Real Estate Views from St Pete

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Signature Place Condo Auction: Going Once, Going Twice, SOLD!

Signature Place condosThe auction at Signature Place has been creating buzz in downtown St Pete for the last few weeks. Today was it - the auction.  As we expected, all 41 sold, as well as 10 additional ones they put up for bid. Also as we expected, all of them sold above the minimum bids.So - 51 times this afternoon we heard GOING ONCE, GOING TWICE ....  SOLD!

It was interesting to watch the bidders - some people would bid each time to their limit and stop; some were coaxed a bit higher. Some had two determined bidders going back and forth. Yes, it was an exciting place to be.

Sale prices ranged from $174,000 to $742,000.

We've posted more details on the Signature Place condo auction in downtown St Petersburg ...

 

Comments

So how much is it gonna cost me to rent your new diggs?

Posted by Kevin J. May Naples, FL Southwest Florida Real Estate (Prudential Florida Realty) almost 2 years ago

Kevin - there are currently 3 condos at Signature Place that are offered for rent.  All are 2 bedroom 2 bath units and range from 1,447 sq ft to 1,521 sq ft with prices ranging from $2,500/mo to $2,895/month.

Posted by Sharon Simms St Pete FL - CRS CIPS CLHMS RSPS (ALVA International, Inc.) almost 2 years ago

Sharon, I've never been to a real estate auction, and I think the time has come, even if just for the fun of it.

Posted by Patricia Kennedy (Evers & Company Realtors) almost 2 years ago

Wonderful information Sharon! Excellent post!

Thank very much for sharing!

Posted by Adam Malachi QSC,CDPE,CIPS,CNE,CRB,CRS,GRI,MRE,SFR (RLO Millennium Real Estate and Mortgage.) almost 2 years ago

Patricia - if you can, go to one run by Accelerated Marketing Partners - they did a great job. No schills, no revoking properties, good management.

 

Adam - thanks for your comment.

Posted by Sharon Simms St Pete FL - CRS CIPS CLHMS RSPS (ALVA International, Inc.) almost 2 years ago

it's reaching for the sky and what a pretty sky it is, too!  I love auctions, hope everyone is happy with the way it turned out.

Posted by Judi Barrett~Integrity Real Estate Services~Idabel, Oklahoma almost 2 years ago

Judi - pretty sky and pretty view. Naturally the losing bidders aren't happy, but the others seem to be.

Posted by Sharon Simms St Pete FL - CRS CIPS CLHMS RSPS (ALVA International, Inc.) almost 2 years ago

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