By Associated Press - Monday, October 31, 2016

SAFETY HARBOR, Fla. (AP) - A contemporary estate has sold for $6.875 million, the highest amount for a single-family home in the Tampa Bay area in three years.

The Tampa Bay Times reports (https://bit.ly/2dPHpqg ) the transaction that closed Friday is the second-priciest this year for any type of residence.

The 9,365-square-foot Safety Harbor home has six bedrooms and six bathrooms. It was built in 2002 on 10 waterfront acres.

People were interested in these podcasts

The buyer hasn’t been publicly identified. The sellers were Kung-Ti Yen and his wife, who bought the site in 1998 for $750,000. Florida corporate records show Kung-Ti Yen has been associated with the Big Easy Cajun chain of restaurants.

The sale of the Safety Harbor property was exceeded only by the $6.9 million paid in May for a penthouse in St. Petersburg’s Ovation condo tower.

___

Information from: Tampa Bay Times (St. Petersburg, Fla.), https://www.tampabay.com.

Copyright © 2026 The Washington Times, LLC.

Please read our comment policy before commenting.