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  1. Real Estate

Gulf-front home fetches $7.25 million, priciest residential deal ever on Pinellas County beaches

This home on Redington Beach sold June 1, 2018, for $7.25 million, the top price ever paid for a house on the Pinellas County beaches. [Courtesy of Dania Perry]
This home on Redington Beach sold June 1, 2018, for $7.25 million, the top price ever paid for a house on the Pinellas County beaches. [Courtesy of Dania Perry]
Published Jun. 5, 2018

REDINGTON BEACH — In the priciest residential transaction ever on the Pinellas County beaches, an eight-bedroom, 10-bath house on the Gulf of Mexico has sold for $7.25 million.

The 8,629-square-foot house, with 120 feet fronting the gulf, was the largest beachfront residence available in the Tampa Bay area, listing agent Dania Perry said.

Built in 2003 and completely remodeled, the home has an 18-foot-high entry door, a 33-foot-high foyer, two kitchens, several bar areas and an 11-car garage. Outside is a 7,200-square-foot- pool deck with heated saltwater pool and spa and a "new, virtually transparent custom modern fence along beach," according to the listing.

The buyer is from Wisconsin, Perry said, although the name was not available Monday because the deed had not been recorded. The sellers were David Shpilt and Pamela Atkinson of London, Ontario. According to his website, Shpilt is CEO and co-founder of D.S. & FITZ, a London-based company that provides a "premier line of medical marijuana" grown in pesticide-free greenhouses.

Shpilt also co-founded the Longevity Project, which helps patients find cannabis-trained doctors and teaches them how to alleviate symptoms with cannabis therapy through its proprietary Plants Not Pills.

The largest residential transaction in the Tampa Bay area was last year's sale of Clearwater's Century Oaks estate for $11.18 million. (It's back on the market for $19 million. ) In March, the historic Stovall-Lee house on Tampa's Bayshore Boulevard sold for $9.5 million, Hillsborough County's priciest recorded deal.

Contact Susan Taylor Martin at smartin@tampabay.com or (727) 893-8642. Follow @susanskate.

RELATED COVERAGE: Historic Stovall-Lee House sells for $9.5 million, biggest-ever Hillsborough residential deal

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