Record-Breaking Penthouse Sale at Roche Bobois St. Pete Tower
The luxury real estate market in St. Petersburg has reached a new pinnacle. A two-story penthouse within the highly anticipated Roche Bobois St. Pete Tower has officially sold for $13.2 million, setting a staggering new record for Tampa Bay condos at $2,727 per square foot.
The 4,840-square-foot residence is the crown jewel of the forthcoming 29-story development. Designed in collaboration between Valor Real Estate Development and iconic French furniture brand Roche Bobois, the tower represents the first designer-branded residential project in the region.
Development Highlights & Timeline
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Construction Start: Demolition of existing structures is slated for the coming weeks, with official construction beginning in Summer 2026.
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Location: The corner of 4th Street S and 4th Avenue S in downtown St. Petersburg.
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Residential Units: 164 residences, ranging from studios starting at $544,500 to the record-breaking multi-million dollar penthouses.
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Luxury Amenities: The building will feature a glass-edge jacuzzi, aquatic therapy spa, pet salon, and a 5,000-square-foot public arts plaza.
Market Impact
According to Moises Agami, CEO of Valor Real Estate Development, this landmark sale confirms growing investor confidence in St. Petersburg’s luxury tier. The project is expected to “raise the bar” for local architecture by integrating high-end French design with modern urban living.
