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Downtown St Petersburg Condos - Market Update April 15, 2008

By
Real Estate Agent with Coastal Properties Group International - Christie's International

Despite the proliferation of luxury condos along  Beach Drive in downtown St. Petersburg, only 25% of the downtown condos for sale are over $1,000,000 - the majority are actually under $500,000. There are currently 185 on the market, ranging from $95,000 to $5,500,000.

In downtown St Pete, 

$95,000 would get you  a 1 bedroom 1 bath condo of approximately 700 sq ft in  co-op building from the 1920s, which is restricted to owners at least 55 years old.

$5,500,000 would get you a 4 bedroom 5 bath condo with ten times that space, 7,000 sq ft, in the newly completed 400 Beach. No age restrictions here.

Click here for the rest of the report ... 

Posted by

Sharon Simms
CIPS CRS CLHMS CRB RSPS
Coastal Properties Group
CHRISTIE'S International Real Estate
238 Beach Drive NE
St Petersburg, FL 33701
www.ssimms.com    www.coastalpgi.com   www.christiesrealestate.com
(727) 898-2582    Sharon@SimmsTeam.com