INVESTOR OPPORTUNITY in a WATERFRONT 55+ St. Petersburg community! Bring your vision to this 1-bedroom, 1-bath condo at 650 Pinellas Point Dr S, Unit 122. This ground-floor unit is ready for renovation and offers an excellent opportunity for an investor or buyer looking to update and add value. The real standout is the setting—a waterfront community surrounded by beautiful grounds with a community pool, clubhouse and recreation areas, fishing pier, and incredible views of Tampa Bay and the Sunshine Skyway Bridge. Enjoy easy access to I-275, Downtown St. Petersburg, area beaches, shopping, dining and nearby Bay Vista Park. With its desirable South St. Pete location and waterfront surroundings, this is a chance to transform an affordable condo into something special. Bring your ideas and see the potential!
Property Details
- Interior
- Primary Bedroom Main Floor
- Heating
- Other
- Cooling Features
- Central Air
- Bedrooms
- 1
- Bathrooms
- 1.0
- Full Baths
- 1
- Stories
- 2
- Pool Shared
- 1
- Acres
- 4.07
- Square Feet
- 640.0
- Property Type
- Purchase
- Year Built
- 1967
- Foundation
- Slab
- Roof
- Shingle
- Sewer Information
- Public Sewer
- Utility Source
- Public
- Utility Features
- Public
- Appliances
- Dishwasher, Microwave, Range, Refrigerator
- Subdivision
- VELVET CLOAKE CONDO
- Senior Community
- 1
- Community Features
- Gated Community - No Guard, Pool
- County
- Pinellas
- Region
- ST PETERSBURG
- Original List Price
- $65,000
- Days on Market (Cumulative)
- 29
- Taxes Annual
- $2,417
- HOA
- 1
- Ownership
- Condominium
- MLS #
- TB8535699
- Property Subtype
- Condominium
- Parcel Number
- 18-32-17-93839-002-1220
- MLS #
- TB8535699
- Date Listed
- August 04, 2026
- Address
- 650 PINELLAS POINT DRIVE S #122
Location
Legal
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: George Fleischmann | AveNew Realty
Provided By
Listed by Diana Shelton (#MFR261568792)
Listing Office: LPT REALTY, LLC (#MFR261016803)
