L3 Capital Buys 1246 Central Ave building and Moxy hotel street-level retail in Tampa Bay

SaleRetailSt. Petersburg / Pinellas

Reported Oct 6, 2026 · Source: St. Pete Rising

Source: St. Pete RisingRead the full report at St. Pete Rising ↗

Deal details

Buyer
L3 Capital
Seller
PTM Partners (the 163-room Moxy hotel itself is not included)
Price
$12M
Size
27,261 SF building plus 3,407 SF of retail
Asset class
Retail
Transaction
Sale
Sub-market
St. Petersburg / Pinellas
Metro
Tampa Bay
Reported date
Oct 6, 2026

Summary

St. Pete Rising reported on Oct 6, 2026 that L3 Capital bought 1246 Central Ave building and Moxy hotel street-level retail (27,261 SF building plus 3,407 SF of retail) in St. Petersburg / Pinellas, Tampa Bay from PTM Partners, at a reported price of $12M. We opened the original article but could not confirm this deal's details in it, so details beyond the headline aren't confirmed.

Source: St. Pete Rising

Read the full report at St. Pete Rising.

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Compiled from public sources; details can differ between sources. Always verify with the linked source.