ST. PETERSBURG, Fla. (April 11, 2022) – Bridgewater Commercial Real Estate is pleased to announce the sale of 2857 Executive Drive for $1.05 million. The 8,572 square foot, two-story office condo will be the new headquarters for Tibbett’s Lumber. While the buyers intend to complete substantial renovations, the building currently contains an atrium and reception area, 15 private offices, ample open co-working space, and a recording studio, listing agent Davis Nunneley said.
This sale, which closed on April 8, is the 3rd highest price vacant office condo sale in Pinellas county in the past 10 years. The property is located just north of Ulmerton Road.
“The Gateway District’s proximity to St. Pete-Clearwater International Airport, I-275, and U.S. Hwy. 19 provides easy access for workers commuting from St. Pete, Tampa, Clearwater, and the surrounding areas. With employers such as Raymond James and Jabil, we are confident that the area will continue to grow its professional presence and serve Tibbett’s for years to come,” Nunneley said.