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Downtown St Petersburg Condo Rentals Market Update 8-1-2012

Downtown St Pete from Ovation

Downtown St Petersburg condo rentals are still in scarce supply.  There are 40% more than a month ago, but since that’s only an increase from 6 to 10, that isn’t much choice available. The ten condos listed for rent in the MLS range from $1,100 per month to $4,700 per month.  The $1,100/month condo is a 2 bedroom 1 bath unit at The  Beacon with 997 sq ft. The $4,700/month condo is a 3 bedroom 3½ bath unit at 400 Beach with 3,072 sq ft.  The average rent is $2,656/month.

Only 1 of the 10 condo units offered for rent will allow a pet. In many cases, this is a condo rule; in other cases, it’s the owner’s preference.

During July, 8 condo units were leased, ranging from $1,000/month at The Beacon to $4,000/month at 400 Beach.

Here’s what’s available on August 1, 2012: Read the rest of this entry »

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Downtown St Petersburg Condo Rentals Market Update 7-1-2012

Signature Place in downtown St Petersburg

Signature Place

 

Downtown St Petersburg condo rentals are in ever shorter supply. There are only 6 downtown St Pete condo units listed for rent in the mid-Florida MLS, ranging in price from $2,200/month to $4,000/month. The average rent is $3,100/month. One is a 3 bedroom townhouse, the others are all 2 bedroom units. The condos range from 1,420 sq ft to 2,203 sq ft.

Two of the rental units will allow a pet.Three of the rental units will allow rentals for less than a year.

During June, 7 condo units rented, ranging from $1,200/month at Flori de Leon to $4,500/month at Signature Place.

Here are details on what’s currently available:  Read the rest of this entry »

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Downtown St Pete Condos – market activity this week

View of downtown St Petersburg skyline from the Pier

Downtown St Petersburg

 

 

 

 

 

 

 

Downtown St Pete condos are still in short supply. There are only 33 downtown condos listed in the MLS, ranging from $56,000 – $3 Million.  Three condos went to contract this week, all 1 bedrooms, ranging from $238,000 to $389,000. Two condos sold this week, one at $1,495,000 and the other at $1,500,000. There are four condos available for sale that came on the market this week, ranging from $254,900 to $489,900.

$254,900  McNulty Lofts        1,026 sq ft   1 bedroom   1 bath
1 parking space     2011 est property taxes: $3,240     Condo fee: $349/mo
11th floor    view: west    Search McNulty Lofts listings

$315,000  Bayfront Tower    1,180 sq ft   1 bedroom   1½ baths
1 parking space    2011 est property taxes: $4,149     Condo fee: $550/mo
18th floor   view: west    Search Bayfront Tower listings

$350,000  Straub Court    1,931 sq ft    3 bedrooms   3 baths
2 car garage     2011 est property taxes: $4,280     HOA  fee: $235/mo
Townhome   3 stories

$489,900   Huntington    1,725 sq ft    3 bedrooms  2½ baths
2 car garage    2011 est property taxes: $3,720    HOA fee: $275/mo
Townhome:  2 stories
Search MLS Here

 

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