Smith & Associates Real Estate Announces Record-Breaking Penthouse Sale in St. Petersburg, Florida
Saint Petersburg, FL (May 3, 2024)
Smith & Associates Real Estate & listing agent, Jacki Fabrizio, proudly announces the record-breaking sale of the Saltaire penthouse for $8,250,000. The sale of the penthouse sets a new benchmark for luxury real estate in St. Petersburg. It is the highest-priced condo sale in the history of St. Pete. The penthouse is also the highest-priced condo sale in the entire Tampa Bay area for this year AND has secured its place as the 3rd highest condo sale in Tampa Bay's history. Smith & Associates represented both sides of the landmark transaction.
Jacki Fabrizio, with Smith and Associates Real Estate, brought this unique property to market in February and successfully closed this iconic residence in three months, along with colleague Chris Pitre, a Realtor with Smith & Associates Real Estate, who represented the buyers.
"Not only is this a top sale, but the penthouse was sold finishless as a blank slate, with the amenities of Saltaire, the downtown St. Pete location, and the spectacular city and water views being the priority. The new owner has an incredible vision for this residence and will be able to completely customize the home’s interior design," says Fabrizio.
Perched on Saltaire’s 35th floor, the penthouse offers over 6,100 square feet of unparalleled potential and boasts over 1,700 square feet of private outdoor space spread across three balconies. The penthouse offers breathtaking 280-degree views, from the shimmering waters of Tampa Bay to the sun-kissed beaches along the horizon. Saltaire’s penthouse has four bedrooms, 5.5 baths, a sprawling living space, and access to a suite of Saltaire amenities.
With this sale, Smith & Associates further solidifies its position as a key player in St. Pete's luxury real estate market, having been involved in 8 of the ten highest condo sales in the city's history.
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LISTING LINK: 301 1st Street S 3502, Saint Petersburg FL
About Smith & Associates Real Estate
Founded in 1969, Smith & Associates Real Estate is Tampa Bay's largest independent and locally-owned real estate brokerage, known for their commitment to exceptional service and superior market knowledge. Deeply embedded in the community and comprised of five strategically located offices in the Tampa Bay area, Smith & Associates Real Estate is the number one brokerage for luxury properties and new condominium developments. For more information on Smith & Associates Real Estate, please visit smithandassociates.com.
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