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400 Beach and Parkshore Plaza

 

 

 

 

 

 

 

 

 

400 Beach and Parkshore Plaza were both developed by Opus South, a year apart. The two luxury condominiums a block apart on Beach Drive have many similarities, but each has a different flavor. The common areas at Parkshore have a more traditional decor; 400 Beach is more New York contemporary. The pool at Parkshore is surrounded by the building; at 400 Beach it has a view of the water. Parkshore has a more central location and 400 Beach is built and angled a bit more to the east so has better views of the Skyway. The floor plans of the majority of the tower, 4 per floor, are similar yet have differences. Both are worth looking at if you’re in the market for a luxury condo in downtown St Petersburg.

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Update on 400 Beach luxury condos in downtown St Petersburg

400 Beach luxury condos in downtown St Pete

400 Beach luxury condos in downtown St Pete

The 18 unsold condos at 400 Beach still owned by the developer when Opus South filed for bankruptcy will be owned by the lender, Wachovia Corp, which is now part of Wells Fargo, according to a news release by the Tampa Bay Business Journal.  Redus 400 Beach LLC had the winning bid of $9 million at the October 1st auction.  The deal is expected to close by October 16 and Wachovia will still have to decide if it wants to sell the units individually or in bulk. The condos range in size from 2,395 sq ft to a 7,000 sq ft penthouse.

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400 Beach luxury condominium in downtown St Petersburg Florida

Construction has been going well on 400 Beach, the latest luxury condominium in downtown St Petersburg that Opus is developing. Sections are being painted, with multiple coordinating sand-peach-beige colors. Now we’re seeing pavers being set for the sidewalks along Beach Drive.

Opus estimates that the first closings will occur in December 2007, starting with the lower floors, and should continue through the first quarter of 2008.

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