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Bayfront Tower Market Update 2013 1st Quarter

Bayfront Tower Condominiums

Bayfront Tower condominiums

 

Sales at Bayfront Tower have been brisker in the first quarter of 2013 than in the last several years (the last year with the current rate of sales was 2004). There have been 7 sales in 2013, ranging from $320,000 to $721,000. Price per square foot ranged from $261 to $328, with an average of $282/sq ft, an increase of 42% over last year. Size of units that sold this year ranged from 1,146 sq ft for a 1 bedroom unit to 2,200 sq ft for a 3 bedroom unit.

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Hotel lobby on the top floor – condo amenities on the top floor

Bayfront Tower common area view

View from Bayfront Tower

Times and trends change, including the best use for the top floor of a building. Remember when hotel restaurants used to be on the top floor, and perhaps even rotating? Then they moved them down to the lobby floor, losing the panoramic view. USA Today wrote this morning about a new hotel where the LOBBY will be on the top floor (70th story, in Los Angeles).

Let’s look at the top floor in downtown St Pete condos. The newest buildings all use the top floor prime space for penthouses. Bayfront Tower was the first highrise condo in downtown St Pete, built in 1975. The entire top floor, the 28th, is common area, all 31,000 sq ft of it. The rooftop, the 29th floor, is also common area with a swimming pool, jogging track, barbecue area, etc. So, all the residents can enjoy the 360° view, inside and out. So those whose condos have a city view or distant Gulf view can enjoy morning coffee watching the sunrise or afternoon cocktails watching the sunset. Bayfront Tower is the only downtown St Pete condo whose top floor can be enjoyed by all the residents.

SEARCH  BAYFRONT TOWER CONDOS FOR SALE

SEARCH DOWNTOWN ST PETE CONDOS FOR SALE

and contact The Simms Team at ALVA International, Inc. for all your real estate need.

 

 

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Bayfront Tower Valet Parking

 Valet parking at Bayfront Tower is one of its unique amenities. In fact, Bayfront Tower is the only downtown St Petersburg condo that offers valet parking. It’s included in the maintenance fee, not an extra. If you want to park your own car, that’s ok, too.

It’s nice to come back from grocery shopping and have someone to help get the groceries out of your car and put them in a shopping cart to take up to your condominium home. It’s nice to drive home and have a familiar, welcoming face greet you at your car, open your door and see that you get safely inside.

It’s nice to call downstairs and have your car waiting for you when you get out of the elevator. On a very hot day, it’s nice to have the air conditioning already on in your car. 

For more information on Bayfront Tower amenities an Bayfront Tower condos for sale, contact The Simms Team at ALVA International, Inc.

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Bayfront Tower Market Update 12-1-11

Here’s the Bayfront Tower Market Update for 12-1-11:

As of December 1st, 2 units were listed for sale, from $439,900 to $669,500.

Check BAYFRONT TOWER CONDOS FOR SALE here.

So far in 2011  there have been 15 sales, ranging from $165,000 to $550,700. During 2010 there were 10 sales, from $200,000 to $735,000.

As of December 1st, there were no units available for rent at Bayfront Tower. Two condos rented during November, ranging from $2,000 to $3,000 per month. So far this year there have been 8 condos rented at Bayfront, ranging from $1,000 to $3,000/month.

Call or email The Simms Team at ALVA International, Inc. for additional information or to see any of these condos.

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