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Florencia Condo Market Update St Petersburg Florida 2-8-10

The Florencia Condo in downtown Saint Petersburg

The Florencia Condo in downtown Saint Petersburg

The Florencia, a luxury condominium in downtown St. Petersburg Florida has quality construction by JMC Development. It was built in 2000 and 67% of the current owners are the original purchasers, so not many condos come available. 90% of the owners have their homestead here so the Florencia is a very stable condo community Each year 0 to 3 condos sell. In 2009 there was only one sale for $725,000.  There are currently two Florencia condos offered for sale, one on the 4th floor at $675,000 and one on the 7th floor for $825,000.  Both of them are the Marsala floor plan with 2,730 sq ft and two balconies. The Florencia has a prime location on Beach Drive, convenient to the waterfront, parks, restaurants, shops, museums and more. It has a Walk Score of 98 out of a possible 100.

Written by sharonsimms | Discussion: No Comments »

Good Night Moon

Good Night Moon linens in downtown St Petersburg

Good Night Moon linens in downtown St Petersburg

Good Night Moon was another destination on yesterday’s Mother Daughter Morning. In the photo at the left you see Tami chatting with Diane Lyle, who owns Good Night Moon. After ten years, this linens boutique has moved around the block from Beach Drive to 205 1st St NE and we wanted to visit Diane and her new location. We found the expected hospitality, and lovely displays of upscale linens. Good Night Moon is also a baby boutique and a great place to shop for gifts, whether for baby or grownups. We hope that the new downtown condo owners will find their way to Good Night Moon at their new location.

Written by sharonsimms | Discussion: No Comments »

Cafe 100 in downtown St Petersburg

Cafe 100 downtown St PetersburgCafé 100 in downtown St Petersburg was the first destination on our Mother-Daughter Morning today. Tami and I went over to Cafe 100 on the ground floor of the Northern Trust Building as part of our search for breakfast options in downtown St Pete.  Lonnie greeted us warmly on a cold morning and explained their many choices,  even telling us the portion sizes so we wouldn’t over order. How about a breakfast special?  2 eggs with bacon or sausage plus potatoes or grits or oatmeal, plus toast, plus coffee – all for $3.50. Check out the Café 100 menu online. They open at 7 am. Oh, yes – we had a great meal. You can check reviews at Urban Spoon.

Written by sharonsimms | Discussion: No Comments »

Ovation Penthouse Sale

Ovation luxury condos in downtown St Petersburg Florida

Ovation luxury condos in downtown St Petersburg Florida

To cap off 2009, buyers closed on a penthouse at Ovation for $4,200,000.  This was the highest sale price for a condo in 2009, according to the Pinellas Realtor Organization. Kudos to JMC and to the buyers of the Ovation penthouse. It’s interesting that the next two highest condo sales in 2009, between $3 Million and $4 Million, were also JMC construction, at the Sandpearl on Clearwater Beach.

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Celebrate First Night in downtown St Petersburg

Fireworks in downtown St Petersburg

Fireworks in downtown St Petersburg

Celebrate First Night tonight in downtown St. Petersburg. For the 17th time, downtown St Petersburg has lots of fun planned – musical events, fireworks, restaurant specials – you can check out the whole First Night schedule online. Enjoy the downtown waterfront and all the parks, and see why so many people choose to live downtown.

Several downtown condos are great spots to view the fireworks and see the activities.  Live at Vinoy Place, 400 Beach, Parkshore Plaza, Cloisters, Ovation, Florencia or Bayfront Towers? Great views. If you don’t live there, we can help.

ALVA International will be closing their downtown St Pete office on Beach Drive at noon today for a long New Year’s weekend. We’re available by appointment, though, so just call our office at (727) 898-2582.

Written by sharonsimms | Discussion: No Comments »

Wedding Bells Indeed

Newly Married - after successful sale of properties

Newly Married - after successful sale of properties

Earlier this year we had a sign rider made for a home for sale, Wedding Bells.  We wanted prospective buyers to know that this was a happy house and a happy sale – and also wanted to add a touch of mystery. What do they mean by that? Two of our friends/clients were planning to marry, but first we had to sell her house and his condo so they could buy a new home together.

House sold! Condo sold! Monday we closed the ALVA International real estate office so that all of us could attend their wedding at Ft. DeSoto Park.

Written by sharonsimms | Discussion: No Comments »

Dynamic Dining Rooms

Dynamic Dining Rooms

Dynamic Dining Rooms

This article on Dynamic Dining Rooms is one of the articles in our latest Home By Design magazine.

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Fernando Botero bronzes come to the Museum of Fine Arts

A Botero Bronze at the Museum of Fine Arts St Petersburg Florida

A Botero Bronze at the Museum of Fine Arts St Petersburg Florida

The Simms Team looked out our window this afternoon and saw this bronze statue being installed. This is a bronze by Fernando Botero, and is part of an exhibition coming to the Museum of Fine Arts in downtown St Petersburg Florida, The Baroque World of Fernando Botero, which will be here January 9 – April 4, 2010. The exhibit will have 100 works of art, including bronzes and paintings, culled from the private collection of Fernando Botero, a Colombian artist living in Medellin.

When you visit the exhibition, please stop in and say hello to The Simms Team at ALVA International, Inc. across the street at 238 Beach Drive NE. If you decide you’d like to live closer to everything going on in St Pete, remember that the Simms Team can help you with all your real estate needs.

Written by sharonsimms | Discussion: No Comments »

Charming bungalow in Uptown sold to happy buyers

Terry

Notes from Rob:

Rob’s Sale #16 for the year – Uptown neighborhood of St. Petersburg.

The Simms Team received a call in May from a couple in Tampa looking for a house in St Petersburg.  For what they wanted, it looked like we would be playing the short sale game.  By the begining of June, we found the house and made our offer.  Believe it or not, we faced multiple bids, but ours came out on top.  Then the waiting game began.  By the end of September we had heard from the bank and they had agreed to our office.  Then came all of the lender issues.  The lender was  Bank of America that we had used many times before, but this time everything became an issue.  After the appraisal, we had the list of items that needed to be repaired before closing…of course they told us this one week prior to closing, so it was a rush to get everything repaired, and reinspected by the appraiser.  My clients were anxious and wanted to move in already.  Finally, everything came together and we were able to get the sale completed.  The work involved these days from contract to closing is unbelievable.  I was talking to another agent this morning –   she put a house under contract yesterday with a scheduled closing of December 21st, with FHA financing.  I wish her luck, as I would be skeptical of having an FHA loan go through  in less than three weeks during the Christmas season.   I’ll be watching to see what happens.

Written by robjohnson | Discussion: No Comments »

Marine Science Hub in St Petersburg

SRI officially opened its new waterfront building this week. Just a couple of months ago Draper Labs opened their St Petersburg facility. They predict more high tech companies will be moving to this area. Both of these companies concentrate on turning university research and patents into commercially successful projects. These are the companies I was mentioning to my grandson, Matthew, at dinner recently, when he asked, “Which is more important, intelligence or creativity?”

There should be a marine monument to Dr. Peter Betzer, former dean of St Petersbuyrg’s College of Marine Science. Back in 1998 the US Geological Survey (USGS) opened in St Petersburg, largely due to Dr Betzer’s efforts. That led to the Florida Integrated Science Center, combining USF, USGS and state and national marine groups. One goal was to spur many satellite companies in the marine industry. SRI and Draper are certainly products of that goal, and we welcome them to St Pete. St Petersburg is a wonderful place for a marine sciences and labs hub.

Written by sharonsimms | Discussion: No Comments »

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