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650 PINELLAS POINT DRIVE S UNIT #205

Condo/Co-op Active With Contract
$115,000

BTC: 1.40629777

ETH: 47.28618421

-$14K (2026/04/22)
155 days
1 bds
1 ba
640 sqft

Overview

Under contract-accepting backup offers. Located in the 55+ waterfront community of Velvet Cloake along Tampa Bay, this 1-bedroom, 1-bath condo offers comfortable living in a peaceful setting just minutes from Downtown St. Petersburg and the Gulf beaches. The unit provides many improvements in 2021, including new central A/C, new windows, and a new water heater. The bathroom has been tastefully renovated with updated finishes and fixtures, creating a clean, modern feel. The layout offers a functional living and dining space, a spacious bedroom with ample closet storage, and additional dedicated storage included with the unit. Community laundry facilities are conveniently located nearby for easy access. Residents of Velvet Cloake enjoy a heated pool, clubhouse with kitchen, waterfront seating areas, fishing pier with water and electric, kayak storage and launch access, shuffleboard courts, and beautifully maintained grounds. An ideal option for year-round living or a seasonal residence in a well-kept waterfront community.

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
1967
Lot:
4.07 Acres
Heating:
Central
Price/sqft:
$180
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$134,900
$105K – $173K
Confidence Low
List vs. estimate
$19K below estimate
List $115,000 · -14.8%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$179
-18.4% vs. city median $220
Based on
19 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$1,701
2025
Pool
In Ground
View
Garden, Pool
Pets
Not allowed
All facts and features
  • Flooring

    • Luxury Vinyl

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Microwave

    • Range

    • Refrigerator

    Other interior features

    • Ceiling Fan(s)

    • Open Floorplan

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 1

    • Full bathrooms: 1

  • Property

    • Levels: One

    • Exterior Features: Irrigation System / Outdoor Grill / Sidewalk / Storage

    Lot

    • Lot: 4.07 Acres

    Other Property Information

    • Parcel Number: 183217938390012050

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • BB/HS Internet Available

    • Cable Connected

    • Electricity Connected

    • Sewer Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $1,701

  • Source details

    • MLS ID: TB8478366

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Laundry Features: Common Area

    • Lot Features: Flood Insurance Required / FloodZone / Sidewalk

    • Pool Features: In Ground

    • Window Features: Window Treatments

    • Direction Faces: East

    • Living Area: 640

    • Water Source: Public

    • Subdivision Name: VELVET CLOAKE CONDO

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: REAL BROKER, LLC