650 PINELLAS POINT DRIVE ST PETERSBURG FL 33705
Courtesy of
- Listing Office: EXP REALTY LLC
- Status: Active
- MLS ID: MFRTB8490784
Description
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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.
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Video
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Basics
- Bathrooms Half: 0
- Date added: Added 2 hours ago
- Category: Condominium
- Type: Residential
- Bedrooms: 1
- Bathrooms: 1
- Half baths: 0
- Floors: 1
- Area, sq ft: 640 sq ft
- Lot size, sq ft: 177244 sq ft
- Year built: 1967
- UnitNumber: 122
- SubdivisionName: VELVET CLOAKE CONDO
Location
- CountyOrParish: Pinellas
- City / Department: ST PETERSBURG
Property Features
- Interior Features: Primary Bedroom Main Floor
- Appliances: Dishwasher, Microwave, Range, Refrigerator
- Flooring: Carpet, Concrete
- Laundry Features: None
- Pets Allowed: No
- Exterior Features: None
- Roof: Shingle
- Water Source: Public
- Sewer: Public Sewer
- Cooling: Central Air
- Heating: Other
- Furnished: Negotiable
Property Details
- Subdivision Name: VELVET CLOAKE CONDO
- Direction Faces: West
- Construction Materials: Block
Association Information
- Association YN: Yes
- Association Fee Includes: Cable TV, Pool, Escrow Reserves Fund, Insurance, Internet, Sewer, Trash, Water
- Community Features: Buyer Approval Required, Gated Community - No Guard, Pool
Fees&Taxes
- Tax Year: 2025
- Tax Annual Amount: $2,417
Amenities & Features
- Waterfront available: No
- GarageYN: No
- AttachedGarageYN: No
- FireplaceYN: No
- PoolPrivateYN: No
- Cooling: Central Air
- CommunityFeatures: Buyer Approval Required, Gated Community - No Guard, Pool
- ExteriorFeatures: None
- Utilities: Public
- Features:
- Amenities:
