Real Estate Views from St Pete

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Downtown St Petersburg Condos - Market Update April 15, 2008

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 ... 

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