Active
$115,000
Est. $862/mo

650 Pinellas Point Dr S #232, St Petersburg, FL, 33705

$177/sqft·Velvet Cloake Condo

1 bd1 ba650 sqftCondominium
Listed by REALTY EXPERTS· Last updated · MLS# TB8545012

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Est. monthly payment
$862/mo
Down payment (20%)
$23,000
Property taxes
$205/mo
Rate assumed
6.8% · 30 yr
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At a glance

About this home

Ceiling Fans(s)ThermostatWindow TreatmentsCourtyardGardenSidewalkClubhouseCommunity Mailbox

650 Pinellas Point Dr S #232 is a 1967-built home in Velvet Cloake Condo, St Petersburg. Inside you'll find 1 bedrooms, 1 bathrooms, and 650 square feet of living space. Listed at $115,000 (about $177/sqft), 6 days on market. Flood zone AE - confirm flood insurance requirements with your lender.

From the listing

Enjoy waterfront community living in Velvet Cloak, a gated 55+ community overlooking the sparkling waters of Tampa Bay! This furnished one bedroom, one bath condo is filled with natural light and offers beautiful tile flooring throughout, an open kitchen overlooking the living room and relaxing views of the community pool and open green space. Thoughtful updates add to the appeal, including new windows in 2014, HVAC and water heater in 2019, refrigerator and dishwasher in 2024, a new front door in 2025, and bathroom updates including a new vanity in 2023 and toilet in 2019. The community roof was replaced in 2024. An additional storage closet located in the laundry room provides convenient space for extra belongings. Step outside and discover the waterfront lifestyle that makes Velvet Cloak so inviting. Community amenities include a heated pool, clubhouse with kitchen, waterfront seating areas, a fishing pier with water and electric, kayak storage and launch access, shuffleboard courts, grilling areas, beautifully maintained grounds, and scenic walking paths overlooking Tampa Bay. The location adds even more appeal, with Bay Vista Park right next door and within walking distance, Downtown St. Petersburg nearby, and the Gulf Beaches just a short drive away. Whether relaxing by the pool, launching a kayak, casting a line from the pier, or simply enjoying a walk along the waterfront, this condo offers an opportunity to enjoy the Florida lifestyle in a beautifully situated Tampa Bay community.

The essentials

Built
1967
Price / sqft
$177
On market
12 days
Annual tax
$2,457
Flood zone
AE
Lot
176,959 sqft
Type
Condominium

Location

650 Pinellas Point Dr S #232
St Petersburg, FL, 33705·33705 - St Pete
Type
Condominium
Year Built
1967
Lot
176,959 sqft
Cooling
Central Air
Heating
Central, Electric
Parking
-
Days on Market
12
Ceiling Fans(s)
Thermostat
Window Treatments
Courtyard
Garden
Sidewalk
Clubhouse
Community Mailbox
Gated Community - No Guard
Sidewalks
Dishwasher
Electric Water Heater
Microwave
Range
Refrigerator

Elementary

Lakewood Elementary-PN

Middle

Bay Point Middle-PN

High

Lakewood High-PN

Districts can re-zone, so verify directly with the district before relying on these.

Flood Zone AE

Annual Tax (2025)

$2,457

Parcel #

18-32-17-93839-004-2320

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

176,959 sqft

City LimitsLandscapedSidewalkPaved
Date
Event
Price
9/2/2026
Listed for sale
Source: Stellar MLS #TB8545012
$115,000+45.6%
$177/sqft
2/1/2005
Sold
Source: Pinellas County Public Record
$79,000
$122/sqft
Est. monthly payment$862/mo
Principal & interest$600
Property taxes$205
Insurance$58
Down payment20% · $23,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Offer Insights

Choose an offer strength

List price: $115,000
$114,000 – $115,000
99.5% – 100% of listTops out right at the list price
80% of listList price
17 of the last 33 condo closings in 33705 landed at this number or higher (52%). The median one sat 60 days before it went under contract, and this one is on day 12.

Sample: 33 closed condo sales in 33705 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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