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The Nolen in St Pete

Construction is set to begin soon on the 23-story condo tower named The Nolen in downtown St Petersburg, Florida. The boutique condominium building will be located at 146 4th Avenue Northeast downtown and will be 288 feet tall, with 31 apartments. DDA Development, located in Tampa, is in charge of the project, which is overseen by John Schilling and Bowen Arnold. The business just reported that it has acquired construction finance and that the building is nearly half-sold. Late last year, the corporation closed on a $36 million loan from Trust Bank and paid US$7 million for the property.

Building licenses are due to be issued this month, with the building set to begin in the second quarter of 2022, although site removal has already begun. Along with residential units, The Nolen’s foundation will have a three-story parking structure, a residential lobby, and 1,260 square feet of ground-floor retail space. The building will include 63 parking spots and 33 long-term bicycle places in total. The parking garage’s entrance and exit will be on Rowland Court, a private street. The Nolen will take roughly 18 to 20 months to build after construction begins, with a projected opening date of early 2024.

Commentary on The Nolen in St Pete

“The Nolen has demonstrated that there is a huge demand for city living that does not compromise privacy.” The fact that there are only 31 houses, each with individual entry foyers and no shared internal walls, distinguishes it from other new construction offers,” said David Moyer, Director of Sales, Developer Services. “The Nolen’s sales pace has surpassed expectations, allowing us to go ahead of schedule and into construction,” said DDA Principal Bowen Arnold. Orange Station at the Edge, a mixed-use complex planned at 1301 1st Avenue North, is also being developed by his business.

For more info on this building call Price Group 727-851-6189


This article source https://constructionreviewonline.com/ongoing-projects/the-nolen-multifamily-condo-tower-begins-construction-st-pete/

Price Group Realtors – Top 100 Sales Teams for the second quarter of 2021

August 18, 2021


Price Group @
Coldwell Banker Realty

Dear David, Brad, Lynnea, Shaun, McKenzie & Nanette,

Congratulations! It is my sincere pleasure to recognize you and your team for being named among Realogy Brokerage Group’s Top 100 Sales Teams for the second quarter of 2021.

Your team’s continued commitment to providing an unparalleled level of service to your clients is an inspiration to us all. On behalf of the Coldwell Banker family, thank you for your unwavering dedication, hard work and for allowing the nation’s largest real estate brokerage to be your partner in unparalleled success.

You have done great things this year and I look forward to seeing what your team will accomplish next. Best wishes for continued success throughout 2021!

Sincerely,

M. Ryan Gorman
President & CEO



Top 100 Sales Teams

Congratulations Price Group! We would like to recognize you and your team for being named among Realogy Brokerage Group’s Top 100 Sales Teams for the first quarter of 2021.

Your team’s continued dedication to provide an unparalleled level of service to your clients is an inspiration to us all. On behalf of the Coldwell Banker family, thank you for your unwavering commitment, hard work and for providing significant contributions to the success of the nation’s largest real estate brokerage.

Best wishes for continued success throughout 2021!

APRIL 2021 REAL ESTATE MARKET STATS

NEW LISTINGS

Gulf Beaches: 75 – $788,225 average list price

St. Petersburg: 344 – $383,938 average list price

Clearwater: 184 – $526,838 average list price

Seminole: 45 – $347,313 average list price

Largo: 75 – $308,998 average list price

Pinellas County: 1018 – $444,362 average list price

SALES

Gulf Beaches: 183 – $770,900 average sales price – 61 average days on market

St. Petersburg: 834 – $442,421 average sales price – 29 average days on market

Clearwater: 478 – $311,401 average sales price – 43 average days on market

Seminole: 133 – $311,401 average sales price – 43 average days on market

Largo: 185- $305,918 average sales price – 26 average days on market

Pinellas County: 2,645 – $419,658 average sales price – 33 average days on market

Are you interested in more detailed market information?  Thinking of selling your home?  Looking for a new nest?  Curious to know the market value of your home? 

…Contact one of the Price Group Realtors!

HISTORY OF PINELLAS COUNTY

MADEIRA BEACH

“Two Miles Long and a Smile Wide” is the happy slogan of the town and the locals refer to their little city as “Mad Beach.”

Madeira Beach incorporated in the early 1950s.  The old mom and pop motels that were so charming not so many years ago have been replaced by oceanfront condominiums.  The beach is still accessible and  is as pretty as ever.  The town is largely residential and many of the residents are snow-birds, so the place is quieter than some of the more touristy areas along the Pinellas County beaches.

Two areas in Madeira Beach draw a fair number of locals and tourist’s;

The first is John’s Pass Village, a shopping and dining venue centered along a boardwalk.  The boardwalk was built in 1980 and the area has continued to develop with the fishing village theme over the years.

