NEWS: Davis Islands home sale is a new record

By Ashley Gurbal Kritzer – Real Estate Editor, Tampa Bay Business Journal

Sep 26, 2022 from https://www.bizjournals.com/tampabay/news/2022/09/26/tampa-bay-home-sales-price-per-square-foot.html?b=1664192117%5E22143437&j=29235554&senddate=2022-10-01&utm_campaign=we&utm_content=TA&utm_medium=en&utm_source=st

A Davis Islands home has sold for $15 million, setting a record price per square foot for #Hillsborough and #Pinellas counties.

The home at 78 Adalia Ave. sold for $2,137 per square foot, according to the Multiple Listing Service (#MLS).

The $1,000 per-square-foot threshold is one that luxury home sales in Hillsborough and Pinellas counties did not regularly cross until 2020. An influx of luxury buyers from New York and California sent prices to new records.

The home hit the market in June priced at $16 million. It is the highest-priced home sale for Hillsborough and Pinellas so far in 2022; another home also sold 2022's second-highest priced home in those counties: 48 Adalia Ave. sold on Sept. 16 for $12.3 million.

The sellers, Mark and Natalia Levey, have owned the property since 2012 and built the 7,017-square-foot home in 2015, according to Hillsborough County property records.

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