Under contract-accepting backup offers. 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.
Accepting backups
$115,000
650 PINELLAS POINT DRIVE S #205, ST PETERSBURG, FL 33705
1beds
640sqft
Condominium
Built in 1967
-- sqft lot
$107,600 Zestimate®
$180/sqft
$618/mo HOA
What's special
Heated poolShuffleboard courtsClean modern feelWaterfront seating areasBeautifully maintained groundsClubhouse with kitchen
- 26 days |
- 371 |
- 12 |
Zillow last checked:
Listing updated:
Listed by:
Olivia Bent 813-618-9547,
REAL BROKER, LLC 855-450-0442
Source: Stellar MLS,MLS#: TB8478366
Originating MLS: Orlando Regional

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: Storage Rooms
Primary bedroom
- Features: Built-in Closet
- Level: First
Bathroom 1
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Microwave, Range, Refrigerator
- Laundry: Common Area
Features
- Ceiling Fan(s), Open Floorplan
- Flooring: Luxury Vinyl
- Doors: Outdoor Grill
- Windows: Window Treatments
- Has fireplace: No
Interior area
- Total structure area: 640
- Total interior livable area: 640 sqft
Video & virtual tour
Property
Features
- Levels: One
- Stories: 1
- Exterior features: Irrigation System, Outdoor Grill, Sidewalk, Storage
- Pool features: In Ground
- Has view: Yes
- View description: Garden, Pool, Water
- Water view: Water
- Waterfront features: Waterfront, Bay/Harbor Access, Limited Access, Seawall
Lot
- Size: 4.07 Acres
- Features: Flood Insurance Required, FloodZone, Sidewalk
Details
- Parcel number: 183217938390012050
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Block
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1967
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: BB/HS Internet Available, Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Dock, Water Access, Waterfront, Buyer Approval Required, Gated Community - No Guard, Pool, Sidewalks
- Security: Gated Community
- Pet fee: $0 monthly
- Senior community: Yes
- Subdivision: VELVET CLOAKE CONDO
HOA
- Has HOA: Yes
- Amenities included: Gated, Laundry, Pool, Shuffleboard Court, Storage
- Services included: Cable TV, Common Area Taxes, Community Pool, Reserve Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Pool Maintenance, Sewer, Trash, Water
- HOA fee: $618 monthly
- HOA name: Condominium Associates/Helem Martin
- HOA phone: 727-573-9300
Location
- Region: Saint Petersburg
Financial & listing details
- Price per square foot: $180/sqft
- Tax assessed value: $127,994
- Annual tax amount: $1,701
- Date on market: 2/23/2026
- Cumulative days on market: 166 days
- Listing terms: Cash,Conventional
- Ownership: Condominium
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
Zestimate®
$107,600
Estimated sales range
$102,000 - $113,000
Rent Zestimate®
$1,626/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/14/2026 | Listing removed | $1,500$2/sqft |
Source: Stellar MLS #TB8514666 Report a problem | ||
| 7/29/2026 | Listed for sale | $115,000$180/sqft |
Source: | ||
| 7/18/2026 | Listing removed | $115,000$180/sqft |
Source: | ||
| 6/6/2026 | Listed for rent | $1,500$2/sqft |
Source: Stellar MLS #TB8514666 Report a problem | ||
| 4/22/2026 | Price change | $115,000-8%$180/sqft |
Source: | ||
| 3/25/2026 | Price change | $125,000-3.1%$195/sqft |
