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Parkshore Plaza Market Update 4-21-09 Luxury condominiums downtown St Petersburg Florida

Parkshore Plaza currently has 19 condos in the Multiple Listing System of Pinellas County actively for sale, ranging from $435,000 for a 1,421 sq ft townhouse facing 1st St to $1,850,000 for a double unit with 5,465 sq ft. This is approximately 16% of the total units. All of the developer units have been sold.

4 units in Parkshore Plaza have contracts pending, with list prices from $448,500 to $1,295,000.

So far this year there have been 3 sales, ranging from $500,000 to $999,000.

5 units are currently offered for rent in Parkshore Plaza through the MLS, ranging from $3,500/month to $5,250/month. So far this year 5 have been rented, from $3,000/mo to $4,200/month, according to the MLS. There are a total of 17 units that have been rented, and two of the five available for rent do not show a prior rental – indicating that about 15% of the units at Parkshore Plaza are leased.

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