St Pete Waldorf Astoria Penthouse Sold For $27M Record

A two-story penthouse atop the planned 50-story Waldorf Astoria Residences in downtown St. Petersburg, Florida, has sold for $27 million, setting a new record for the most expensive condominium in the Tampa Bay area. The 10,684 to 11,000-square-foot penthouse features luxury amenities including a private pool, custom closets, and smart home technology. This sale significantly surpasses the previous Tampa Bay record of $11.6 million for a penthouse at the Ritz-Carlton Residences in Tampa and the prior St. Petersburg record of $8.25 million at Saltaire. The Waldorf Astoria project, expected to be the tallest building on Florida’s Gulf Coast upon completion around 2030, includes 163 condominiums, office space, retail, and upscale amenities. Developers PMG and Feldman Equities noted strong demand in upscale markets like St. Petersburg, where luxury condos are increasingly sought after. This high-end sale exemplifies the expansion of luxury waterfront developments in coastal Florida beyond Miami.