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Amina Stevens

astevens@homesbyamina.com +1(813) 401-0460

$ 70,000

Est. payment | -/mo

1 Bed

1 Bath

640 SqFt

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$ 70,000

Est. payment | -/mo

Save Virtual Tour

1 Bed

1 Bath

640 SqFt

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 640 sqft

Price per Sqft $109

Subdivision Velvet Cloake Condo

MLS Listing ID TB8490784

Bedrooms 1

Full Baths 1

Condo Fees $618

HOA Y/N No

Annual Recurring Fee 7416.0

Year Built 1967

Annual Tax Amount $2,416

Lot Size 4.070 Acres

Acres 4.07

Property Sub-Type Condominium

Source Stellar MLS

Property 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. Petersburg's 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, you'll 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 you're 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.

Location

State FL

County Pinellas

Community Velvet Cloake Condo

Area 33705 - St Pete

Direction S

Interior

Interior Features Primary Bedroom Main Floor

Heating Other

Cooling Central Air

Flooring Carpet, Concrete

Furnishings Negotiable

Fireplace false

Appliance Dishwasher, Microwave, Range, Refrigerator

Laundry None

Exterior

Exterior Feature None

Community Features Buyer Approval Required, Gated Community - No Guard, Pool

Utilities Available Public

Roof Type Shingle

Garage false

Private Pool No

Building

Story 1

Entry Level One

Foundation Slab

Sewer Public Sewer

Water Public

Unit Floor 1

Structure Type Block

New Construction false

Others

Pets Allowed No

HOA Fee Include Cable TV,Pool,Escrow Reserves Fund,Insurance,Internet,Sewer,Trash,Water

Senior Community Yes

Ownership Fee Simple

Monthly Total Fees $618

Acceptable Financing Cash

Membership Fee Required None

Listing Terms Cash

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8490784

Listed by Carolina Aguiar EXP REALTY LLC

NEARBY SCHOOL & BUSINESS

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Amina Stevens

Broker Associate / Team Leader

+1(813) 401-0460

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650 PINELLAS POINT DR S #122 St Petersburg, FL 33705

Amina Stevens

Key Details

Location

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

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650 PINELLAS POINT DR S #122