Source: | ||
| 2/23/2026 | Listed for sale | $129,000+3.6%$202/sqft |
Source: | ||
| 7/12/2024 | Listing removed | $124,500+1.2%$195/sqft |
Source: | ||
| 5/19/2021 | Sold | $123,000-1.2%$192/sqft |
Source: Stellar MLS #U8117019 Report a problem | ||
| 4/9/2021 | Pending sale | $124,500$195/sqft |
Source: Stellar MLS #U8117019 Report a problem | ||
| 3/20/2021 | Listed for sale | $124,500-0.4%$195/sqft |
Source: | ||
| 3/10/2021 | Listing removed | $125,000$195/sqft |
Source: | ||
| 1/29/2021 | Price change | $125,000+0.8%$195/sqft |
Source: | ||
| 12/21/2020 | Price change | $124,000-3.9%$194/sqft |
Source: KELLER WILLIAMS GULF BEACHES #U8101500 Report a problem | ||
| 12/7/2020 | Listed for sale | $129,000$202/sqft |
Source: KELLER WILLIAMS GULF BEACHES #U8101500 Report a problem | ||
| 12/1/2020 | Pending sale | $129,000$202/sqft |
Source: KELLER WILLIAMS GULF BEACHES #U8101500 Report a problem | ||
| 10/26/2020 | Listed for sale | $129,000-14%$202/sqft |
Source: KELLER WILLIAMS GULF BEACHES #U8101500 Report a problem | ||
| 8/26/2020 | Listing removed | $150,000$234/sqft |
Source: COLDWELL BANKER RESIDENTIAL #U8076438 Report a problem | ||
| 2/28/2020 | Listed for sale | $150,000+275%$234/sqft |
Source: COLDWELL BANKER RESIDENTIAL #U8076438 Report a problem | ||
| 1/7/2013 | Sold | $40,000-11.1%$63/sqft |
Source: Public Record Report a problem | ||
| 11/28/2012 | Pending sale | $45,000$70/sqft |
Source: CENTURY 21 Coast to Coast #U7563035 Report a problem | ||
| 10/29/2012 | Listed for sale | $45,000-2.8%$70/sqft |
Source: Century 21 Coast to Coast #U7563035 Report a problem | ||
| 3/15/2012 | Sold | $46,300-7.2%$72/sqft |
Source: Stellar MLS #U7519881 Report a problem | ||
| 7/21/2011 | Listed for sale | $49,900$78/sqft |
Source: RE/MAX Action First #U7519881 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,701 +5.3% | $127,994 +2.1% |
| 2024 | $1,616 +2.8% | $125,331 +3% |
| 2023 | $1,572 +3.8% | $121,681 +3% |
| 2022 | $1,514 -16.1% | $118,137 +45.9% |
| 2021 | $1,805 +14% | $80,982 +10% |
| 2020 | $1,584 +4.4% | $73,620 +10% |
| 2019 | $1,517 | $66,927 -8.5% |
| 2018 | $1,517 +8% | $73,125 +5.4% |
| 2017 | $1,404 +25.1% | $69,392 +38% |
| 2016 | $1,122 +7.4% | $50,284 +9.7% |
| 2015 | $1,045 -2.5% | $45,852 -2.1% |
| 2014 | $1,071 +5.2% | $46,839 +6.3% |
| 2013 | $1,018 +6.6% | $44,051 +6.5% |
| 2012 | $955 | $41,344 -12.6% |
| 2011 | -- | $47,315 -21.8% |
| 2010 | -- | $60,480 -19% |
| 2009 | -- | $74,676 -1.2% |
| 2008 | $1,629 | $75,600 -1.6% |
| 2007 | -- | $76,800 +14.8% |
| 2005 | -- | $66,900 +54.1% |
| 2004 | $1,055 +8% | $43,400 +8.5% |
| 2003 | $977 +31.6% | $40,000 +16.6% |
| 2002 | $742 | $34,300 +14.3% |
| 2001 | $742 +4.7% | $30,000 +4.9% |
| 2000 | $709 | $28,600 |
Find assessor info on the county website
Monthly payment
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Payment breakdown
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Neighborhood: Greater Pinellas Point
Nearby schools
GreatSchools rating
- 4/10Lakewood Elementary SchoolGrades: PK-5Distance: 1.9 mi
- 4/10Bay Point Middle SchoolGrades: 6-8Distance: 1.3 mi
- 4/10Lakewood High SchoolGrades: 9-12Distance: 1.2 mi
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