The resort with perhaps one of Tampa Bay’s most iconic neon signs has sold out.
The Thunderbird Beach Resort at 10700 Gulf Boulevard in Treasure Island was sold earlier this month, according to the deed registered with Pinellas County. The resort has 106 rooms and 310 linear feet of beachfront, according to a release announcing the sale.
According to the documentary stamp duty on the deed, the price of the property was approximately $25.5 million. However, this does not include the company price.
Plasencia Group, a Tampa hotel sales and consulting firm that helped facilitate the sale, declined to provide the full price and said the buyer and seller declined to comment.
According to the deed, the sellers were a Tampa homestead group that included David King as trustee of the Henry Giddens King and Patricia Ann King Trust.
“It has been a privilege to represent a vendor who has owned the resort for five decades and to tell the story of Thunderbird and Treasure Island Beach to a wider market,” said Chris Plasencia, of Plasencia Group. “We anticipate that this iconic resort will continue to thrive in its next chapter under new ownership.”
The buyer was a company called Thunderbird TI Holdings LLC, based in Hollywood, Florida.
