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650 PINELLAS POINT DR S #122,  ST PETERSBURG, FL 33705

MLS# TB8490784.  1 bed.  1.0 bath.  Condo.  Active

$2,417 in taxes (2025)

$70,000

 

Remarks:

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.

Quick Info:

  • Listing is courtesy Of: EXP REALTY LLC ((888-883-8509))
  • Listing Agent: Carolina Aguiar ((813-401-5196))
  • Days on yellowkey: 7
  • Property Type: Condo
  • Beds: 1
  • Baths: 1.0
  • Living Area Square Feet: 640
  • Built 1967
  • Taxes: $2,417 (2025)
  • Garage Spaces: ()
  • Square Feet: 640
  • Fees: $0
  • Pinellas County
  • Terms: Cash
  • Subdivision Info:
  • Occupancy Information: Vacant
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  • Development Name:
  • Subdivision Name: VELVET CLOAKE CONDO
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History:

DateListing TypeDays on yellowkeyMLS#EventPrice% Chg$/sqftSource
3/26/2026Sale7TB8490784listed for sale$70,000-109.3750MLS




Data is updated at least once a week by Sunday nights. Some properties that appear for sale on this web site may subsequently have been sold and may no longer be available. The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. Data can be retrieved from any one of the following MLS’s: Greater Fort Lauderdale REALTORS®, Space Coast Association of REALTORS®, My Florida Regional MLS, Florida Gulf Coast MLS, "©2024 Northeast Florida Multiple Listing Service, Inc. All rights reserved." The properties displayed may not be all of the properties in the MLS’s database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker’s logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors® and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

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