Pinellas County home listed for nearly $13M sells — under asking price

A Belleair house listed for $12,995,000 has sold for well under the asking price, according to real estate agents Garret and Brandy Jagdmann of the Jagdmann Group at Engel and Völkers Belleair, who represented the buyer.

The large home at 140 Willadel Drive was once the residence of Marshall Rinker Jr., heir to a concrete empire that played a pivotal role in Florida's 20th-century building boom, say the Jagdmanns in a Monday news release.

The home sold for $8.7 million, according to a spokesperson for Engel and Völkers — 33% less than the asking price. Yet the homeowners will still make a gain. The home last sold for $7.1 million on Nov. 19, 2021, according to the Pinellas County property appraiser's site.