Date
Details
Price
Change
Source
8/11/2026
Listed
$65,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/39
$65,000
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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!
Full Property Details
Full Property Details for 650 Pinellas Point Dr S #122
General
- Price: $65,000
- HOA FEE: $630/month
- Taxes: $2,417 (2025)
- Status: Active
- Type: Condo
- Source: MidFloridaRegionalMLS
- MLS ID: TB8535699
- Updated: 8/11/2026
- Added to Site: 14 day(s) ago
Rental Information
- Min. Lease: 1 Month
Interior
- Number of Rooms: 5
- Interior Features: Primary Bedroom Main Floor
- Appliances: Dishwasher, Microwave, Range, Refrigerator
- Furnishings: Unfurnished
- Flooring: Carpet, Concrete
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
Other Rooms
- Laundry: Other
Exterior
- Exterior Features: None
Location
- Area: 33705 - St Pete
- County: Pinellas
- Development Name: 33705 - St Pete
- Subdivision: VELVET CLOAKE CONDO
- Driving 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.
- Direction Faces: West
Community
- Community Name: 33705 - St Pete
- Community Features: Gated Community - No Guard, Pool
- Association: Yes
- Assoc. Name: Sarah Harwood Sykes
- Assoc. Fees Include: Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Internet, Maintenance Grounds, Pool Maintenance
- Adult Community: Yes
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Other
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Public
Structural Information
- Exterior Const.: Block
- Roof: Shingle
- Stories/Levels: One
- Square Feet: 640
- Sq. Ft. Source: Public Records
- Year Built: 1967
Lot Features
- Lot Size (Acres): 4.07
- Lot Size (Sq. Ft.): 177,244
- Lot Size: 4.069
- Street/Road Desc.: Asphalt
Financial Considerations
- Assoc Fee Freq.: Monthly
- Assoc Fee Desc.: Required
- Condo Fee: $630
- Condo Fee Freq: Monthly
- Tax Amount: $2,417
- Tax Year: 2025
Disclosures and Reports
- Ownership: Condominium
- Special Conditions: None
- Legal Description: VELVET CLOAKE CONDO EAST BLDG, UNIT 122
- Flood Zone Info: AE
- APN: 183217938390021220
- Property ID: 183217938390021220
Listed by Lpt Realty, Llc
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Listing agents
— 650 Pinellas Point Dr S #122 —
Lpt Realty, Llc
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NMLS#: 1598647Get Pre-Approved Today
Price & Sales History for 650 Pinellas Point Dr S #122
Tax History
Tax History for 650 Pinellas Point Dr S #122
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,417
4%
$132,653
-13%
2024
$2,330
8%
$152,001
9%
2023
$2,160
21%
$138,897
41%
2021
$1,787
-8%
$98,243
-18%
2022
$1,942
9%
$119,790
58%
2021
$1,787
20%
$75,826
16%
2019
$1,485
8%
$65,537
10%
2018
$1,374
7%
$59,579
-12%
2017
$1,287
17%
$67,696
37%
2016
$1,099
3%
$49,239
5%
2015
$1,066
—
$46,792
1%
2014
$1,062
2%
$46,413
3%
2013
$1,038
—
$44,920
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 650 Pinellas Point Dr S #122
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650 Pinellas Point Drive S #122, Saint Petersburg, FL 33705 (MLS# TB8535699) is a Condo property with 1 bedroom and 1 full bathroom. 650 Pinellas Point Drive S #122 is currently listed for $65,000 and was received on August 11, 2026. Want to learn more about 650 Pinellas Point Drive S #122? Do you have questions about finding other Condo real estate for sale in Saint Petersburg? You can browse all Saint Petersburg real estate or contact a Coldwell Banker agent to request more information.