million in March 2019, property records show.

The three-bedroom, three-and-a-half bath penthouse has expansive views of Old Tampa Bay and the Gulf of Mexico. Built by The Kolter Group, it features state-of-the-art architecture, with floor-to-ceiling sliding glass windows that open to an expansive private terrace. See the gallery below for images.

“This record-breaking sale is proof that there is an increasing demand for luxury real estate in downtown St. Petersburg. Our discerning buyer saw the value in the architecture, water views and amenities, all of which complement the highly desirable location,” said Luna Brown of Premier Sotheby’s International Realty, who represented the buyer.

ONE St. Petersburg, at 100 1st Ave. N. and with 253 residences, a hotel and ground floor retail, is the tallest building downtown with 41 stories. Kolter, based in Delray Beach, also is developing Saltaire, a 35-story, 192 condo mixed-used project at 333 1st St. S.



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