As a Realtor, I’m constantly asked about buying a condo in downtown St. Pete, and EVERYBODY wants to know what the market is like there! So let’s take a look!
Right now, we currently have 70 condo units available in the 33701 area code, with most units being located either on Beach Drive or just west. Of these active listings, 13 units are priced above $1,000,000 and there’s 18 units listed below $300,000. The bulk of the inventory is listed between $400,000 and $800,000 which has been our sweet spot for a while now.
In March 30 units in 33701 sold, which would be close to half of our current inventory sold in one month. Sure, new units do come on the market all the time, but competition is still pretty fierce.
As ONE St. Petersburg races towards completion and developers continue to make plans for new buildings in our downtown core, the opportunity for more people to live, work, and play in downtown St. Pete will continue.
If you’re interested in learning more about the available options downtown, or if you’re interested in learning what your condo may be worth, I’d be happy to help! Please call me at 727.639.3888.