650 PINELLAS POINT DRIVE
ST PETERSBURG, FL 33705
About this home
**Welcome to Velvet Cloake — Where Life Slows Down and the Views Take Over.** Discover the peaceful, waterfront lifestyle you’ve been waiting for at Velvet Cloake, beautifully situated at the tip of Pinellas Point along the sparkling waters of Tampa Bay. Now available is this charming **1-bedroom, 1-bath first-floor condo — with NO STAIRS!** Offered **fully furnished**, this home is truly move-in ready. Just bring your suitcase and settle into your own peaceful retreat. Inside, you’ll find Luxury Vinyl Tile flooring throughout, along with a newer hot water heater and A/C system. The inviting kitchen opens seamlessly into the dining and living areas, creating a comfortable and open space for relaxing or entertaining. With plenty of cabinet and counter space, the kitchen offers both functionality and convenience. Whether you’re looking for a tranquil winter getaway, a full-time residence, or your own peaceful escape by the bay, this condo offers a wonderful opportunity to enjoy the Florida lifestyle. Step outside your door and take a refreshing swim in the HEATED POOL, enjoy a friendly game of shuffleboard, or simply sit back and take in the breathtaking views of Tampa Bay. The setting is truly what makes this community special. Velvet Cloake is nestled along the waterfront at the tip of Pinellas Point, offering residents a serene connection to nature and the bay. Community amenities include a recreation room, fishing pier, kayak storage and kayak launch, making it easy to enjoy the beautiful surroundings in whatever way you choose. Take a leisurely stroll along the waterfront walkway and pause on one of the many benches to enjoy the peaceful, stunning views. Watch the boats drift by, feel the gentle coastal breeze, and let the beauty of Tampa Bay become part of your everyday life. As evening falls, look across the water and you may even catch the Sunshine Skyway illuminated in the distance, creating a beautiful backdrop to end the day. Come experience Velvet Cloake for yourself. Once you arrive, you may never want to leave.
Facts & features
Interior
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 640 sqft
- Heating
- Central
- Cooling
- Central Air
- Flooring
- Luxury Vinyl
- Stories
- 1
- Features
- Ceiling Fans(s), Walk-In Closet(s), Window Treatments
- Appliances
- Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
Exterior & lot
- Lot size
- 34,800 sqft (0.28 ac)
- Waterfront
- Yes
- Roof
- Shingle
- Construction
- Concrete, Frame
- Exterior
- Sidewalk
Financial
- Annual tax
- $2,417 (2025)
- Price / sqft
- $195/sqft
Utilities
- Water
- Public
- Sewer
- Public Sewer
- Utilities
- Electricity Available, Public
Property
- Property type
- Condo
- Year built
- 1967
- Subdivision
- VELVET CLOAKE CONDO
- County
- Pinellas
Assigned schools
- Elementary
- Lakewood Elementary-PN
- Middle
- Bay Point Middle-PN
- High
- Lakewood High-PN
Listing
- Status
- Active
- Days on market
- Today
- MLS #
- MFR802442577
- Source
- Stellar MLS
Listed by Christa Ballauer · PLUMLEE GULF BEACH REALTY
Listing data provided by Stellar MLS. Information deemed reliable but not guaranteed.
Sample estimate — not an appraisal
Based on 30 comparable sales within 2 miles of ST PETERSBURG, FL, this home is priced in line with RENA ValiQ.
Reference only. Estimates blend public sale comps, neighbourhood trend and the listing’s own metrics. Final price moves on diligence, terms and timing — RENA is your second read, not your agent.
Estimate your monthly cost
PITI + HOA- Principal & interest
- $665/mo
- Property tax
- $198/mo
- Home insurance
- $200/mo
Tax, insurance and HOA are editable estimates with Florida-typical defaults — Florida homeowners insurance in particular varies widely by location and elevation. Confirm exact figures with a lender and insurer.
Ask about this property
Answered from this listing’s own figures and the sales around it.
Price history
From the property’s MLS record.
| Date | Event | Price | Change |
|---|---|---|---|
| Aug 11, 2026 | Listed | $125,000 | — |
NeighbourhoodSample data
Reference scores for ST PETERSBURG, FL. Schools, mobility and amenities feed live data once the dedicated provider connection lands.
Location
Frequently asked questions
What would 650 PINELLAS POINT DRIVE, ST PETERSBURG cost per month?
About $896 a month: $632 principal and interest, $201 property tax, $63 insurance. That assumes 20% down at 6.5% over 30 years.
Is 650 PINELLAS POINT DRIVE, ST PETERSBURG priced fairly?
Comparable sales nearby put it between $140,765 and $161,955, with $151,360 in the middle. That is from 8 properties of the same type and size within three miles, at a median of $237 a square foot.
How does 650 PINELLAS POINT DRIVE, ST PETERSBURG compare to nearby homes?
8 comparable properties within three miles. The nearest: 650 PINELLAS POINT DRIVE, ST PETERSBURG, FL at $109,500, 640 sq ft, 0 miles away; 650 PINELLAS POINT DRIVE, ST PETERSBURG, FL at $115,000, 640 sq ft, 0 miles away; 650 PINELLAS POINT DRIVE, ST PETERSBURG, FL at $65,000, 640 sq ft, 0 miles away.
How long has 650 PINELLAS POINT DRIVE, ST PETERSBURG been on the market?
It came on the market today.
Has the price of 650 PINELLAS POINT DRIVE, ST PETERSBURG changed?
The price has not moved since it was listed.
How big is 650 PINELLAS POINT DRIVE, ST PETERSBURG?
1 bed, 1 bath, 640 square feet. That is $195 a square foot.
What year was 650 PINELLAS POINT DRIVE, ST PETERSBURG built?
Built in 1967.
What is the HOA fee at 650 PINELLAS POINT DRIVE, ST PETERSBURG?
The feed lists no association fee for this property.
What are the property taxes at 650 PINELLAS POINT DRIVE, ST PETERSBURG?
Property tax works out to about $201 a month, $2,417 a year.
Is 650 PINELLAS POINT DRIVE, ST PETERSBURG still available?
It is still on the market.
Similar homes nearby
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