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650 PINELLAS POINT DRIVE S UNIT 122, St Petersburg, 33705

$60,000

1

Beds

1

Baths

640 ft2

Property Size

1967

Year Built

About The Property

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

Property Id: 2548744
Price: $60,000
Property Size: 640 ft2
Property Lot Size: 4 ft2
Rooms: 5
Bedrooms: 1
Bathrooms: 1
AssociationFeeFrequency: Monthly
AssociationFeeIncludes: Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Internet, Maintenance Grounds, Pool Maintenance
BathroomsFull: 1
BuildingAreaTotal: 640
CommunityFeatures: Gated Community - No Guard, Pool
ConstructionMaterials: Block
Cooling: Central Air
CumulativeDaysOnMarket: 47
DaysOnMarket: 47
DirectionFaces: West
Directions: From I-275 S, take exit 17 for Pinellas Point Dr S. Head east on Pinellas Point Dr S and continue straight for approximately 1.5 miles. Turn left into the Velvet Cloake community and proceed to building 650; unit #122 will be on your right.
Flooring: Carpet, Concrete
Furnished: Unfurnished
Heating: Other
InternetAddressDisplayYN: 1
InternetAutomatedValuationDisplayYN: 1
InternetConsumerCommentYN: 1
InternetEntireListingDisplayYN: 1
LaundryFeatures: Other
Levels: One
ListAOR: Orlando Regional
ListAgentFullName: Diana Shelton
ListOfficeName: LPT REALTY, LLC
ListTeamName: Paramount Home Group
ListingContractDate: 2026-08-04
ListingId: TB8535699
ListingTerms: Cash
LivingAreaSource: Public Records
LivingAreaUnits: Square Feet
LotSizeArea: 4.069
LotSizeSquareFeet: 177244
LotSizeUnits: Acres
MLSAreaMajor: 33705 - St Pete
MlsStatus: Active
ModificationTimestamp: 2026-09-27T22:41:22.870Z
OnMarketDate: 2026-08-11
OriginalListPrice: 65000
OriginatingSystemName: Stellar MLS
Ownership: Condominium
PetsAllowed: No
PhotosChangeTimestamp: 2026-08-10T12:19:49.184Z
PhotosCount: 39
Roof: Shingle
Sewer: Public Sewer
SpecialListingConditions: None
StateOrProvince: FL
StoriesTotal: 2
StreetName: PINELLAS POINT
StreetNumber: 650
StreetSuffix: DRIVE
UnitNumber: 122
Utilities: Public
WaterSource: Public
YearBuilt: 1967

Amenities and Features

Other Features
1
Dishwasher
Has Cooling System
Has Heating System
Home Owners Association
Microwave
None
Primary Bedroom Main Floor
Range
Refrigerator
Senior Community

Map Location

Property Map

Mortgage Calculator

Payment Calculator

$307.63
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 232.63

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Disclaimer

Property ID - | 2548744

All listings featuring the Stellar MLS logo are provided by My Florida Regional MLS DBA Stellar MLS. This information is not verified for authenticity or accuracy and is not guaranteed. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by MLS.

©2025 My Florida Regional MLS DBA Stellar MLS. All rights reserved.

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Selinda Moore