650 PINELLAS POINT DRIVE S 128 St Petersburg, FL $ 98,000
650 PINELLAS POINT DRIVE S 128
$ 98,000
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650 PINELLAS POINT DRIVE S 128

St Petersburg, FL, 33705
$ 98,000
Bedrooms1 Baths1.0 Sq 780

Monthly Estimate*

$ 611

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Condo for sale in St Petersburg, FL

for $98,000 with 1 bedroom and 1 full bath. This 780 square foot condo was built in 1967 on a lot size of 4.07.

OWNER SAYS BRING ALL OFFERS! MUST SELL. AS-IS. Welcome to Velvet Cloake #128 — a hidden waterfront paradise along the shores of Tampa Bay! Experience the best of Florida’s coastal lifestyle in this beautifully updated 1-bedroom, 1-bath condo located in a peaceful 55+ gated community just minutes from vibrant downtown St. Petersburg and the Gulf beaches. This inviting ground-floor unit offers easy accessibility, modern upgrades, and resort-style living in a secure, well-maintained setting. Step inside to an open, light-filled floor plan featuring a spacious living area and an updated kitchen with breakfast bar. The bedroom includes a versatile walk-in closet. A built in murphy bed in the living room adds versatility to your new condominium home. Velvet Cloake installed a new roof in 2023. Residents of Velvet Cloake enjoy resort-style amenities including a heated waterfront pool, clubhouse with full kitchen, grill stations, shuffleboard courts, kayak and paddleboard launch, and a private fishing pier with water and electric. Stroll the scenic walking paths or take in breathtaking views of passing cruise ships and Tampa Bay sunsets. An added bonus—Bay Vista Park is located right next door, offering towering oaks, picnic areas, a pier with gazebo, playground, and walking trails. Velvet Cloake is a 55+ community. Whether you’re seeking a year-round residence or a seasonal retreat, this condo offers the perfect blend of comfort, convenience, and coastal charm. Don’t miss this opportunity to live in one of St. Petersburg’s best-kept secrets—Velvet Cloake, truly a hidden paradise on Tampa Bay!

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Condo Active

Price

$ 98,000

Bedrooms

1

Full Bath

1

Property Type

Condo

Taxes

$ 448

Style

Condominium

Lot Size

4.07

Year Built

1967

Town/City

St Petersburg

County/Region

Pinellas

MLS | Web ID

U8238107

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Cable Connected Electricity Connected Sewer Connected Water Connected
Roof Membrane
Appliances Disposal Microwave Range Refrigerator
Association Fee Includes Community Pool Insurance Maintenance Structure Maintenance Grounds Pool Maintenance Sewer Trash Water
Pool Features Heated In Ground
Construction Materials Wood Frame (FSC Certified)
Pets Allowed No
Year Built 1967
Levels One
Unit Number 128
Property Subtype Condominium
Tax Year 2025
Ownership Fee Simple
Community Features Buyer Approval Required Pool Sidewalks
Assoc Fee Paid Per Monthly
County Pinellas
New Construction false
Property Type Residential
Subdivision Name VELVET CLOAKE CONDO
Facing Direction West
Garage Y/N false
Total Rooms 3
Full Baths 1
Status Active
Directions Head East on 62nd Ave. for approximately 3 miles. Turn right onto Dr. MLK Jr St. S. Then turn left onto Pinellas Point Dr. S.
City ST PETERSBURG
Association Name Sarah Sykes
Senior Community Y/N true
MLS Area 33705 - St Pete
Lot Size Units Acres
Lot Size Square Feet 177244
Carport Y/N false
Listing Terms Cash
Land Lease Y/N false
Tax Annual Amount 448
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/U8238107
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Vacant
Tax Lot 0
Legal Description VELVET CLOAKE CONDO WEST BLDG UNIT 128
Minimum Lease 1 Month
Water Access Y/N false
Monthly Condo Fee Amount 618
HOA Monthly Maintenance 0
Water View Y/N false
Flood Zone Code AE
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Interior
Interior Amenities Thermostat
Flooring Carpet Ceramic Tile
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Half Baths 0
Laundry Features Common Area
Total Bedrooms 1
Total Baths 1
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Exterior
Exterior Amenities Irrigation System Lighting Outdoor Grill Rain Gutters Sidewalk
Parking Features Assigned
Water Source None
Lot Size Area 4.069
Foundation Details Block
Building Area Total 780
Lot Size Acres 4.07
Road Surface Type Asphalt
Private Pool false
Waterfront Y/N false
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* Excluded Features
List By
Wilson Realty Llc

Broker

Linda@WilsonBeachRealty.com

Email

Affordability Calculator

$649
Per Month
94%
6%
0%
Monthly Principal & Interest
$611
Monthly Property Taxes
$37
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/19/2025$98,000 Listed Price

Map


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650 PINELLAS POINT DRIVE S 128, St Petersburg, FL, 33705 is a Condo for sale at $98,000 with 780 sqft and a lot size of 4.07. 650 PINELLAS POINT DRIVE S 128 has 1 bedrooms, 1.0 baths, and was built in 1967. The property's zip code is 33705 which is in St Petersburg, FL