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400 Beach luxury condo St Petersburg Florida Market Update April 2008

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

400 Beach - luxury condominium in St Petersburg Florida400 Beach - luxury condominium in downtown St Petersburg, Florida

 

400 Beach is the newest condo in downtown St Pete, and every condo in the tower has a water view!

So far this year 23 condos have sold here over $1 Million - ranging from $1,010,000 to $2,558,000.

There are currently 22 condos listed in the Multiple Listing System, ranging from $749,-000 for a 2,355 sq ft condo on the second floor to $5,500,000 for a 7,000 sq ft Penthouse unit on the 29th floor.

There are currently 4 condos offered for rent, ranging from $3,500/month for a 2,450 sq ft unit on the southwest corner to $4,500/month for a 3,288 sq ft unit on the northeast corner.

Two retail shops have opened on the ground level, and there are several vacant spaces yet to open.

This is the second downtown condo built by Opus, opening a year later than Parkshore Plaza, one block to the south on Beach Drive.

It's interesting to see what a difference the angle of the building makes in the view, and the fact that it's further east than Parkshore Plaza - from the 04 units (comparable to the 03 units in Parkshore) that you can see from downtown Tampa to the Skyway Bridge. Beautiful views!

Not only great views fro here but a great location - less than a block from the Renaissance Vinoy Hotel (and yes, you can join the Vinoy Club) and just a block from Parkshore Grille, the Italian gelatto shop, the tea shop, and lots of other inviting places.

 

 

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