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Downtown St Petersburg Condo Rentals

Notes from Rob:

Have been spending more and more of my time helping people find downtown rentals and it has its ups and downs. The up side is that you are helping people find a place to live and as with most real estate agents, if you take care of them now, then when they are ready to buy, they will remember you as the agent they want to work with. The negatives are that many listing agents/owners give such a poor fee that in many cases you actually lose money (time and gas expenses) to show the rental clients the many available properties.

It is a good time to rent if you are an owner of a downtown condo as the inventory is very low right now, especially in the high end units. While rental prices dipped in 2008 and 2009, as you could get a 3,000 square foot unit for as low as $3,000 a month, the prices have been rising as the inventory gets scarce and today you are looking at closer to $4,000 a month for the same front unit at Parkshore, 400 Beach or the Vinoy. And if you find one you like, grab it, as they are not staying on the market for long.

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