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Active
$65,000
650 Pinellas Point Dr S #122, St Petersburg, FL, 33705
$102/sqft·Velvet Cloake Condo
Est. $339/moSee payment1
beds
1
baths
640
sqft
-
garage
Listed by LPT REALTY, LLC· Last updated · MLS# TB8535699
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About this home
Primary Bedroom Main FloorGated Community - No GuardPoolDishwasherMicrowaveRangeRefrigerator
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 $65,000 (about $102/sqft), 0 days on market. Flood zone AE - confirm flood insurance requirements with your lender.
From the listing
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!
The essentials
Built
1967
Price / sqft
$102
On market
15 days
Annual tax
$2,417
Flood zone
AE
Lot
177,244 sqft
Type
Condominium
Location
Type
Condominium
Year Built
1967
Lot
177,244 sqft
Cooling
Central Air
Heating
Other
Parking
-
Days on Market
15
Primary Bedroom Main Floor
Gated Community - No Guard
Pool
Dishwasher
Microwave
Range
Refrigerator
Flood Zone AE
Annual Tax (2025)
$2,417
Parcel #
18-32-17-93839-002-1220
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
Subdivision
Velvet Cloake Condo
County
Pinellas
MLS Area
33705 - St Pete
Lot Size
177,244 sqft
Date
Event
Price
8/11/2026
Listed for sale
Source: Stellar MLS #TB8535699
$65,000
$102/sqft
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Loan Details
$100K$2M
Your Results
Total Monthly Payment
$840
Principal, interest, tax, insurance
- P&I$339
- Tax$201
- Insurance$300
Loan Amount
$52,000
Down Payment %
20.0%
First Year Summary
Principal
$549
Interest
$3,519
Balance
$51,451
Total Interest
$70,040
Total Cost
$122,040
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