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Wade M. Berlin

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Tropic Shores Realty
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650 Pinellas Point Drive S 122
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PRICED AT ONLY: $70,000

Address: 650 Pinellas Point Drive S 122, ST PETERSBURG, FL 33705

Description

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.
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  •   Property Tax $
  •   Home Insurance $
  •   HOA Fees $
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Adult Community
  • MLS#: TB8490784 ( Residential )
  • Street Address: 650 Pinellas Point Drive S 122
  • Viewed: 3
  • Price: $70,000
  • Price sqft: $109
  • Waterfront: No
  • Year Built: 1967
  • Bldg sqft: 640
  • Bedrooms: 1
  • Total Baths: 1
  • Full Baths: 1
  • Days On Market: 4
  • Acreage: 4.07 acres
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: None
  • Flooring: Carpet, Concrete
  • Living Area: 640.00
  • Roof: Shingle
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Heating: Other
  • Pets Allowed: No
  • Sewer: Public Sewer
  • Utilities: Public
Finance and Tax Information
  • Home Owners Association Fee Includes: Cable TV, Pool, Escrow Reserves Fund, Insurance, Internet, Sewer, Trash, Water
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2025
Other Features
  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Country: US
  • Furnished: Negotiable
  • Interior Features: Primary Bedroom Main Floor
  • Legal Description: VELVET CLOAKE CONDO EAST BLDG, UNIT 122
  • Levels: One
  • Area Major: 33705 - St Pete
  • Occupant Type: Vacant
  • Parcel Number: 18-32-17-93839-002-1220
  • Unit Number: 122

Contact Info

  1. The Real Estate Professional You Deserve
  2. Mobile: 904.248.9848
  3. phoenixwade@gmail.com
Wade M. Berlin