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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, 12 November 2020 / Published in Housing Market, Local, Luxury, Real Estate, South Tampa, Tampa Bay

Home on South Tampa’s Sunset Park waterfront has sold for $5.45 million

A mansion on the South Tampa waterfront is the latest in a series of big luxury sales in 2020, clocking in at $5.45 million.

The sale of the home at 5157 W San Jose St. closed on Friday, according to the Multiple Listing Service. The sellers, Chunilal and Kanta Shah, paid $1.1 million for the property — a third of an acre — in late 2002, and the home was completed in 2007, according to Hillsborough County property records.

A deed for the transaction has not yet been filed. It is 7,110 square feet and has five bedrooms and five bathrooms, according to property records.

Jeff Shelton with Hughes Shelton Realtors, Coldwell Banker Residential Real Estate, brought the buyer. Divya Shivdasani and Jac Smith with Keller Williams St. Pete Realty were the listing agents.

The Sunset Park waterfront is defined by fingers of land that jut out into Old Tampa Bay. This home is positioned on the tip of one of those fingers, with wraparound verandas and terraces to maximize the views.

Tampa Bay’s luxury real estate market has been particularly active in 2020. One factor, agents say, is out-of-state buyers fleeing densely populated areas like Chicago and the Northeast in the wake of the novel coronavirus pandemic.

 


By Ashley Gurbal Kritzer  – Senior Reporter, Tampa Bay Business Journal
Image by Keller Williams St. Pete Realty
Tagged under: Best Performing Cities, buy, Buyers, buyers agent, Florida, Florida Real Estate, florida real estate market, Home Sales, Homes Sales, HughesShelton, Local, Luxury, Market, News, Sales, sell, South Tampa, Tampa, Tampa Bay, tampa bay market, tampa market, tampa real estate market, Waterfront
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  • Water Street Tampa, More Than Two Years and 5 Million Square Feet into Vertical Construction, Takes Shape as a Mini City
  • Florida and Tampa home values projected to outpace much of the US by 2030
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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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