Largo, FL – September 16, 2025 – Florida ROI is pleased to announce the successful off-market sale of the neighborhood shopping center located at 2926 Roosevelt Blvd in Largo, Florida. The property, which closed on September 2, 2025, sold for $3.33 million.
The center is strategically located near St. Pete–Clearwater International Airport (PIE) and East Bay Drive, one of the area’s most important retail corridors. Current tenants include Cell Touch Wireless and the popular local restaurant El Molcajete Mexican Restaurant.
The property was previously managed by Florida Investment Real Estate (FIRE), an affiliate of Florida ROI, and will continue to be managed by FIRE for the new ownership. The buyer views this acquisition as a value-add opportunity and intends to invest in upgrades to the property to enhance long-term tenant and community value.
“This transaction reflects the continued strength of neighborhood centers in the Tampa Bay region, particularly those located along established retail corridors,” said Eric Odum, Broker for Florida ROI. “We were pleased to structure an off-market sale that provided a seamless transition for both buyer and seller, with management continuity provided by our affiliate, FIRE.”
