ONE St. Petersburg Condo Sells for 30% Increase over Pre-Construction Pricing

by Liane Jamason

St. Petersburg’s newest, highest luxury condo tower, ONE St. Petersburg, has sold out.  Now many residents are taking advantage of rising prices throughout the Downtown area and selling the condos they bought pre-construction in 2015 through 2017 for a tidy profit. If we look at a few examples, we can see that the increases are from 24% to as much as 41%!

I just listed and sold unit #3604 which is a 2 bedroom 2.5 bath with direct open water views in 10 days and it closed for $1,450,000 – representing a 30% profit to the seller over what he paid pre-construction.  Below is a video peek at #3604.

Jaw dropping is one way to describe the view when you enter this 36th floor BRAVO residence at ONE St. Petersburg. Strategically selected for it’s amazing panoramic views of the pier, downtown St. Pete as well as downtown Tampa, and the Vinoy yacht basin, this home offers two bedrooms, a den and 2.5 baths. Gourmet kitchen offers Jenn Air appliances, imported European cabinetry and quartz countertops. You’ll find porcelain flooring throughout the main living areas, spa-like bathrooms with upgraded plumbing fixtures, extended living space onto an expansive 254 foot balcony where you can enjoy amazing sunrises or relax with a glass of wine in the evenings. Residence includes 2 assigned parking spaces in the secured garage as well as an additional storage unit. ONE offers resort style amenities including a soaring 30′ high Atrium Lobby with full-time concierge, 3 owners’ lounges, private bar, a 5,000 square foot fitness center, 75′ lap pool, hot tub, grills, cabanas, a club room with catering kitchen, formal dining and daily coffee service, 24/7 security & valet, on-site property management, activities director.

View Current Inventory at ONE St. Petersburg

Kolter does have plans for another high rise project to be named SALTAIRE and that tower is estimated for a 2022 completion. Pricing on that project has yet to be released, but reservations are rumored to start in the next week or so – please fill out the form below if you’d like more info on that project as it is released.

Get more info on SALTAIRE

Please leave your information below and we'll contact you the minute SALTAIRE reservations begin!

Published on 2019-04-25 15:43:51