Real Estate Views from St Pete

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Parkshore Plaza - downtown St Petersburg Florida - Market Update April 2008

Parkshore Plaze condominiums downtown St Petersburg FloridaParkshore Plaza - luxury condominium in downtown St Petersburg, Florida

This condo was completed in 2006 and overlooks Tampa Bay across Straub Park and the Vinoy Basin and marina.

There are currently 11 condominium residences for sale, ranging from $729,500 for an 1,825 sq ft unit on the second floor to $2,799,000 for a 4,326 sq ft townhouse.

One condominium is currently under contract, which was listed at $1,220,000.

So far this year, 2008, there has been one sale, for $1,180,000 for a 3,000 sq ft unit in Tower One.

All of the residences have a waterfront view, many of them with  view of the skyline of downtown St Petersburg as well as out into Tampa Bay.

Comments

is the current Florida market as bad as we here on the news. From the national news channels it is all gloom and doom.   Is it leveling off or getting worse?  I am very interested because the Florida market directly affects our market in East Tennesse.

Posted by Brian Keller (Keller Realty and Auction) about 4 years ago

Hi, Brian. Yes, we have much more inventory; yes, we have decreasing average prices - but the good news is, there are still buyers buying, and some neighborhoods/condos are increasing in prices. Averages don't tell the whole story.

Posted by Sharon Simms St Pete FL - CRS CIPS CLHMS RSPS (ALVA International, Inc.) about 4 years ago

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