A St. Pete Retirement Community Sold For $42 Million

By Jay Wittner December 6, 2021

St. Pete’s Fountains at Boca Ciega Bay Retirement Community was bought by Welltower for $42 million. The seller was Watermark Boca Ciega Bay Owner LLC. The 434,000 sq ft facility was built in 1973 and sits on a 14 acre parcel. The property is located at 1255 Pasadena Ave. S.