About This Home

This 1-bedroom, 1-bathroom condo at 650 PINELLAS POINT Drive S #122 in Saint Petersburg, FL is listed for $60,000 ($94 per sqft). Built in 1967, the home offers 640 sqft of living space on a 4.07 acres lot.

Key Features

  • Built in 1967
  • 4.07 acre lot

Property Details

1 story
1 full
#122
1967

Amenities

A/C
Listing 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!

Monthly Cost Estimate

$321/mo

20% down · 6.5% · 30 years

Principal$43
Interest$260
Insurance$18

Estimates only. Actual payments may vary.

Location

650 PINELLAS POINT Drive S #122

Saint Petersburg, FL 33705

VELVET CLOAKE CONDO

Features & Amenities

Interior Features

Primary Bedroom Main Floor

Property Details

Flooring

ConcreteCarpet

Construction

Block

Cooling

Central Air

Appliances

DishwasherMicrowaveRangeRefrigerator

Questions & Answers

This 1-bedroom, 1-bathroom condo at 650 PINELLAS POINT Drive S is listed at $60,000 ($94/sqft). The estimated monthly payment is $321 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1967, 4.07 acre lot. Interior Features: Primary Bedroom Main Floor.

This property is listed by Diana Shelton.

DS

Diana Shelton

Agent at LPT Realty, LLC.

Listed by LPT Realty, LLC. · Broker phone: (877) 366-2213 · View on Broker Site · Broker website

MLS# TB8535699· Source: Stellar MLS· 85 days on PropertySimple

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

650 PINELLAS POINT Drive S #122, Saint Petersburg, FL 33705

Open this listing in: