# 650 PINELLAS POINT DRIVE S, ST PETERSBURG, FL 33705

> **TL;DR:** 1bd/1ba condo, $125,000 ($195/sqft), built 1967, 640 sqft. Est. $542/mo. Listed 52 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $125,000 |
| Price/sqft | $195 |
| Bedrooms | 1 |
| Bathrooms | 1 full |
| Square Feet | 640 |
| Year Built | 1967 |
| Lot Size | 177,289 sqft (4.07 acres) |
| Property Type | Condo (Condominium) |
| Status | For Sale |
| Days on Market | 52 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $542 |
| **Total** | **$542** |

## Property Highlights

- Built in 1967
- 4.07 acre lot

## Description

### Agent Description
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.

## Location

- **Address:** 650 PINELLAS POINT DRIVE S, ST PETERSBURG, FL 33705
- **County:** Pinellas
- **Neighborhood:** VELVET CLOAKE CONDO
- **Coordinates:** 27.704091, -82.642054
- **Google Maps:** https://www.google.com/maps?q=27.704091,-82.642054

## Listing Agent

- **Name:** Olivia Bent
- **Brokerage:** REAL BROKER, LLC
- **Phone:** 8632065755
- **Email:** sellbuyliveflorida@gmail.com

## Primary Photo

![650 PINELLAS POINT DRIVE S - Primary Photo](http://lh.rdcpix.com/a74e51105e7470c36867fdb8ee74adcfl-f2324496361r.jpg)

*35 total photos available on [listing page](https://www.propertysimple.com/listing/650-pinellas-point-drive-s-st-petersburg-fl-33705-b8478366)*

---

**MLS#:** TB8478366 | **Updated:** 2026-04-28
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/650-pinellas-point-drive-s-st-petersburg-fl-33705-b8478366)

---

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