News about properties and real estate
A Tampa company that got its start in the arcane business of bidding on tax deeds is embarking on its first condo project — two buildings in downtown St. Petersburg with a total of up to 78 units. The condos will replace several old houses at Third Avenue S and Fifth Street in an area …
Continue reading “Tampa company EquiAlt to build its first condos in downtown St. Petersburg”
Mornings at the Dickens House revolve around a large, tiger oak table. Guests at the St. Petersburg bed and breakfast plop down around it each morning to nibble on fresh fruit and pastries before innkeeper Ed Caldwell sets down a plate of egg-white frittata or blueberry pancakes. He had the table custom made for the …
Continue reading “Bed-and-breakfast owners closing their doors blame Airbnb, local government”
An affiliate of Strategic Property Partners has purchased a historic downtown building for use as its office space as it forges ahead with a massive redevelopment of the Channel District. 802 Whiting LLC acquired a 1920s-era building at 802 E. Whiting that housed a paper company and wholesale grocer before becoming the District 3 event …
A Florida jury on Thursday awarded $43.9 million to an investment group that includes billionaire Wayne Huizenga and former Miami Dolphins quarterback Dan Marino for a condominium project that failed financially after a Wachovia employee sent out confidential contact information to more than 100 condominium buyers. The jurors in Fort Lauderdale hit Wachovia Mortgage Corp. …
Continue reading “Fla. Jury Awards $44M To Investors In Failed Condo Project”
Pinellas, Pasco and Hernando counties also showed dramatic increases as buyers vied for an exceedingly tight supply of single-family homes — Pasco had less than a three-month inventory. And even though interest rates have risen slightly since the presidential election, there is little sign the market is slowing down. “We haven’t noticed any impact yet,” …
Continue reading “The price of homes in the Tampa Bay area continues to soar”
At trillions of dollars, it’s no secret that the real estate market has been one of primary resources for the world’s wealthy to to pad their accounts. But contrary to popular opinion, real estate is still a desirable asset class for entrepreneurs with smaller bank accounts. Individuals who budget wisely and do their research can …
Continue reading “5 Tips for Investors With Limited Cash to Purchase Their First Properties”