The Pinellas County real estate market continues to show robust activity, with several notable transactions reported this week across St. Petersburg, Clearwater, and Dunedin. These deals reflect both historic property preservation and new commercial development, supporting local jobs and community growth.

Historic 4th Street restaurant sold for $4 million

Matthew Powers, owner of Mad Beach Craft Brewing Company in Madeira Beach, sold the former Sesh Brewing Company location at 2221 4th Street N., St. Petersburg for $4 million. Powers originally purchased the property in 2021 under the name John’s Pass Enterprises, LLC for $1.43 million after The Melting Pot closed there in 2020. He and his partner opened Sesh in April 2023, but the restaurant ceased operations late last year.

The 7,630‑square‑foot building, constructed in 1930 by woodcarver Earl Gresh, sits on four parcels totaling 0.47 acre and includes a 25‑space parking lot. The buyer, Avenue T. Hospitality Group of Nashville, operates two restaurant brands: Luogo, an upscale coastal‑inspired concept, and Pelato, a casual Italian eatery with locations in Tennessee and South Carolina.

Clearwater Beach estate listed at $2.9 million

An 8,381‑square‑foot, three‑story estate at 980 Bay Esplanade in the Carlouel neighborhood of Clearwater Beach is now on the market for $2.9 million. Built in 2002, the home offers five bedrooms, six full baths, a chef’s kitchen with a 12‑burner gas range, and a rooftop terrace with 360‑degree views of the Intracoastal Waterway and the Gulf of Mexico.

The property also features a resort‑style pool with a grotto, slide, and waterfall, as well as an attached garage with five parking spaces and two electric‑vehicle chargers. The seller, represented by Anna Dementov of Florida Luxury Group, bought the home in 2013 for $1.28 million.

Warehouse Arts District double‑lot goes on market

Two connected warehouse buildings at 2221 2nd Avenue S., St. Petersburg’s Warehouse Arts District, are now listed for sale. The combined 3,118 square‑feet of heated space, built in the 1950s, is divided into five sections that can be reconfigured by opening interior roll‑up doors. An adjacent vacant lot provides additional parking and driveway access.

The seller acquired the parcels in 2000 for $50,000. Jon Reno La Budde of AXXOS Commercial Real Estate is handling the listing.

Historic Pineapple House sells for $1.4 million

The 2,765‑square‑foot 1934‑built home known locally as the Historic Pineapple House, located at 105 21st Avenue, St. Pete Beach, sold on October 1 for $1.4 million, matching its June listing price. The two‑story property includes a three‑bedroom main residence and a two‑bedroom guest house, with the option to combine them into a five‑bedroom, four‑bath home.

Original features such as tongue‑and‑groove ceilings, exposed wood beams, and hardwood floors remain intact, while the kitchen has been updated with shaker cabinets, stone countertops, and stainless‑steel appliances. The seller, represented by Brandon Tecklenburg and Christina Perkins of EXP Realty, purchased the house in 2019 for $740,000.

Clearwater multi‑building apartment complex listed for $2.1 million

A 14‑unit apartment complex at 309‑312 Avanda Court, Clearwater, is listed for $2.1 million. The three two‑story buildings, constructed in 1968, provide 9,800 square feet of rentable space with rents ranging from $941 to $2,000 per month. Tenants pay for electricity and cable, while water, sewer, trash, and pest control are covered by the property management.

The seller, Comfort Management Corp., bought the three parcels between 2017 and 2019 for a total of $874,500. Listing contacts are Zach Brown, Ned Roberts, and Jason Hague of Marcus & Millichap – RPH Multifamily Group.

Dunedin mixed‑use property on the market for $1.6 million

A two‑story mixed‑use building at 1000 Bass Blvd., downtown Dunedin, is listed for $1.6 million. Built in 2009, the 3,333‑square‑foot structure offers a ground‑floor commercial space with lobby, conference room, kitchen, and living area, and an upper residential floor with two bedrooms, a family room, and a full bathroom. An elevator and staircase connect the levels, and the property includes two garage spaces and ten dedicated parking spots.

The lot, 0.17 acre, sits at a signalized corner on Main Street, seeing roughly 17,000 vehicles daily. The seller bought the property in 2006 for $250,000; Terry Yoder of International Top Agents Realty is the listing agent.

These transactions illustrate the diverse opportunities within Pinellas County, from historic residential homes to commercial warehouse spaces and multi‑unit rentals, reinforcing the region’s appeal to investors, entrepreneurs, and families alike.

Original reporting: St. Pete Catalyst — read the source article.