$70,000

FOR SALE

650 Pinellas Point Dr S #122

St Petersburg, Fl, 33705

MLS #TB8490784

Subdivision: Velvet Cloake Condo

Building: 650 Pinellas Point Drive

1 Beds

1/- Baths

640 sqft

$ 109.38 /sqft

Property Details

Investor Special in highly desirable Velvet Cloake, a tranquil 55+ waterfront community along the shores of Tampa Bay! This 1-bedroom, 1-bath condo offers an incredible opportunity to renovate and add value in one of St. Petersburgs most peaceful yet centrally located areas. Inside, the unit is a blank canvas ready for transformation. With the right vision, this property has strong potential as a seasonal getaway, long-term hold, or resale opportunity.What truly makes this property stand out is the lifestyle and location. Velvet Cloake is a hidden gem waterfront community offering resort-style amenities, including a heated pool, clubhouse with full kitchen, shuffleboard courts, grilling areas, and beautifully maintained grounds. Enjoy direct access to Tampa Bay with a fishing pier, kayak and paddleboard launch, and scenic walking paths perfect for soaking in the Florida sunshine.Located just minutes from Downtown St. Petersburg, youll have easy access to top-rated restaurants, museums, shopping, and the St. Pete Pier, along with a short drive to the Gulf beaches. Quick access to I-275 makes commuting to Tampa and the surrounding areas effortless.Opportunities like this are rare. Whether youre looking to renovate and resell or hold as an investment, this is your chance to secure a property with significant upside potential in an unbeatable location.

Property Features

-

Property Type
Condo/Co-Op/Villa/Townhouse
HOA Fee/Monthly
-
HOPA
1
Membership Fees
-
Appliances
Dishwasher, Microwave, Range, Refrigerator
Restrictions
-
Furnished
Negotiable
Flooring
Carpet, Concrete
No. of Floor
-
Terms Considered
Cash
Year Built
1967
Cooling
Central Air
Pets Allowed
No
Amenities
-
Interior
Primary Bedroom Main Floor
Maintenance Fee Includes
-
Governing Bodies
-
Construction
Block
Security
-
Heating
Other
Garage/Carport
-
Dining Area
-
Exterior
None
Pet Restrictions
No
Parking
-
Application Fee
-
Water Access
-
Pool
No
Gated Community
-
Status
A
Listing Office
EXP REALTY LLC

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Listing Courtesy of: EXP REALTY LLC