Paradise Ventures, family buy Marina Village

BUYER: PV-Marina Village LLC (principal: Charles Ernst Jr.), Safety Harbor
SELLER: Duluth Developers LLC
PROPERTY: 4701-4949 34th St. S., St. Petersburg
PRICE: $3.88 million
PREVIOUS PRICE: $1.07 million, July 2002
LAW FIRM ON DEED: Fuentes & Kreischer PA, Tampa

PLANS, DESCRIPTION: A joint venture of Paradise Ventures of Safety Harbor and the Digiannantonio family's ADJ-DIG LLC purchased the 61,757-square-foot Marina Village in Pinellas County for $3.88 million.

The price equated to $63 per unit. That figure is lower than the two-year average price per square foot for retail space ($146) in the Tampa Bay area, according to the CoStar Group.