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Vinoy Place market update – July 11, 2009

Vinoy Place poolVinoy Place condos is proof that it’s all about location, location, location. For downtown St Pete resale condos over $500,000 there’s a 10 year supply – but at Vinoy Place there’s less than a one year supply.

Currently there are 9 condos listed for sale in the MLS at Vinoy Place, ranging from $595,000 for an 1,875 sq ft unit (a short sale) to $2,200,000 for a 4,033 sq ft townhome. The typical units range from 2,649 sq ft to 3,373 sq ft and range currently from $990,000 to $1,399,000.

So far in 2009 there have been 5 sales in Vinoy Place, ranging from $775,000 to $1,200,000.

If you’d like help buying or selling in Vinoy Place, please contact The Simms Team at ALVA International, Inc. We’re right nearby at 238 Beach Drive NE, across from the Museum of Fine Arts.

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