Overview
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About this home
650 Pinellas Point Dr S #122 is a 1967-built home in Velvet Cloake Condo, St Petersburg. Inside you'll find 1 bedrooms, 1 bathrooms, and 640 square feet of living space. Listed at $60,000 (about $94/sqft), 72 days on market. Flood zone AE - confirm flood insurance requirements with your lender. Condo dues run $630 monthly.
INVESTOR OPPORTUNITY in a WATERFRONT 55+ St. Petersburg community! Bring your vision to this 1-bedroom, 1-bath condo at 650 Pinellas Point Dr S, Unit 122. This ground-floor unit is ready for renovation and offers an excellent opportunity for an investor or buyer looking to update and add value. The real standout is the setting—a waterfront community surrounded by beautiful grounds with a community pool, clubhouse and recreation areas, fishing pier, and incredible views of Tampa Bay and the Sunshine Skyway Bridge. Enjoy easy access to I-275, Downtown St. Petersburg, area beaches, shopping, dining and nearby Bay Vista Park. With its desirable South St. Pete location and waterfront surroundings, this is a chance to transform an affordable condo into something special. Bring your ideas and see the potential!
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The essentials
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
Price history
Neighborhood
Market insights
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Sample: 38 closed condo sales in 33705 over the last 8 months, Stellar MLS. A starting point, not a guarantee.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA includes any condo dues reported on the listing. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$60,000
$94 per sq ft
Beds and baths
1 beds, 1 baths
Size
640 sq ft
Time on market
72 days
Year built
1967
Monthly payment
About $1,174/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $2,417 annual tax bill, insurance, and $630/mo in condo dues.
Condo dues
$630/mo
Managed by Sarah Harwood Sykes.
Flood zone
Zone AE
That is a high-risk designation, so a lender will normally require flood insurance. Confirm the current rate before you write an offer.
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