Real Estate Views from St Pete

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Florencia Condo - Downtown St Petersburg - Market Update 1-19-08

The Florencia condo is a luxury building developed by JMC Corporation (Mike Cheezem) at 100 Beach Drive NE. It's across the street from a park and has views of Tampa Bay.

During 2007 there were 3 sales in the building:  $1,050,000       $1,250,000     $1,250,000

There is currently one condominium on the market, which is priced at $1,150,000.  Based on last year's sales, there is a 4 month supply on the market.

One unit at The Florencia is currently offered for lease at $5,800 per month.

 

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