Florida.Simms.com

Choose Your Lifestyle

Categories

Translator

Archives

Comparing St Pete area Condos: Pools

Pool at Parkshore Plaza

Whether you’re comparing downtown St Petersburg condos or beachfront condos, there are many questions to ask. More importantly, ask questions deeper!

It’s obvious in most cases to ask if the condo has a pool. Many people want that amenity. Others wouldn’t use it and don’t want the expense in their maintenance fee.

There are deeper questions to ask, though:

  • Is the pool heated? To what temperature is the pool heated? Is it heated only when the air temperature is within a certain range, or certain months of the year? How is it heated? Some of the downtown St Pete condos have converted to geothermal heating, for efficiency and cost savings.
  • What’s the pool size and depth? For competitive swimmer, having a regulation lap length may be important. Are there separate areas for lap swimmers and people just relaxing and having fun?
  • What about children? Do they need to be accompanied by adults? Are there only certain times that children can use the pool?
  • What are the pool hours? This can be important not only for your use, if you plan to swim early in the morning or late in the evening, but for your enjoyment. If your condo is directly above or beside the pool, what are the noise implications?
  • Can the pool be reserved for private parties? Can you bring food and drinks to the pool? Are there any restrictions on bringing friends or houseguests to the pool?

Please understand that some of these answers are fixed – ie., the size of the pool – but others are Rules and Regulations that may be changed.

Your real estate agent should be able to get this information for you. If you aren’t currently working with a real estate agent, ask The Simms Team at ALVA International real estate to help.

 

Spoken by Sharon Simms | Discussion: No Comments »

Do you need that extra bedroom in your downtown St Pete condo?

 Whether you’re looking for a 2 bedroom condo or a 3 bedroom condo in downtown St Petersburg, it’s worth asking whether you need that extra bedroom. If it’s for an office you’re going to be using everyday, or a craft/game room, or for a permanent resident, you probably do need it. My question is whether you need the extra guest bedroom. Is it for a family member who only comes for one week during the year? Is it for friends who may be there a couple of weeks a year? Consider the cost of buying the extra bedroom and then the additional maintenance cost and utilities. Compare that to the cost of putting them in a hotel nearby. There are downtown St Peterburg hotels in a variety of price ranges and several Bed & Breakfast inns. Some of the hotels are right next door to a condo.

Moving down from the north? Consider whether you want to be a hotel. Close friends will probably be welcome, but a series of acquaintances perhaps won’t be. Can you easily say No to a request to visit you? 

Perhaps you don’t want a smaller condo – you may still buy a 3 bedroom condo but make it into a 1 bedroom condo with 2 offices. Think outside the box on how you really want to use the condo you’re buying. Think smaller, think larger, think repurposing. 

Would some outside input help? A brainstorming session? Helping you with these things is just one of the things that you get from The Simms Team. Contact Sharon, Tami or Rob to meet with you early in the process, when you’re starting to explore whether you even want to move to a condo. 

Spoken by Sharon Simms | Discussion: No Comments »

St Petersburg Penthouses: Vinoy Place

 Vinoy Place has four towers so it has four penthouses. Each one is the entire top floor. The sizes range from 5,013 sq ft to 5,359 sq ft plus lots of balcony space. The elevators have fobs so that each owner can have complete privacy or can allow guests to stop at their condo. Parking is covered and most of it is under the buildings. The towers at Vinoy Place are mid-rises so each of the penthouses is on the 13th floor. 

The amenities at Vinoy Place include a security gate that is staffed 24/7, two pools, a conference room, a billiard room, a TV area, a catering kitchen and various gathering rooms. There is an onsite manager. Vinoy Place does not have a fitness center as the developers expected that most owners would join the Vinoy Club and use the fitness center at the adjacent Vinoy Resort. Many owners do join the Vinoy Club to also use the tennis courts, golf course and marina.

One of the penthouses at Vinoy Place is currently on the market at $3,200,000. Please contact The Simms Team at ALVA International, Inc for more information or to arrange a showing.

Spoken by Sharon Simms | Discussion: No Comments »

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.

Spoken by Sharon Simms | Discussion: No Comments »

Bayfront Tower is ready for Christmas

The Street murals in the lobby of Bayfront Tower are a unique backdrop for this Christmas display.

                    See all Bayfront Tower active condo listings here

20111214-081208.jpg

 

 

 

Spoken by Sharon Simms | Discussion: No Comments »

Signature Place

Signature Place condos

Signature Place condos

Notes from Rob:

A lot has happened to Signature Place since pre-construction sales started in 2006.  Initial sales went very well, despite the market as it was starting to turn down.  But by the time the building was completed in 2009 the market was down significantly and many of the buyers were questioning their investment.  The developer then significantly dropped their  prices for everyone in a hope to lure new buyers and keep the existing ones in check.  That helped with some, but not others.  Financing had tightened, especially for investors. By the beginning of 2010, about 80 Signature Place units had been sold of the 244 total.    At that point the lenders wanted something to happen and in March an auction was held and 60 units were quickly sold.  Since then sales have remained steady.  As of yesterday, there are about 20 units under contract, and only 9 left for purchase with prices ranging from $185,000 to $1,044,000 (for the small penthouse).  Soon they should be able to finally say the building was sold out.  It was not as quick as they had hoped, but in today’s real estate market, selling out a condo building with 244 units in just over a year after completion is a success story.  The developer actually raised the prices on 2 of the remaining 9 units at Signature Place, citing supply and demand.  If you have liked the project and were waiting to see what happens, your chance to get in at the beginning is almost over.  If you are interested in seeing any of the units still available, give us a call at ALVA International, 727-898-2582.

