The Spanish-inspired Gulfport property, located at 6315 11th Ave. S will start at $650,000, will be auctioned off online, hosted by Palo Alto-based real estate technology company Propy, who will mint the property rights into a digital token.
Last year, Propy sold TechCrunch founder Michael Arrington’s apartment in Kiev as an NFT – making this Florida addition the next development in the beginning stages of how NFTs can be used for real-world transactions.
Leslie Alessandra, the current owner of the property, is also a local real estate investor and founder of Tampa Bay blockchain company DeFi Unlimited, who said she chose to list the home as an NFT to showcase the use of the evolving technology.
