Investor Special in highly desirable Velvet Cloake, a tranquil 55+ waterfront community along the shores of Tampa Bay! This 1-bedroom, 1-bath condo offers an incredible opportunity to renovate and add value in one of St. Petersburg’s most peaceful yet centrally located areas. Inside, the unit is a blank canvas ready… Read More for transformation. With the right vision, this property has strong potential as a seasonal getaway, long-term hold, or resale opportunity.
What truly makes this property stand out is the lifestyle and location. Velvet Cloake is a hidden gem waterfront community offering resort-style amenities, including a heated pool, clubhouse with full kitchen, shuffleboard courts, grilling areas, and beautifully maintained grounds. Enjoy direct access to Tampa Bay with a fishing pier, kayak and paddleboard launch, and scenic walking paths perfect for soaking in the Florida sunshine.
Located just minutes from Downtown St. Petersburg, you’ll have easy access to top-rated restaurants, museums, shopping, and the St. Pete Pier, along with a short drive to the Gulf beaches. Quick access to I-275 makes commuting to Tampa and the surrounding areas effortless.
Opportunities like this are rare. Whether you’re looking to renovate and resell or hold as an investment, this is your chance to secure a property with significant upside potential in an unbeatable location. Read Less
Courtesy of EXP REALTY LLC 888-883-8509
Listing Snapshot
Days Online
1
Last Updated
Property Type
Condominium
Beds
1
Full Baths
1
Square Ft.
640
Lot Size
4.07 Acres
Year Built
1967
MLS Number
TB8490784
Additional Details
Property Access
Road Surface: Asphalt
Appliances & Equipment
Dishwasher, Microwave, Range, Refrigerator, Other equipment: None
Building
Built in 1967, Living area: 640, Living area units: Square Feet, Building faces West, 1 storey, Levels: One, Construction Materials: Block
Community
Buyer Approval Required, Gated Community - No Guard, Pool
Cooling
Central Air
Exterior Features
None
Floors
Carpet, Concrete
Foundation
Slab
Home Owner's Association
Fee Includes: Cable TV, Pool, Escrow Reserves Fund, Insurance, Internet, Sewer, Trash, Water
Interior Features
Primary Bedroom Main Floor
Laundry
None
Lot
4.07 acres
Pets Policy
Allowed: No
Roof
Shingle
Sewer
Public Sewer
Taxes
Additional parcels description:, Parcel Number: 18-32-17-93839-002-1220, Public Survey Range: 17, Public Survey Section: 18, Annual Amount: $2,416.88, Tax Book Number: 40-2, Legal Description: VELVET CLOAKE CONDO EAST BLDG, UNIT 122, Year: 2025
Utilities
Public, Water Source: Public
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
Listings courtesy of Stellar MLS as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Confirm your time
Fill in your details and we will contact you to confirm a time.