Make us your home page

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.


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 [email protected]

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

  1. Romano: C'mon Rick Baker, tell us how you really feel about Trump

    Local Government

    A brief timeline of presidential politics in St. Petersburg:

    Rick Baker, center,  waves to drivers while holding a sign that reads "Thank You" along with his family and supporters.
  2. In St. Petersburg mayor's race, Rick vs. Rick is also Rays vs. Rowdies


    ST. PETERSBURG — Maybe before the NFL's national anthem uproar you assumed professional sports were apolitical endeavors. You'd be dead wrong in the case of St. Petersburg's mayoral race.

    Rep. Janet Cruz D-Tampa, left, Rafaela Amador, Tampa Bay Rays Senior Director of Public Relations, center, and St. Petersburg Mayor Rick Kriseman talk with reporters during a press conference at Signature Flight Support in Tampa after returning from Ponce, Puerto Rico, on Oct. 11. (WILL VRAGOVIC   |   Times)
  3. What we've learned from the Bucs' and Bills' playoff droughts


    Is it possible for the Buccaneers and Bills to be any farther off the NFL's radar? You get the feeling schedule-makers didn't think twice about putting this one down for 1 p.m. Sunday — the let's-hope-no-one-notices time slot.

    [LOREN ELLIOTT | Times]
  4. Motorcycle driver killed after hitting turning car on Keene Road in Largo


    A motorcycle driver was killed Friday evening when he struck a turning car, Largo police said.

  5. Drive-by shooting near Robles Park injures four people standing outside in crowd


    TAMPA — Four people standing in a crowd were hit by bullets during a drive-by shooting near Robles Park in Tampa late Friday, Tampa police said.