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Property for sale at 650 PINELLAS POINT DRIVE S UNIT 128, ST PETERSBURG, FL, 33705

650 Pinellas Point Drive S Unit 128St Petersburg, FL, 33705

1beds
1baths
780sqft
Condominium
Built in 1967
$75,000
Sold
Probate sale
Price per sqft
$96
Sold on
Feb 4, 2026
MLS #U8238107Updated Feb 5, 2026

About this property

OWNER SAYS BRING ALL OFFERS! MUST SELL. AS-IS. Welcome to Velvet Cloake #128 — a hidden waterfront paradise along the shores of Tampa Bay! Experience the best of Florida’s coastal lifestyle in this beautifully updated 1-bedroom, 1-bath condo located in a peaceful 55+ gated community just minutes from vibrant downtown St. Petersburg and the Gulf beaches. This inviting ground-floor unit offers easy accessibility, modern upgrades, and resort-style living in a secure, well-maintained setting. Step inside to an open, light-filled floor plan featuring a spacious living area and an updated kitchen with breakfast bar. The bedroom includes a versatile walk-in closet. A built in murphy bed in the living room adds versatility to your new condominium home. Velvet Cloake installed a new roof in 2023. Residents of Velvet Cloake enjoy resort-style amenities including a heated waterfront pool, clubhouse with full kitchen, grill stations, shuffleboard courts, kayak and paddleboard launch, and a private fishing pier with water and electric. Stroll the scenic walking paths or take in breathtaking views of passing cruise ships and Tampa Bay sunsets. An added bonus—Bay Vista Park is located right next door, offering towering oaks, picnic areas, a pier with gazebo, playground, and walking trails. Velvet Cloake is a 55+ community. Whether you’re seeking a year-round residence or a seasonal retreat, this condo offers the perfect blend of comfort, convenience, and coastal charm. Don’t miss this opportunity to live in one of St. Petersburg’s best-kept secrets—Velvet Cloake, truly a hidden paradise on Tampa Bay!

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Property details

Property type
Condominium
Street address
650 Pinellas Point Drive S Unit 128
City
St Petersburg
State
FL
ZIP code
33705
Year built
1967
New construction
No
Faces
West
Rooms
3
Building stories
2
Living area
780 sqft
Total building area
780 sqft
Levels
One

Stellar MLSThe data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of Stellar MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; the availability of any listing should always be independently verified. Listing information is provided for consumers' personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.Stellar (MFR) data last updated at November 8, 2026 at 2:45 AM EST

Price & sale history

EventPrice
SoldMLS #U8238107$75,000
Price reducedMLS #U8238107$95,000Change: −45.7%−$80,000
Listed for saleMLS #U8238107$175,000
History may be incomplete.
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Property for sale at 650 PINELLAS POINT DRIVE S UNIT 128, ST PETERSBURG, FL, 33705
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