650 PINELLAS POINT DRIVE S UNIT 122 ST PETERSBURG FL 33705 | MLS #TB8535699

650 PINELLAS POINT DRIVE S UNIT 122
ST PETERSBURG, FL, 33705
$65,000
1 Beds
1 Baths
640 SqFt
4.07 Acres
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MLS #TB8535699 image #0
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!

Property Details

Price:
$65,000
MLS #:
TB8535699
Status:
Active
Beds:
1
Baths:
1
Type:
Condo
Subtype:
Condominium
Subdivision:
VELVET CLOAKE CONDO
Neighborhood:
33705stpete
Listed Date:
Aug 11, 2026
Finished Sq Ft:
640
Total Sq Ft:
640
Lot Size:
177,244 sqft / 4.07 acres (approx)
Year Built:
1967
PoolPrimary Bedroom Main FloorCommunity 55 Plus33705 – St Pete33705stpeteVelvet Cloake CondoBuyer And Buyer’s Agent To Verify Leasing Restrictions And Hoa Requirements Directly With The Hoa1 Month

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Schools

Interior

Appliances
Dishwasher, Microwave, Range, Refrigerator
Bathrooms
1 Full Bathroom
Cooling
Central Air
Flooring
Carpet, Concrete
Heating
Other
Interior Features
Primary Bedroom Main Floor
Laundry Features
Other
Levels
One

Exterior

Community
55+
Community Features
Gated Community – No Guard, Pool
Construction Materials
Block
Direction Faces
West
Exterior Features
None
Roof
Shingle
Senior Community YN
1

Financial

HOA Fee Frequency
Monthly
HOA Includes
Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Internet, Maintenance Grounds, Pool Maintenance
HOA Name
Sarah Harwood Sykes
HOA Phone
727-573-9300
Tax Year
2025
Taxes
$2,417

Map

Community

Subdivisions in ST PETERSBURG

Market Summary

Current real estate data for Condo in ST PETERSBURG as of Aug 15, 2026
950
Condo Listed
129
Avg DOM
360
Avg $ / SqFt
$542,534
Avg List Price

Property Summary

    Located in the VELVET CLOAKE CONDO subdivision, 650 PINELLAS POINT DRIVE S UNIT 122 ST PETERSBURG FL is a Condo for sale in ST PETERSBURG, FL, 33705. It is listed for $65,000 and features 1 beds, 1 baths, and has approximately 640 square feet of living space, and was originally constructed in 1967. The current price per square foot is $102. The average price per square foot for Condo listings in ST PETERSBURG is $360. The average listing price for Condo in ST PETERSBURG is $542,534. To schedule a showing of MLS#tb8535699 at 650 PINELLAS POINT DRIVE S UNIT 122 in ST PETERSBURG, FL, contact your CENTURY 21 Carioti agent at 2392986550.

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650 PINELLAS POINT DRIVE S UNIT 122
ST PETERSBURG, FL