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St. Petersburg FL Real Estate Blog

St. Petersburg Condo Fees Explained

When people consider purchasing a condo in St Petersburg Florida the first question they usually ask is “what exactly is covered in the condo fees?” The answer is quite a lot!  Below is a list of the most common items paid for with condo fees. Every condo is different of course but the items listed below are almost universally included in Florida condominium association community fees.

Southwest Florida Property For Sale

  1. Insurance on the building. All you pay for separately is insurance on the inside of the unit if you choose to purchase that extra insurance.
  2. Flood insurance on the building. Again, if you want flood insurance on the inside of your unit and your contents, you could purchase extra insurance for that.
  3. Insurance for the association and public areas of the condominium.
  4. ...

2017 Pinellas County Real Estate Market Statistics

August 2017 PINELLAS COUNTY REAL ESTATE STATISTICS

...
  August 2017      Change from July 2017
Average single family home sales price      $300,000 Down 3.5%
Average condominium sales price $234,000 Up 2.2%
List to Sale Price Difference 97% Same
Average Days on Market 53 Up 2
Properties For Sale 4,903 Down 2.6%
Pending Properties 2,255 Up 14.1%
Sold Properties 2,018 Up 1%

St. Pete Condo vs Home...Which Makes More Sense?

St. Petersburg FL Condo vs, Home

Owning a vacation home or second home is very popular in St. Petersburg, FL. DWELL Real Estate represents a lot of out of town buyers looking to purchase a vacation home in the sunshine state. People are typically seeking a getaway in the sun and near the beach.

Many people like the idea of having two properties in different locations. The primary home is typically up north where the weather gets cold in the winter. The secondary or vacation home is here in sunny Florida where it is used maybe three to six months out of the year. These buyers enjoy the prospect of having a fantastic vacation home and then they want to spend the rest of their time in their familiar hometown setting. It’s...

What Does Flood Insurance Cost in St. Petersburg?

Flood insurance cost in St. Pete, FLWe Realtors are often asked by prospective home buyers about flood insurance rates in St. Petersburg, Florida.  I am sure we will get asked even more now that hurricane Irma hit the state of Florida. There is no easy answer to this question. 

There are many horror stories when it comes to the cost of flood insurance in Florida. We are just talking about flood insurance here and not general homeowners insurance. They are seperate policies.

All of Florida is a Flood Zone

People frequently get confused about this. The entire state of Florida is in a flood zone. Yes you read that correctly. Even the highest point in the state, Britton Hill at 345 feet above sea level is in a flood...

Tips to Handling Multiple Offers

Multiple Offers - If you are a seller:

Handling multiple offers in St. Petersburg, FL

"If you think it's expensive to hire a professional, wait until you hire an amateur."

The above statement is so true when your home sale becomes complicated. It’s possible you may be faced with multiple competing offers to purchase your property. Each situation is different so there is no one best strategy when handling multiple offers. Sit down with your Realtor and discuss the various options. