St. Petersburg’s (Florida) first “car condo community,” Motocave, has officially opened its doors and is rapidly approaching full occupancy.
Situated on 3.75 acres at the northeast corner of Interstate 275 and Gandy Boulevard, the concept has already seen robust sales activity, with only seven units still available. The development features 43 car condominium units spread across five buildings, totaling approximately 55,000 square feet. Individual units range from about 900 to 2,200 square feet, with the average around 1,000 square feet.
Developed by a partnership between DDA Development, Mosk Development Co. and Commercial Partners Realty Inc., Motocave caters to the needs of car collectors seeking more than just a storage solution. Each 22-foot-tall car condo is fully customizable, with many of the owners choosing to build “up” and create a mezzanine level with a lounge area above with vehicle storage below…