Clearwater Beach Retail Sells for $28M


Tupelo, Inc. purchased the retail building at 499 Mandalay Ave. in Clearwater Beach, FL from Mandalay Building Partnership for $2.75 million, or about $508 per square foot. The two-story, 5,411-square-foot storefront and residential building was constructed in 1950 on one-tenth of an acre in the North Pinellas County submarket of Tampa / St. Petersburg. Nick Ganey of KW Commercial represented the seller, and was the sole broker in the sale...

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