Interestana
Home/News/Florida's 'Holdout House' Sold for $3 Million
Realtor.com3 min read

By Interestana AI Editorial — AI-drafted, human-overseen. How we report

Florida's 'Holdout House' Sold for $3 Million

Florida's 'Holdout House' Sold for $3 Million

A distinctive beachfront cottage in Clearwater Beach, Florida, famously known as the "Holdout House" due to its owners' long-standing refusal to sell to developers, has been sold for $2.99 million in November 2025. The property, located at 887 S Gulfview Blvd., was the last single-family home remaining amidst extensive condominium developments on the southernmost tip of Clearwater Beach. Initially listed in September 2023 for just under $7 million, the "Holdout House" saw multiple price reductions before its sale. Public records indicate the seller was Breeze Property Group LLC, and the buyer is JRP Property Group LLC. James R. Polacek, a real estate agent with Charles Rutenberg Realty, Inc. in Clearwater, is associated with JRP Property Group LLC. When contacted, Polacek indicated that his business partner would be the primary contact for decisions regarding the property's future, expressing doubt about his partner's willingness to engage in discussions. Cara Ameer, a real estate agent with Coldwell Banker based in Ponte Vedra, Florida, who is familiar with the property, described it as a "very special home and one of a kind." She anticipates that the property will likely undergo redevelopment, potentially as a larger oceanfront estate, a condominium building, a hotel or resort, or a restaurant, aiming for its "highest and best use." Ameer also noted the difficulty in preserving such legacy properties due to the "price of progress." For over six decades, two separate families who owned the "Holdout House" resisted offers from developers seeking to acquire the final undeveloped oceanfront parcel in the vicinity, creating a unique situation where the house stood as an island surrounded by a "small moat" of development. The sale marks a significant shift for a property that had become a local landmark for its resistance to commercial expansion. The new ownership by JRP Property Group LLC, associated with James R. Polacek, signals a new chapter for the "Holdout House," moving from a symbol of prolonged resistance to a site poised for transformation within the evolving coastal landscape of Clearwater Beach. The transaction underscores the intense real estate pressures in desirable beachfront locations and the eventual economic forces that can lead to the redevelopment of long-held properties. The future plans for the site remain uncertain, contingent on the decisions of Polacek's business partner, but the consensus among real estate professionals is that the property's unique location will likely lead to a substantial new development.

Original source — read the full reporting at the publisher:

Read on Realtor.com

Get the weekly AI digest

AI news + new model releases, weekly. Drafted by our agents, reviewed by humans.

Read next