I’ve heard them say some views and locations are simply priceless. I can nod in agreement standing at the edge of Grand Canyon, but not on the balcony of a luxury condo with water views. It may be a million dollar view but it’s not priceless. Fortunately, there are many breathtaking views and locations in St Persburg, FL and you can find a perfect one in the range between $350,000 and $4 million.
I love unique properties and recently was able to visit and show to a client the penthouse of a historical building in St Petersburg. It is an original St Pete skyline icon, Snell Arcade. For year it was an office building but not long ago it was converted into a few luxury condominiums. While the amenities at this location are few you cannot hide excitement about the opportunity to actually live here.
The penthouse is not on the highest floor in Snell Arcade. There’s what used to be Mr. Snell’s office above it, two small rooms, about 200 sq.ft each, that an out of state couple owns as a vacation home. Penthouse, on the other hand, is spacious, a little over 1,000 sq.ft, completely updated and(!!!)…. is listed for sale!
Yes, the new condominium towers along Beach Drive block some of the Tampa Bay view, but you have the rest of the city to look at with amazing 360 degree views - you own the whole floor! It is a historical building and I’ve already written about it before here: The Snell Arcade Building: A Historic St Petersburg Gem.
One downside is there’s no parking. There were talks about converting part of the storage space into a garage, but I believe that is going to be additional commercial space offered for lease to help offset the cost of the building upkeep. The good news is you can park across the street. You also get some storage space in the basement of the building.
It may not be an ideal place for a family but for a couple or a singly professional looking to be in the heart of St Pete it’s a great option. Price was reduced yesterday from $369,000 to $324,900 (listed by Re/Max Realtech) and it’s worth every penny of it. If you are interested, I’ll be glad to show it to you and you’ll know why. See the listing info below.
Written by Ilya Zobanov, real estate professional at The Home Team of Re/Max Metro. Reach him at (727) 418-9016.
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