Make us your home page
Instagram

Today’s top headlines delivered to you daily.

(View our Privacy Policy)

Prominent Snell-Bishop house has new owner

Built in 1928, the Snell-Bishop house at 375 Brightwaters Blvd. NE went on the market in 2009 with an $18 million price tag.

CHERIE DIEZ | Times

Built in 1928, the Snell-Bishop house at 375 Brightwaters Blvd. NE went on the market in 2009 with an $18 million price tag.

ST. PETERSBURG — More than two years after hitting the market for $18 million, the historic Snell-Bishop house on Snell Isle is under new ownership.

Toby Oldham, a representative of American National Investments, confirmed that the Tampa-based investment company is the new owner of the 10,000-square-foot house that sits on 1.6 acres at 375 Brightwaters Blvd. NE. Oldham, who also has an interest in the Fox Jazz Cafe in Tampa's West Shore district, said the prominent house will not go back on the market in the near future.

"The house needs a lot of work. The property needs a lot of work," he said. "We're going to see what we can do with it."

Public records aren't yet available to show what American National Investments paid for the property.

The house was built in 1928 by developer Perry Snell and was then home to syndicated cartoonist Wally Bishop and his family for 65 years.

Michelle and David Rau bought the house for $5.1 million in 2006 and made extensive renovations. In 2009 they put it up for sale with an asking price of $18 million. They eventually reduced the price and listed the property as two separate parcels, one with the house for $7.5 million and an empty lot for $3.5 million.

The city has not been approached about splitting the property, said Philip Lazzara, zoning official for the city's planning and economic development department.

In May 2010, Branch Banking and Trust Co. filed for mortgage foreclosure against David Rau. The suit has slogged through the court system for almost two years with little action.

The clerk of court notified both parties on March 14 that it will be dismissed on May 14 due to lack of prosecution.

The Raus' attorney, Jay Verona, declined to comment.

Times researcher Natalie Watson contributed to this report. Katherine Snow Smith can be reached at (727) 893-8785 or kssmith@tampabay.com.

Prominent Snell-Bishop house has new owner 03/31/12 [Last modified: Saturday, March 31, 2012 1:00pm]
Photo reprints | Article reprints

© 2017 Tampa Bay Times

    

Join the discussion: Click to view comments, add yours

Loading...
  1. Bullpen melts down as Rays lose to Orioles (w/video)

    The Heater

    ST. PETERSBURG — Jacob Faria allowed his first two big-league home runs and was touched for a career-high three runs Saturday by the Orioles. Other than that, the rookie making his fourth major-league start did okay against the Baltimore bats.

    The bullpen, not so much.

    Tampa Bay Rays relief pitcher Jumbo Diaz wipes his face as he walks off the mound after the Baltimore Orioles scored four runs during the eighth inning of a baseball game Saturday, June 24, 2017, in St. Petersburg, Fla. (AP Photo/Chris O'Meara) SPD118
  2. Lightning shifts search for defense to free agency

    Lightning Strikes

    CHICAGO — As much as he tried, Lightning general manager Steve Yzerman left the weekend's draft without acquiring another top-four defenseman.

    Tampa Bay Lightning general manager Steve Yzerman gestures as he speaks to the media about recent trades during a news conference before an NHL hockey game against the Carolina Hurricanes Wednesday, March 1, 2017, in Tampa, Fla. The Lightning, over the past few days, have traded goaltender Ben Bishop to the Los Angeles Kings, forward Brian Boyle to the Toronto Maple Leafs, and forward Valtteri Filppula to the Philadelphia Flyers. (AP Photo/Chris O'Meara) TPA101
  3. Half of Florida lawmakers fail or nearly fail review of support for public records

    State Roundup

    WEST PALM BEACH — Half of Florida's legislators failed or nearly failed in a review of their support for public records and meetings given by Florida newspapers and an open-government group after this year's legislative sessions.

    State Senator Bill Galvano, R- Bradenton (left) and Florida House Speaker Richard Corcoran ranked on opposite sides of the spectrum in an analysis of support for open records. Galvano scored a B-minus and Corcoran scored a D-plus.
[Times file photo]
  4. Yale dean on leave over offensive Yelp reviews leaves post

    Bizarre News

    NEW HAVEN, Conn. — A Yale University dean who was placed on leave over offensive reviews she posted on Yelp has left her position at the Ivy League institution, school officials said Tuesday.

  5. Federal agencies demand records from SeaWorld theme park

    Tourism

    ORLANDO — Two federal agencies are reportedly demanding financial records from SeaWorld.

    Killer whales Ikaika and Corky participate in behaviors commonly done in the wild during SeaWorld's Killer Whale educational presentation in this photo from Jan. 9. SeaWorld has been subpoenaed by two federal agencies for comments that executives and the company made in August 2014 about the impact from the "Blackfish" documentary. 
[Nelvin C. Cepeda/San Diego Union-Tribune/TNS]