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35 condos at Signature Place to be auctioned March 7th

Signature Place condos in downtown St Petersburg

Signature Place condos in downtown St Petersburg

35 condos at Signature Place, a new condominium in downtown St Petersburg Florida, are set to be auctioned March 7th, according to the St. Pete Times. The auction is scheduled for 1 pm at the Bayfront Hilton. Initial bids range from $135,000 for an 859 sq ft 1 bedroom condo to $430,000 for a 2,400 sq ft 3 bedroom condo. – about 2/3 less than the original asking prices. It will be an absolute auction. The auction company says the auction will re-calibrate real estate prices and unite buyers and sellers.

The Signature Place sales office will be open 7 days a week – I don’t know yet what the prices will be between now and the auction.

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