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Hughes Shelton Group | Tampa Luxury RealtorsHughes Shelton Group | Tampa Luxury Realtors

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Hughes Shelton Group
Hughes Shelton Group
Thursday, 01 June 2017 / Published in Housing Market, Investors, Local, Luxury, Real Estate, South Tampa, Tampa Bay

$6.4M home sold on Tampa waterfront

A sprawling mansion on the Westshore waterfront has been sold fully furnished for $6.4 million.

The Culbreath Isles home at 4942 St. Croix Drive hit the market quietly in July 2016, priced at close to $8 million. The sellers, Harvey and Cheryl Adams, put the home up for sale because they are downsizing.

The home at 4942 Saint Croix Drive is more than 8,000 square feet and features deep water access and unobstructed bay views. Click through for a virtual tour of the property.

VIEW SLIDESHOW
24 photos

The home at 4942 Saint Croix Drive is more than 8,000 square feet and features deep water… more

The sales price is a 17 percent discount from the original listing price, but it is the highest priced home to sell in Hillsborough County so far this year, according to Coldwell Banker Residential Real Estate, which announced the sale Wednesday morning.

Coldwell Banker’s Hughes Shelton Realtors team listed the property for sale.

The original list price was a “reach,” said listing agent Jeff Shelton. When the list price was dropped to $6.895 million in January, Shelton said he received multiple offers. The home went under contract in early March with a backup offer in place, he said.

The home, which was custom designed and sits in a gated community, has five bedrooms, four bathrooms and two partial bathrooms. It encompasses close to 8,000 square feet, nearly 6,700 square feet of which is living space.

It also has deep water access and unobstructed views of the bay — from the dock, Shelton previously told the Tampa Bay Business Journal, you can “see all the way to downtown St. Pete.”

A deed for the transaction has not yet been filed. Coldwell Banker did not disclose the buyer. When the property hit the market, Shelton told the TBBJ that several professional athletes were interested in it.

“If this record holds for the rest of the year, this will be the third straight year that our team has represented either the buyer or the seller in the highest sale in the county,” Shelton said in a statement.

View the photo gallery for a tour of the home.

Ashley Gurbal Kritzer is senior reporter for the Tampa Bay Business Journal.

Tagged under: Best Performing Cities, Buyers, Coldwell Banker, Florida, Highest Sale, Hillsborough County, Home Sales, Hughes Shelton Realtors, Luxury, Real Estate, South Tampa, Tampa, Tampa Bay, Waterfront
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Hughes Shelton Group | Tampa Luxury Realtors

Hughes Shelton Group is a team of real estate agents affiliated with compass, a licensed real estate broker and abides by equal housing opportunity laws. all material presented herein is intended for informational purposes only. information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. no statement is made as to accuracy of any description. all measurements and square footages are approximate. this is not intended to solicit property already listed. nothing herein shall be construed as legal, accounting or other professional advice outside the realm of real estate brokerage.

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