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650 Pinellas Point Drive S, Unit 122, Saint Petersburg, FL 33705

$65,000
  • 650 Pinellas Point Drive S, Unit 122, Saint Petersburg, FL 33705 Main Photo

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New to the Market Active
BEDS1 BATHS1 full SQUARE FEET640 MLS#TB8535699
STATUSActive PROPERTY TYPEResidential - Condominium SUBDIVISIONVELVET CLOAKE CONDO

Property Description

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!

650 Pinellas Point Drive S, Unit 122 | MLS# TB8535699

This condo located at 650 Pinellas Point Drive S, Unit 122, Saint Petersburg, FL 33705 is currently listed for sale with an asking price of $65,000. This property was built in 1967 and has 1 bedrooms and 1 full baths with 640 sq. ft. Pinellas Point Drive S, Unit 122 is located in the VELVET CLOAKE CONDO subdivision. Search VELVET CLOAKE CONDO real estate on www.nyesellshomes.com today.

Property Features

Property Type: Residential - Condominium
Cooling: Central Air
Heating: Other
Lot Size: 4.07 Acres
Roof Type: Shingle
Stories: 2.0
Taxes: $2,417
Year Built: 1967

Amenities

Primary Bedroom Main Floor
None

Feature Descriptions

Appliances: Dishwasher, Microwave, Range, Refrigerator
Community Features: Gated Community - No Guard, Pool
Condo Fee: $630/ Monthly
Days on Site: 2
Directions: From I-275 S, take exit 17 for Pinellas Point Dr S. Head east on Pinellas Point Dr S and continue straight for approximately1.5 miles. Turn left into the Velvet Cloake community and proceed to building 650; unit #122 will be on your right.
Exterior: Block
Flood Zone Code: AE
Flooring: Carpet, Concrete
Foundation: Slab
HOA Y/N: Yes
Home Warranty Y/N: No
Listing Terms: Cash
Lot Dimensions: 4.07
Other Equipment: None
Ownership: Condominium
Pets Allowed: No
Property Attached Y/N: No
Property Sub-Type: Condominium
Senior Community: Yes
Sewer: Public Sewer
Showing Instructions: Combination Lock Box, Gate Code Required
Special Sale Provisions: None
Utilities: Public
Water: Public
Water Access Y/N: No

Room Sizes

Primary Bedroom: 13x11
Primary Bathroom: 5x8
Kitchen: 7x9
Living Room: 11x19
Dining Room: 7x8

Listed By / Shown By

Listed By

Agency Name: LPT REALTY, LLC
Agency Contact: 877-366-2213

Shown By

Agent Name: Nye Mosher Schwartz, PA
Agent Phone: Cell: (954) 701-3346
Agency Title: Realty 100

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Estimate Your Payment

Estimated Payment

$ 365.04 per month $144.66 Principal & Interest $201.42 Property Tax $18.96 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers 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 on this site was last updated 08/14/2026. The listing information on this page last changed on 08/14/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 08/14/2026 12:01:36 AM EST) or Miami MLS (last updated Thu 08/13/2026 11:59:18 PM EST) or Stellar MLS (last updated Thu 08/13/2026 11:44:04 PM EST) or Beaches MLS (last updated Thu 08/13/2026 11:57:59 PM EST). Real estate listings held by brokerage firms other than Realty 100 may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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