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Downtown St Petersburg Condo Rentals – Market Report October 2008

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Downtown St Petersburg condo rentals as of November 1, 2008 ranged from $750/month for a small 1 bedroom unit at either Bay Villas or Flori de Leon (age 55 and older) to $5,000/month for a 3 bedroom unit at Parkshore Plaza. There were 45 units available, a decrease from a month earlier. Most of these are annual rentals. According to the Pinellas Realtor Organization, these were available:

1 bedroom units:  17 available, from $750/month to $2,000/month

2 bedroom units:  17 available, from $1,100/month to $5,000/month

3 bedroom units:  11 available, from $1,950/month to $5,000/month

 

 

Condos rented during October 2008 are:

1 bedroom units:  2 leased, ranging from $850/month to $1,700/month

2 bedroom units:  2 leased, ranging from $1,650/month to $2,250/month

3 bedroom units:  1 leased at $5,000/month.

 

Downtown St Petersburg currently has a 9 month inventory of condo units available for rent: a 8½ month supply for 1 and 2 bedroom condos, and an 11 month supply for 3 bedroom condos.

 

Please contact The Simms Team at RE/MAX Metro in downtown Saint Petersburg, Florida, for additional information on any particular condo building, or regarding your specific requirements.

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