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650 PINELLAS POINT DRIVE S UNIT 122

Condo/Co-op For Sale
$65,000

BTC: 1.01562500

ETH: 34.16305765

7 days
1 bds
1 ba
640 sqft

Overview

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!

Location

Florida • ST PETERSBURG • 33705 • Condo/Co-op • For Sale

Details

Type:
Residential
Parking:
No Data
Year Built:
1967
Lot:
4.07 Acres
Heating:
Other
Price/sqft:
$102
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$134,900
$101K – $169K
Confidence Low
List vs. estimate
$69K below estimate
List $65,000 · -51.8%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$101
-57.0% vs. city median $235
Based on
17 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$2,417
2025
Pets
Not allowed
All facts and features

  • Flooring

    • Carpet

    • Concrete

    Heating

    • Other

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Microwave

    • Range

    • Refrigerator

    Other interior features

    • Primary Bedroom Main Floor

    Bedrooms and bathrooms

    • Bedrooms: 1

    • Full bathrooms: 1

  • Property

    • Levels: One

    • Exterior Features: None

    Lot

    • Lot: 4.07 Acres

    Other Property Information

    • Parcel Number: 183217938390021220

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • Public

  • Other financial information

    • HOA Frequency: Monthly

    • Annual tax amount: $2,417

  • Source details

    • MLS ID: TB8535699

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Laundry Features: Other

    • Direction Faces: West

    • Living Area: 640

    • Water Source: Public

    • Subdivision Name: VELVET CLOAKE CONDO

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33705
217
median $380K
Active
Same city
ST PETERSBURG
2,416
median $444K
Active
Same type
Condo/Co-op
822
median $244K
Active
Similar price
$45K – $84K
50
median $74K
Active

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: LPT REALTY, LLC