Building Information
Velvet Cloake
| Number of units: | 91 |
|---|---|
| Active listings for rent: | 0 |
| Active listings for sale: | 10 |
| Building inventory for sale: | 10% |
| Number of sales over the last 12 months: | 4 |
| Number of sales over the last 6 months: | 4 |
| Number of sales over the last 3 months: | 2 |
| Avg. time to close over last 12 months: | 337 days |
Address
650 Pinellas Point Dr S, St Petersburg, Pinellas, FL, 33705
Velvet Cloak Condominiums
Address: 650 Pinellas Point Dr S,
St. Petersburg, FL 33705
Link: https://
Recent Sales
| Unit # | Size | Closing Date | Sale Price | PPSF |
|---|---|---|---|---|
| 128 | 780 sq ft | Feb 2026 | $75,000 | $96 |
| 231 | 725 sq ft | Jan 2026 | $67,500 | $93 |
| 218 | 915 sq ft | Nov 2025 | $140,000 | $153 |
| 216 | 775 sq ft | Oct 2025 | $130,000 | $168 |
Market Information
Velvet Cloake: $180/sq. ft.
St Petersburg: $374/sq. ft.
St Petersburg $374/sq. ft.
Pinellas $384/sq. ft.
Inventory for sale
| St Petersburg: | 9% |
|---|---|
| Pinellas: | 8% |
Avg. time to close over last 12 months
| Velvet Cloake | 337 days |
|---|---|
| St Petersburg: | 102 days |
| Pinellas: | 102 days |