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Signature Place condos Market Update 12-1-2011

12-1-11 Market Update for Signature Place condos in downtown St Petersburg Florida:

According to the My Florida Regional MLS there were 6 condos actively for sale at Signature Place on December 1st, ranging in price from $250,000 to $335,000.

Check   SIGNATURE PLACE CONDOS FOR SALE   here.

There were 3 condos sold at Signature Place during November 2011, ranging in price from $250,000 to $335,000. This brings the total sales for 2011 to 15 condos, priced from $200,000 to $785,000.  Read the rest of this entry »

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Signature Place condos selling quickly in St Petersburg Florida

The Signature Place condos are selling quickly in downtown St Petersburg, Florida. The recent condo auction at Signature Place started a buzz that hasn’t stopped. At the end of 2009, approximately 100 condos out of 245 had sold and closed since the start of closings in June 2009. Right now there are only 21 tower condos left at Signature Place and 16 “city” units. We’ve also found that the Signature Place condos for rent have been renting quickly. Contact The Simms Team at ALVA International,Inc. for more information on Signature Place condos for sale or for rent.

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35 condos at Signature Place to be auctioned March 7th

Signature Place condos in downtown St Petersburg

Signature Place condos in downtown St Petersburg

35 condos at Signature Place, a new condominium in downtown St Petersburg Florida, are set to be auctioned March 7th, according to the St. Pete Times. The auction is scheduled for 1 pm at the Bayfront Hilton. Initial bids range from $135,000 for an 859 sq ft 1 bedroom condo to $430,000 for a 2,400 sq ft 3 bedroom condo. – about 2/3 less than the original asking prices. It will be an absolute auction. The auction company says the auction will re-calibrate real estate prices and unite buyers and sellers.

The Signature Place sales office will be open 7 days a week – I don’t know yet what the prices will be between now and the auction.

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Huge price reductions at Signature Place

Signature Place St Petersburg Florida

Signature Place announced to their contracted condo purchasers late this week that Signature would be reducing the price on all its units by 25%. That’s a HUGE reduction. Starting Monday, Signature will reduce its unsold units by the same percentage.  Signature has arrangements with 3 lenders, but buyers are not restricted to these. Closing are expected to be in June, staggered all through the month. The units already have their Certificates of Occupancy, but don’t expect to get in the building before late May as Joel Cantor wants to have everything perfect when people see it. Signature has two models available in the west building now, so that you can see the quality of the finishes and how things come together. As always, we recommend that you be represented by a qualified real estate agent – it doesn’t cost you any more than going directly to the developer. Of course The Simms Team of ALVA International, Inc. will be happy to help you.

Robert Trigaux on Signature Place
Reality repricing on Signature Place

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Signature Place sky garden in St Petersburg Florida

Signature Place sky gardenSignature Place condominiums in St Petersburg Florida have their certificates of occupancy but teams are finishing out their punch lists, and the development team doesn’t want anyone in the building until it’s perfect. We may not be able to enter their sky garden from their condo units, but we can see the progress from adjacent buildings. The pool is in and cabanas are going in poolside. The water wall is finished, and is occasionally turned on during the day. Closings at Signature Place are scheduled for June 2009.

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Signature Place is looking good

Significant progress at Signature Place condominiums in St Petersburg – the tower has topped out, which is really significant. The west building, long since topped out, has just had the blue plastic taken off the windows and – Wow! – instead of a construction site, it really looks like a building!

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