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PO Box 1212 Tampa, FL 33601 Pinellas Updated November 2024
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RETURN TO NEWS INDEX SALES AND TAXES ARE UP In recent years, the frequent buying and selling of shopping centers is helping their taxable values surge. Even centers that haven't been sold are being affected. Some recently sold centers and their taxable value increases: HILLSBOROUGH COUNTY •Colony Crossings 10005 W. Hillsborough Ave., Tampa Most recent sale: $15.6 million (Jan. 2006) Anchor tenant: Publix Owner: Colony Crossing SDM LLC, Tarpon Springs 2006 taxable value: $13.97 million 2005: $10.82 million 2004: $9.66 million 2003: $9.08 million •Sun Point Shopping Center 3040 College Ave., Ruskin Most recent sale: $7.5 million (May 2006) Anchor tenant: Bealls Owner: Equity One, North Miami Beach 2006 taxable value: $6.75 million 2005: $4.93 million 2004: $4.9 million 2003: $4.65 million •Westgate Shopping Center 12020 Anderson Road, Tampa Most recent sale: $9.6 million (Feb. 2005) Owner: PMAT Real Estate Investments, Mandeville, La. 2006 taxable value: $7.95 million 2005: $7.76 million 2004: $6.22 million 2003: $5.87 million PINELLAS COUNTY •Seabreeze Plaza 30505 U.S. 19 N., Palm Harbor Most recent sale: $26.2 million (Dec. 2005) Owner: Saul Holdings, Bethesda, Md. 2006 taxable value: $22 million 2005: $16 million 2004: $14.1 million 2003: $8.5 million •East Lake Woodlands 3400 East Lake Road, Palm Harbor Most recent sale: $28.89 million (Sept. 2006) Owner: Weingarten Realty Investors, Houston 2006 taxable value: $15.02 million 2005: $14.35 million 2004: $13 million 2003: $11.8 million •Tyrone Gardens 1050 58th St. N., St. Petersburg Most recent sale: $19 million (June 2006) Owner: Joint venture by Sembler Co. of St. Petersburg and New Plan Excel Realty Trust of New York 2006 taxable value: $14.6 million 2005: $11.1 million 2004: $10.8 million 2003: $10.6 million |
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