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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.

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400 Beach Market Update

400 Beach releases last 18 condos

400 Beach releases last 18 condos

400 Beach, luxury condo in downtown St Petersburg, has been the subject of speculation since Wachovia foreclosed on the 18 unsold units. We’ve had lots of questions: will they be marketed individually or as a package? What will be prices be?  Today some of those questions have answers. Wachovia has hired Smith & Associates to represent them in the sale of these units and they will be listed in the Multiple Listing Service on Monday, February 22nd. Prices will be released at that time. You can check back at this blog, or you can ask me to email you the units and prices on Monday.

This week prospective buyers who gave Letters of Intent on units in the building will have an opportunity to make a revised Letter of intent only on the unit or units they chose previously. Any not sold by Monday will be released to the public.

That’s the second big announcement; the first was that Dale Chihuly will open a 10,000 sq ft gallery on the ground floor by July 4th of this year.

Contact The Simms Team for more information.

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Grand Bohemian Market Update

On August 15, 2007, the Kessler group closed on the purchase of the land at the northwest corner of 2nd St and 2nd Ave N.

In order to start construction on the hotel sooner, Kessler has reduced the number of condominiums above the hotel from 50 down to 22 – thus reducing the height of the building from 32 stories to 26 stories.

Though redrawing the plans will delay the start of construction, completion is still scheduled for Fall 2009.

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