Spoken by Rob Johnson | Discussion: No Comments »

Downtown St Petersburg Condos Market Update for September 2007

Market Update – Downtown St Pete Condos

At the end of September there were 185 downtown St Petersburg condos listed in the MLS, according to the Pinellas Realtor Organization. During the first nine months of 2007 there were 102 downtown condos that sold. This indicates a 16 month supply of condos – excluding new ones that may come onto the market. This isn’t constant across all price ranges and I’ll get to that later.

Both 475  and the (Whitney) Plaza on Fifth have started closing on some of their units. With an unknown number of available units from these developers and investor “flips” as well as The Sage, when it comes online, we’ll have even more choices for buyers. 400 Beach is also coming right along – it’s been interesting to watch as each color is added to the exterior. It will be great when the sidewalk is finished and we can use it instead of detouring.

57% of the downtown St Pete condo listings are less than $500,000; 24% are between $500,000 and $999,999; and 19% are listed at $1,000,000 or more. Under $500,000 there is a 12 month supply; $500,000-$999,999 there is a 26 month supply; over $1,000,000 there is a 63 month supply.  80% of the downtown condo sales this year have been less than $500,000.

September was particularly slow, with only three condos going to contract, and only three downtown condos closing. The average sales price was 95% of the listed price (at the time of sale, of course).

We’ve had several luxury buyers this year interested in buying downtown, but they have not yet been able to sell their existing homes. It’s become a game of dominos.

Nationally and globally, the rich are getting richer, and there are more of them. Even some billionaires missed out on making Forbes’ list of the 400 most wealthy. Appreciation on high end luxury homes has been greater than entry level luxury, which has been more affected by the economy. For an interesting and entertaining book, read Robert Frank’s Richistan.

Tami and I recently returned from attending the Who’s Who in International Real Estate annual conference which was held in Vancouver. Seattle and Vancouver have beautiful waterfronts, and were enjoyable places to visit, but we were both glad to get back to St. Pete – which, in our opinion, has the best waterfront of all!

Spoken by Sharon Simms | Discussion: No Comments »

Downtown St Petersburg Condos Market Update for September 2007

Market Update –

Downtown StPete Condos

At the end of September there were 185 downtown St Petersburg condos listed in the MLS, according to the Pinellas Realtor Organization. During the first nine months of 2007 there were 102 downtown condos that sold. This indicates a 16 month supply of condos – excluding new ones that may come onto the market. This isn’t constant across all price ranges and I’ll get to that later.

Both 475  and the (Whitney) Plaza on Fifth have started closing on some of their units. With an unknown number of available units from these developers and investor “flips” as well as The Sage, when it comes online, we’ll have even more choices for buyers. 400 Beach is also coming right along – it’s been interesting to watch as each color is added to the exterior. It will be great when the sidewalk is finished and we can use it instead of detouring.

57% of the downtown St Pete condo listings are less than $500,000; 24% are between $500,000 and $999,999; and 19% are listed at $1,000,000 or more. Under $500,000 there is a 12 month supply; $500,000-$999,999 there is a 26 month supply; over $1,000,000 there is a 63 month supply.  80% of the downtown condo sales this year have been less than $500,000.

September was particularly slow, with only three condos going to contract, and only three downtown condos closing. The average sales price was 95% of the listed price (at the time of sale, of course).

We’ve had several luxury buyers this year interested in buying downtown, but they have not yet been able to sell their existing homes. It’s become a game of dominos.

Nationally and globally, the rich are getting richer, and there are more of them. Even some billionaires missed out on making Forbes’ list of the 400 most wealthy. Appreciation on high end luxury homes has been greater than entry level luxury, which has been more affected by the economy. For an interesting and entertaining book, read Robert Frank’s Richistan.

Tami and I recently returned from attending the Who’s Who in International Real Estate annual conference which was held in Vancouver. Seattle and Vancouver have beautiful waterfronts, and were enjoyable places to visit, but we were both glad to get back to St. Pete – which, in our opinion, has the best waterfront of all!

Spoken by Sharon Simms | Discussion: No Comments »

Urban Downtown Living in St Petersburg Florida

This blog will have periodic postings about properties, buildings and developments in downtown St. Petersburg. All around the country people are moving back to urban areas to enjoy living close to lots of amenities. They want to walk from home to shopping, restaurants, galleries, museums, movies, events. They want to regain the time they spent commuting and eliminate having to use a car every day.

Urban living is about lifestyle and activities as well as properties, so we’ll focus on all of those here. We’ll discuss what’s planned, what’s approved and what’s here. We’ll talk about places and events.

We welcome your comments to any of our blogs.

Spoken by Sharon Simms | Discussion: No Comments »

St. Petersburg Developer increasing Ovation Condo Prices as of March 12, 2007

JMC Communities, the builder of this 27 story luxury highrise on Beach Drive in downtown St. Petersburg, has announced that as of March 12, 2007 the prices will be increasing by $100,000 per unit, and the decorator allowance offered to early purchasers will also be reduced. This was to be expected, since the groundbreaking took place last month. There are a total of 42 condo units and 3 city homes, as well as retail space along the street. From this prime location at the corner of Beach Drive and 2nd Avenue North, there is convenience to walk to shops, restaurants, museums, a variety of movies and theater, as well as fabulous views of the park, The Pier, the marinas and waterfront, and open Tampa Bay. Contact us now for additional information.

Spoken by Sharon Simms | Discussion: No Comments »

Next Entries »

Add to Technorati Favorites Directory of Real Estate Blogs Real Estate Blogs - Blog Top Sites

Copyright © 2007 Florida Simms     Agent Login     Design by Real Estate Tomato     Powered by Tomato Blogs