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This penthouse is the most expensive condo sold in Tampa

Luxury units on Bayshore Boulevard are some of the priciest in the region.
 
The top floor of The Sanctuary on Bayshore Boulevard holds the most expensive condo in Tampa.
The top floor of The Sanctuary on Bayshore Boulevard holds the most expensive condo in Tampa. [ Courtesy of Smith & Associates Real Estate ]
Published Sept. 10, 2021

Three floors. Rooftop pool. Skyline views of Tampa. All in one condo inside a high-rise tower.

A luxury penthouse on Bayshore Boulevard sold for $7.2 million, according to Smith & Associates Real Estate, making it the most expensive condominium sale in Tampa.

The sale closed Monday. It topped a unit inside the Virage Bayshore, which sold in June for $6.9 million, according to Multiple Listing Service.

The three-story home is part of The Sanctuary at Alexandra Place, a luxury tower next to Fred Ball Park. It’s currently the largest condo in Tampa at 7,366 square feet, according to the real estate firm. It’s also bigger than Lightning captain Steven Stamkos’ new $8 million home on Davis Islands.

A rendering of the most expensive Tampa condo's living room at The Sanctuary on Bayshore Boulevard.
A rendering of the most expensive Tampa condo's living room at The Sanctuary on Bayshore Boulevard. [ Courtesy of Smith & Associates Real Estate ]

“Demand to live in The Sanctuary exceeded our expectations and proved that the Tampa Bay market is craving unique properties,” said David Moyer, director of sales for Smith & Associates Real Estate, in a statement.

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Architect Tim Clemmons of St. Petersburg’s Place Architecture designed the penthouse using inspiration from luxury units popular in Miami and New York City. It has five bedrooms, five bathrooms and includes a library, gym, media room and 20-feet-tall window walls to let in natural light and give an unblocked view of Bayshore Boulevard.

The top of The Sanctuary holds the most expensive condo sold in Tampa as of September 10, 2021. The three-floor penthouse has a private rooftop terrace.
The top of The Sanctuary holds the most expensive condo sold in Tampa as of September 10, 2021. The three-floor penthouse has a private rooftop terrace. [ Courtesy of Playbook Public Relations ]

The penthouse’s third floor is a private rooftop terrace, with an infinity pool, fire pit, outdoor kitchen and nearly 2,000 square feet of entertainment space with views of Tampa Bay and downtown Tampa.

Bob Glaser, president of the real estate firm, said in a statement this home “sets the bar” for the Tampa Bay market. And the developers of the tower, Debbie and Brian Taub, described the sale as a sign of how many homebuyers are looking for single-family homes but also the amenities in a high-rise tower.

The view looking west from the penthouse.
The view looking west from the penthouse. [ Courtesy of Smith & Associates Real Estate ]

The sale originally listed for $5.2 million, according to Multiple Listing Service. It sold for nearly 40 percent more due to personalizations and renovations the buyer requested, Moyer said.

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The closing price was $978 per square foot and the sale was completed by real estate agents Leslie Mills Minder and Mary Beth Byrd.

Times staff writer Emily L. Mahoney contributed to this report.