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  – Senior Reporter, Tampa Bay Business Journal
Image by Keller Williams St. Pete Realty