The second place that draws a lot of interest, especially photographers, is The Church by the Sea.  The non-denominational church was built in the 1940s.  Although it is an attractive building, the thing that makes it popular to shutterbugs is the Spanish style tower on the church.  No matter which way you look at it, the tower resembles a giant chicken!  Locals refer to it as “the chicken church.”

According to the US Census Bureau, the city has a total area of 3.3 square miles, of which 1.0 square mile is land, and 2.2 square miles are water.  The 2020 Census reported the population to be 4,301.

In 2020 there were 258 properties that sold for an average sales price of $510,208 and an average of 116 days on market.  There are currently 16 properties listed for sale with an average list price of $721,968.

Visit this site next week when we take a closer look at North Redington Beach!

HISTORY OF PINELLAS COUNTY

LARGO


It was 1886, when the Orange Belt Railroad was coming through the area that residents came together to give their community a name.  It seemed that the railroad would only build a station if the stop had a name.  Some residents wished to name the town after the daughter of a prominent resident Gideon Blitch – Luluville.  Ultimately they chose to name their town Largo, after the town’s large lake.  (In an ironic twist, the Largo lake was completely drained by the Cross Bayou Drainage District 50 years later).  Others argue that Largo gained its name from the city of Largo, Scotland, where several of the area’s settlers came from.   Because of its central location and rich farmlands, Largo quickly became the center of the area’s citrus industry, earning the title “Citrus City.”

The town was officially incorporated in 1905, and in 1913 became the first town in Florida – and the second in the nation – to adopt a town manager form of government.  The town grew rapidly through the boom times of the 1920s. It switched back and forth from “town” to “city” a few times and became a city again in 1974.

Today, residents and visitors alike flock to Largo’s Heritage Village, an open-air historical village and museum with structures dating back to the mid-late 19th century.  The Heritage Village is adjoining the Botanical Gardens, a real hidden gem!  With 182 acres showcasing flora, fauna, and natural resources in lovely surroundings…and it’s pet friendly!

According to the US Census Bureau, the city has a total of 19.47 square miles, of which 18.48 square miles is land and 0.99 square miles is water.  The 2020 Census reported the population to be 84,948.

In 2020 there were 1,921 properties that sold for an average sales price of $252,110 and an average of 35 days on market.  There are currently 94 properties listed for sale with an average list price of $279,164.

Visit this site next week when we take a close look at Madeira Beach!

HISTORY OF PINELLAS COUNTY


KENNETH CITY

Kenneth City began as 340 acres of pasture land and was incorporated April 30, 1957 as a tax-free community of single family homes.

Kenneth City was named after developer Sidney Colen’s son Kenneth.  Several of Colen’s other projects have carried the names of his children.  He named these developments after his children not to immortalize them, but to strengthen his commitment to do the best job he could “because I would never do anything to disgrace their names.”

Colen said Kenneth City was “born as a protest of over-bearing regulations and taxes.”  He intended the town to be a model community.

The town has grown nearly ten times in size since it originated.  Kenneth City has also become a lot more active in the last few years.  The first town manager since the early days was hired in 2014.  Kenneth City has always been a very safe area.  The town has one of the lowest crime rates in the state of Florida.  In fact, its motto is “A Safe, Friendly, Small Town.”  A quick drive around the city and you will be able to see that this is an apt description.  Kenneth City has great schools, low crime and a fantastic community spirit.  The little town has accomplished a lot in just over 50 years of existence.

According to the US Census Bureau, the town has a total area of 0.7 square miles, all land.  The 2020 Census reported the population to be 5,121.

In 2020 there were 100 properties that sold for an average sales price of $182,740 and an average of 38 days on market.  There are currently 12 properties listed for sale with an average list price of $141,392.

Visit this site next week when we take a closer look at Largo!

MARCH 2021 REAL ESTATE MARKET STATS

NEW LISTINGS

Gulf Beaches: 25 – $726,567 average list price

St. Petersburg: 197 – $620,059 average list price

Clearwater: 90 – $493,003 average list price

Seminole: 34 – $372,018 average list price

Largo: 35 – $292,394 average list price

Pinellas County: 563 – $577,796 average list price

SALES

Gulf Beaches: 118 – $711,146 average sales price – 99 average days on market

St. Petersburg: 772 – $431,752 average sales price – 37 average days on market

Clearwater: 458 – $286,395 average sales price – 42 average days on market

Seminole: 114 – $308,333 average sales price – 32 average days on market

Largo: 197- $317,783 average sales price – 27 average days on market

Pinellas County: 2,528 – $397,510 average sales price – 38 average days on market

Are you interested in more detailed market information?  Thinking of selling your home?  Looking for a new nest?  Curious to know the market value of your home? 

…Contact one of the Price Group Realtors!