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Ovation

Ovation St Pete - click for larger photoOvation is a luxury condominium  in downtown St Petersburg. Completed in 2009, it has 42 tower residences (only 2 per floor, with penthouses having entire floors) and 3 city residences, in 27 stories. It’s location at the corner of Beach Drive and 2nd Ave N is in the heart of downtown, with superb water views, and a short walk to restaurants, marinas, museums, shops, colleges, parks, and more. Built by quality developer JMC Communities, this is in a prime location. The three city homes range from 2,346 sq ft to 3,372 sq ft. Tower residences range are 3,660 sq ft and there are two per floor. Two of the floors have combined units, with 7,320 sq ft each.  The four penthouses have 5,329 sq ft each. Contact The Simms Team at (727) 866-0048 for more information.

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Statistical update for Ovation condominium in downtown St Petersburg as of 8-19-12

Entrance to Ovation luxury condos in downtown St Petersburg Florida

Entrance to Ovation luxury condos

Statistical update for Ovation condominium in downtown St Petersburg as of 8-19-12:

Each year in August the Pinellas County Property Appraiser’s Office sends out TRIM notices of the value of properties as of January 1, 2012, which is the basis for 2012 property taxes. Several units weren’t yet assessed then in Ovation, so the statistics are not for the entire building. The average “just market value” at Ovation condominium decreased 4.9% – or excluding the penthouses, decreased 4.3%   Individual units ranged from -18.8% for a penthouse  to +4.5% for a city home. Following the national trend toward smaller homes, the two units under 2,500 sq ft were the only one to increase Just Market Value. On most of the floors, there was no Just Market Value difference between the 02 south units and the 01 north units. On the 14th and 15th floors, the north units had a higher value, on the 23rd and 24th floors, the south units had a higher value.

Keep in mind that these values are now “old” since they don’t reflect any sales in 2012. Contact The Simms Team to learn more about how values have changed this year.

49% of the assessed condos at Ovation are homesteaded.  None of the condos have foreclosure liens. Six units have been resold, three of them because the owners bought larger units in the building.

TRIM notices have been mailed out and owners have 25 days from the mailing to file a petition with the Value Adjustment Board. The exact deadline is printed on the bottom right of the TRIM notice.  Only the value is at issue now as the tax/millage rates have not been finalized.

If you’d like more details on these statistics, contact Sharon Simmsof The Simms Team at ALVA International, Inc real estate or contact the Pinellas County Property Appraiser. The Simms Team is nearby at 238 Beach Drive NE, across from the Museum of Fine Arts.

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Search for luxury condos in downtown St Pete

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Countdown at Ovation: only 4 new condos left

 

 

 

Ovation, the premiere luxury condo in downtown St Petersburg, is on the final stretch with only 4 new condos still available. The least expensive is $1,590,000. Two of the four available can still be customized with your choices (included in the price). If you want it finished your way, now’s the time to buy.

For buyer representation at Ovation, contact The Simms Team.

 

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Most expensive condo sale in Pinellas County 2011

It’s always interesting to see where and what were the most expensive sales in a year. The highest condo sale in 2011 in Pinellas County sold for over $4,000,000. It wasn’t on the Gulf of Mexico, it was in downtown St Petersburg in the Ovation condo. There were also sales at Ovation in 2010 that were over $4,000,000. All of the larger units and penthouses have sold. The developer has 5 units left, starting at $1,590,000. There are also a few resales available.

Contact The Simms Team at ALVA International for more information and for Buyer Representation.

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Penthouse sold for $40 Million

A penthouse sold for $40 Million in New York City – a record $10,259/sq ft. The 3,899 sq ft penthouse is on the 41st floor of 15 Central Park West, developed by Zeckendorf.

In Pinellas County, the record sale is under $5 Million for a condo.  Five units have sold for over $4 Million – all of them were build by JMC Communities. Two are in Sandpearl on Clearwater Beach and three are in Ovation in downtown St Petersburg. All of them have over 5,000 sq ft.

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Ovation Penthouse Sale

Ovation luxury condos in downtown St Petersburg Florida

Ovation luxury condos in downtown St Petersburg Florida

To cap off 2009, buyers closed on a penthouse at Ovation for $4,200,000.  This was the highest sale price for a condo in 2009, according to the Pinellas Realtor Organization. Kudos to JMC and to the buyers of the Ovation penthouse. It’s interesting that the next two highest condo sales in 2009, between $3 Million and $4 Million, were also JMC construction, at the Sandpearl on Clearwater Beach.

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O Wave sculpture by Ovation condos St Petersburg

O Wave sculpture by Ovation luxury condos in downtown St Pete

O Wave sculpture by Ovation luxury condos in downtown St Pete

Last Friday this new glass and steel sculpture was unveiled. It’s in front of the Ovation luxury condos on the sidewalk at the corner of Beach Drive and 2nd Avenue N in downtown St Petersburg.  JMC Communities commissioned this piece by Gordon Huether of Napa, California.
I love looking at this as I walk or drive by (and I go a block out of my way each evening to drive by it) to see the beautiful changing colors in the overlapping glass panels that resemble the scales of a fish. I’m not a fan of contemporary art but this piece is appealing.
The wave is reflecting the blues with some pinks and purples, but when you look at the reflection on the sidewalk you see reds and oranges.
I like to think of downtown St Petersburg as The QuARTer because of all the art downtown – from museums and galleries to sidewalk sculptures and chalk poetry.  It’s all about the quality of life, isn’t it?
Thanks, JMC, for another wonderful addition to downtown St Pete.

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Ovation progress in St Petersburg Florida

Ovation penthousesOvation has progressed over the last months, and it’s nice to see the finishing touches occur, including the painting. Most of the luxury condominium building has two units per floor, but the four penthouse units are a full floor each. What magnificent views from these – from downtown Tampa to the Sunshine Skyway Bridge, from sunrise over Tampa Bay to sunset over the Gulf of Mexico. All of the tower units are divided on an east-west axis so each of them have both sunrise and sunset views. There are still a few units available, and occupancy is anticipated for August 2009.

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Ovation St Petersburg is Rising to the Occasion

JMC invited some of us today to visit the construction of Ovation luxury condominiums in St Petersburg. We were able to go up into the building, look at the views, and see what you’d see from each room. Fantastic views! This will be a 27 story structure, with only 2 condominiums per floor, which means you get both sunrises and sunsets. The top penthouses have the entire floor. Tower prices Read the rest of this entry »

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