650 PINELLAS POINT DRIVE S, #218, St. Petersburg, FL, 33705 | $1,900

Now For Lease - 2 Bedroom, 2 Bath Condo in VELVET CLOAKE, St Petersburg’s #1 long-term HIDDEN GEM in the famous PINK STREETS AREA of PINELLAS POINT overlooking TAMPA BAY!! Resort style living all year! VELVET CLOAKE is a SECURITY GATED WELL MAINTAINED 55+ Condo Complex right on TAMPA BAY that is like a TROPICAL RESORT!!! Soaring WIDE-OPEN WATER VIEWS of Tampa Bay and the Sunshine Skyway!! A FISHING PIER extends well into the Bay for Fishing or Watching the Wildlife or just taking in the Serene View of the Skyway Bridge in the background!! PANORAMIC SUNRISES & SUNSETS! Sunbathe or cool off in the HEATED POOL, or cook lunch or dinner at the Poolside Gas Barbecue. Just 10 minutes to I-275 & to DOWNTOWN ST PETE, the GULF BEACHES or Bradenton just minutes away!! This TWO Bedroom, TWO FULL Bath Condo Apartment faces a HUGE LUSHLY LANDSCAPED CENTER COURTYARD & has a GREAT FLOOR PLAN & EXTRA FEATURES! Spacious 16’x15’ Living Room features BUILT-IN BOOK SHELVES & CABINETS!! The Kitchen Comes w/ ALL APPLIANCES - RANGE, DISPOSAL, DISHWASHER, REFRIGERATOR, MICROWAVE, --- PLUS a PANTRY & LOTS of COUNTERS & CABINETS!!! The MASTER BEDROOM features a WALK-IN CLOSET and FULL EN-SUITE BATHROOM! Bedroom #2 features a WONDERFUL & VERY VERSITLE BUILT-IN MURPHY BED WALL CABINET – A SUPER SPACE SAVER making this Bedroom PERFECT for MULTIPLE USES -- a 2nd Bedroom/Guest Bedroom AND as an OFFICE or TV ROOM or STUDY or HOBBY ROOM!!! LAUNDRY Facilities are conveniently located on the SAME FLOOR as this Condo #218!!

NOTE: ADDED BONUS: In addition to all of the GREAT VELVET CLOKE RESORT-STYLE CONDO AMENITIES right NEXT DOOR is BAY VISTA PARK on the HISTORICAL SITE of the Beeline Ferry where there are MANY TOWERING OAK TREES offering you, your friends and visiting family a place for NATURE WALKS & plenty of shade to just RELAX overlooking the PANORAMIC WATER VIEWS, PLUS COVERED PICNIC TABLES for OUTDOOR GATHERINGS, A PIER WITH GAZEBO perfect for FISHING and COMMUNITY RECREATION CENTER & PLAYGROUND!
Velvet Cloake is a pet-free complex and at least one of the Tenant occupants must be 55 or older. THIS IS A BEST RENTAL OPPORTUNTY at Only $1, 900/mo ---SEE IT SOON before it is leased!!! You will not want to miss living in this PICTURE PERFECT OASIS – VELVET CLOAKE! – truly a HIDDEN PARADISE on TAMPA BAY! Showings are by APPOINTMENT ONLY by calling the Tourtelot Property Management Office.

IMPORTANT NOTE: The Owner is quite motivated to lease this condo home and will do so quickly. However, like all owners, the Owner wants the MOST QUALIFIED Tenant. Due to the quantity of tenants who, most likely, will want to lease this condo-home in the first 7-10 days, the Seller MIGHT not be approving any tenant applications for the first 7-10 days in order to determine which tenant is the MOST QUALIFIED and is MOST LIKELY to take the most care of the home’s interior living space and abiding by all Lease Terms & Velvet Cloake Condo Rules!

Features

  • Type: Condominium
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Same Floor As Condo Unit
  • Year Built: 1967
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 915
  • Acreage: 4.07
  • Adult Communities: Yes
  • Pet Policy: No
  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • MLS#: TB8376748
  • Days on Market: 14 days
  • Website: https://www.raveis.com
    /prop/TB8376748/650pinellaspointdrives_stpetersburg_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 5/6/2025 11:17:09 PM)
Listing courtesy of TOURTELOT MANAGEMENT & LEASING   Phone: 727-345-6006

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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650 PINELLAS POINT DRIVE S, #218, St. Petersburg, FL, 33705

$1,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $1,520 $1,520 $1,520
Term 360 months 360 months 180 months
Initial Interest Rate** 6.375% 6.875% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.007% 7.063% 6.132%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $9 $10 $13
Total Monthly Payment $84 $85 $88

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.