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400 Beach – Luxury Downtown Condo – St Petersburg FL

400 Beach is the latest luxury condo to open along Beach Drive in downtown St. Petersburg. Closings began in December 2007 and the first residents moved in. Closings of the developer units are continuing. So far, 30 of the 93 units have closed.

There are currently 15 units on the market, ranging from $749,000 to $5,500,000. Five of the 15 units are developer owned. Four units are offered for annual lease, ranging from $4,000/month to $5,500/month. For those who are curious – the cost per square foot ranged from $344 to $581, with an average of $421/sq ft.

Shops and restaurants will line Beach Drive and 4th Avenue North on the sidewalk level – there are posters in the windows but none have yet opened. Above these are “city” homes. Then the recreation level – the pool deck overlooks the park and waterfront.

The owners entrance to the building is actually on the west side, and you walk into a crisp, contemporary lobby (or drive into the garage, accessed from the same street). Elevators take you to the recreation level. The common areas, too, have contemporary design and furnishings. The billiard tables are open to other areas rather than being in a separate room. Naturally there is a fitness center as well.

The units in the tower (28 stories high) all have elevators with access to your unit under your control. The condos are spacious, all with water views. There are similarities to the floor plans in Parkshore Plaza, which the same developer, Opus, completed in 2006.

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