$115,000
650 Pinellas Point Drive
St Petersburg, FL 33705
Listing updated: May 3, 2026 at 1:05 PM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Located in the 55+ waterfront community of Velvet Cloake along Tampa Bay, this 1-bedroom, 1-bath condo offers comfortable living in a peaceful setting just minutes from Downtown St. Petersburg and the Gulf beaches. The unit provides many improvements in 2021, including new central A/C, new windows, and a new water heater. The bathroom has been tastefully renovated with updated finishes and fixtures, creating a clean, modern feel. The layout offers a functional living and dining space, a spacious bedroom with ample closet storage, and additional dedicated storage included with the unit. Community laundry facilities are conveniently located nearby for easy access. Residents of Velvet Cloake enjoy a heated pool, clubhouse with kitchen, waterfront seating areas, fishing pier with water and electric, kayak storage and launch access, shuffleboard courts, and beautifully maintained grounds. An ideal option for year-round living or a seasonal residence in a well-kept waterfront community.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history69 days on market
- Status: ActiveFeb 23, 2026
- Listed$129,000Feb 23, 2026
- Price reduced$115,000
Facts & features
- Property type
- Residential
- Sub type
- Condominium
- Status
- Active
- Days on market
- 69
- Subdivision
- Velvet Cloake Condo
- County
- Pinellas
- Year built
- 1967
- Living area
- 640 sq ft
- Price/sq ft
- $180
- Lot size
- 177,244 sq ft
- Flood zone
- AE (12103C0284H)
- Annual taxes
- $1,701 (2025)
- Parcel #
- 18-32-17-93839-001-2050
- MLS #
- TB8478366
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Interior Details
- Bedrooms
- 1
- Full bathrooms
- 1
- Flooring
- Luxury Vinyl
- Appliances
- Dishwasher, Disposal, Microwave, Range, Refrigerator
- Interior features
- Ceiling Fans(s), Open Floorplan, Window Treatments
- Laundry
- Common Area
- Stories / Levels
- One
- Direction faces
- East
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
HOA & Financial
- Total monthly fees
- $618/mo
- Total annual fees
- $7,416
- HOA name
- Condominium Associates/Helem Martin
- CDD
- No
- Homestead exemption
- Yes
- Min lease term
- 1 Month
- Listing terms
- Cash, Conventional
- Ownership
- Condominium
- Available for lease
- Yes
- Lease restrictions
- Yes
- Additional lease restrictions
- Please see the HOA docs.
- Approval process
- Please see the HOA docs.
Exterior & Construction
- Exterior features
- Outdoor Grill, Sidewalk, Storage
- Construction materials
- Block
- Roof
- Shingle
- Foundation
- Slab
- Water access
- Yes
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- BB/HS Internet Available, Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Community
- Pets allowed
- No
- Senior community
- Yes
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Living Room | First | |
| Kitchen | First | |
| Primary Bedroom | First | |
| Bathroom 1 | First |
Listing Details
- Listing date
- 2026-02-17
- On market date
- 2026-02-23
- Original list price
- $129,000
- Occupant type
- Vacant
- MLS area
- 33705 - St Pete
- Listing AOR
- Orlando Regional
- Status changed
- 2026-02-23
- Tax legal description
- VELVET CLOAKE CONDO NORTH BLDG, UNIT 205
Flood risk
FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
Head south on 9th St S/Dr. M.L.K. Jr St S - Turn left onto Pinellas Point Dr S - Destination will be on the Right
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively 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.
Based on information submitted to the MLS GRID as of May 3, 2026 at 1:05 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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