650 PINELLAS POINT DRIVE S UNIT #205 ST PETERSBURG FL 33705 MLS #TB8478366

650 PINELLAS POINT DRIVE S UNIT #205
ST PETERSBURG, FL, 33705
$125,000
1 Beds
1 Baths
640 SqFt
4.07 Acres
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MLS #TB8478366 image #0
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.

Property Details

Price:
$125,000
MLS #:
TB8478366
Status:
Active
Beds:
1
Baths:
1
Type:
Condo
Subtype:
Condominium
Subdivision:
VELVET CLOAKE CONDO
Neighborhood:
33705stpete
Listed Date:
Feb 23, 2026
Finished Sq Ft:
640
Total Sq Ft:
640
Lot Size:
177,244 sqft / 4.07 acres (approx)
Year Built:
1967
PoolCommunity GatedCommunity 55 Plus33705 – St Pete33705stpeteVelvet Cloake CondoPlease See The Hoa Docs.1 Month

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Schools

Interior

Appliances
Dishwasher, Disposal, Microwave, Range, Refrigerator
Bathrooms
1 Full Bathroom
Cooling
Central Air
Flooring
Luxury Vinyl
Heating
Central
Interior Features
Ceiling Fan(s), Open Floorplan, Window Treatments
Laundry Features
Common Area
Levels
One

Exterior

Association Amenities
Gated, Laundry, Pool, Shuffleboard Court, Storage
Community
55+
Community Features
Dock, Water Access, Waterfront, Buyer Approval Required, Gated Community – No Guard, Pool, Sidewalks
Construction Materials
Block
Direction Faces
East
Exterior Features
Irrigation System, Outdoor Grill, Sidewalk, Storage
Lot Features
Flood Insurance Required, FloodZone, Sidewalk
Roof
Shingle
Security Features
Gated Community
Senior Community YN
1
View
Garden, Pool, Water
Waterfront Features
Waterfront
Window Features
Window Treatments

Financial

HOA Includes
Cable TV, Common Area Taxes, Community Pool, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Pool Maintenance, Sewer, Trash, Water
HOA Name
Condominium Associates/Helem Martin
HOA Phone
727-573-9300
Tax Year
2025
Taxes
$1,701

Map

Community

Subdivisions in ST PETERSBURG

Market Summary

Current real estate data for Condo in ST PETERSBURG as of Apr 19, 2026
1,062
Condo Listed
125
Avg DOM
381
Avg $ / SqFt
$593,665
Avg List Price

Property Summary

    Located in the VELVET CLOAKE CONDO subdivision, 650 PINELLAS POINT DRIVE S UNIT #205 ST PETERSBURG FL is a Condo for sale in ST PETERSBURG, FL, 33705. It is listed for $125,000 and features 1 beds, 1 baths, and has approximately 640 square feet of living space, and was originally constructed in 1967. The current price per square foot is $195. The average price per square foot for Condo listings in ST PETERSBURG is $381. The average listing price for Condo in ST PETERSBURG is $593,665.

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650 PINELLAS POINT DRIVE S UNIT #205
ST PETERSBURG, FL