ST. PETERSBURG, Fla., April 9, 2021 /PRNewswire-PRWeb/ -- Low inventory has made Tampa Bay's luxury market hyper-competitive. Smith & Associates Real Estate announces a record-breaking sale in downtown St. Petersburg. The Bliss penthouse sale closed for $4,600,000, which is the highest condo sale in Pinellas County this year. Condominium real estate prices for the area have been trending upward amid the movement to relocate to top Sunshine Belt cities and work from home trends.
"The Bliss penthouse is the epitome of luxury and this sale is just one indicator of how desirable spacious properties are in our current marketplace," says Bob Glaser, CEO & President, Smith & Associates Real Estate.
Christopher Pitre & Ali Bearnarth were the listing agents and remarked that this was the premier listing in the luxury condo tower and appealed to their out-of-town buyer's needs.
The extraordinary two-story penthouse has an open floor plan that offers spectacular panoramic waterfront and city views of Downtown St. Petersburg from the oversized floor-to-ceiling windows that encase the entire home. This visually stunning 4,200+ SF residence features 4 bedrooms, 4.5 baths, 2 oversized balconies, 4 parking spaces, a private elevator inside the home, and a gourmet chef's kitchen with WOLF appliances.
Located at 176 4th Avenue NE 1801 St Petersburg, FL 33701, the home offers the ultimate privacy with no shared walls and the intimacy of a boutique condo tower with only 29 homes that overlook Beach Drive and the newly constructed Pier in Downtown St. Pete.
Address: 176 4th Avenue NE #1801 | St. Petersburg
Video Link: https://youtu.be/8A89fNTwqUc
About Smith & Associates Real Estate
Founded in 1969, Smith & Associates Real Estate is Tampa Bay's largest independent and locally-owned real estate brokerage, with a commitment to exceptional service and superior market knowledge. Deeply embedded in the community and comprised of six strategically located offices in the Tampa Bay area, 280 associates, an annual sales volume of $1.6 billion, and over 2,660 transactions a year. Smith & Associates Real Estate is the number one luxury brokerage firm of $1M + residences with 15.4% of the market share and an average price of $1.87M* (*average of luxury transactions as of December 31, 2020). The company completes seven transactions per day and is a nationally recognized leader in the Real Estate industry.
For more information on Smith & Associates Real Estate, please visit smithandassociates.com.
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SOURCE Smith & Associates Real Estate