Signature Place back on track
July 15th, 2010 categories: Signature Place, Uncategorized
Notes from Rob.
Since the March auction, sales at the Signature Place condos in downtown St Petersburg were moving along at a brisk pace. At last count, 198 of the 244 units have been sold and another 15 were under contract. I was very happy as 5 of the sales were with clients of mine and each of them is very happy with their purchases. As sale number 6 came up, everything was put on hold due to a disagreement between the developer and the title company. Needless to say my clients and I were not happy. But I was still confident things would get resolved and I continued to show my clients the building. Of course, while on hold, new contracts could not be written. Very frustrating for clients who want to buy. Had two clients on “hold.” Luckily, last Tuesday evening I opened an email to find out everybody was happy again and signing Kumbaya together. Contracts were quickly written and closings scheduled. As of today, only 16 units are left and they are on the lower floors (one exception for $639,000) and little to no view, but a 1-bedroom, 1 1/2 bath unit with a den can be had for only $165,000. It is take it or leave it, as the developer has set the prices and will not budge, will not throw in curtains, will not pay your closing costs (I’ve tried them all). It looks like people are buying and it won’t be long before the building is sold out, which will be a great turn around for the building over the past year. If you are interested in seeing any of the last 16 units, give me a call and I’ll get you in.
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Signature Place condos selling quickly in St Petersburg Florida
April 29th, 2010 categories: Signature Place
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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Signature Place Market Update 3-22-10
March 22nd, 2010 categories: Signature Place
The recent auction at Signature Place condo in downtown St Petersburg has certainly been successful. Counting those units sold at the auction, in the last two weeks a total of 92 units have gone to contract. In addition to the 102 units Signature says have closed from sales prior to the auction, that brings the total to 194 units out of 244, which is 79.5% of the units. The remaining condos are being shown by appointment only, and all the appointments are booked days ahead. I’d say the auction at Signature Place was a definite success!
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Signature Place condos St Petersburg Market Update 9-17-09
September 17th, 2009 categories: Signature Place
Signature Place condos in downtown St Petersburg Florida
Signature Place reported 7 more sales in September, bringing the number of Signature Place condos sold in downtown St Petersburg to 59, according to the MLS statistics. 49 of the sales are in the tower and 10 are in the adjacent “lofts”. Sale prices at Signature cover a wide range, from $224,250 for a 1 bedroom “loft” unit with 847 square feet to $1,237,500 for a 2,319 sq ft unit on the 34th floor.
The first closing were on June 24, 2009 and there are 244 condominium units in all. The current residents have a weekly “6 at 6″ happy hour gathering at 6 pm on the 6th floor. At the two I attended, the residents seemed very happy with their new homes and enjoying the new comraderie with their neighbors.
Downtown St Petersburg has seen the completion and opening of two condominium projects this year – Signature Place which began closings in June and Ovation which began closings in August. Welcome, new downtown neighbors!
Signature Place is located on 2nd Avenue S, from 1st Street to 2nd Street. For buyer representation at Signature Place, please contact The Simms Team.
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