ST. PETERSBURG, Fla. (July 25, 2023) – Bridgewater Commercial Real Estate announces the sale of a 5,654-square-foot retail building at 3350 Tyrone Blvd. N. for $1.75 million or $310 per square foot.
The free-standing concrete block building – passersby note its eye-catching Sunshine Skyway mural — has been the home of the popular Reef & Reel fishing outfitter and tackle shop. The high-end retailer will continue to operate at a different location and customers can always purchase merchandise at www.reefandreel.com.
The buyer, JoyUs2 LLC, was represented by Griffin Alstott of Hybridge Commercial Real Estate.
“These buyers are getting a nicely updated building with easy access to the beaches, Downtown St. Petersburg, and near the Tyrone Square shopping and dining district. The fully fenced parcel is more than a half an acre in size and offers plenty of parking. It’s not in a flood zone either, which is a big deal in 2023,” listing agent Dee Maret said. Maret co-listed the property with Kris Dumke, the broker for Bridgewater Commercial.
The sellers, LH Venture Holdings LLC, purchased the property in December 2020 for $875,000 or $155 per square foot.
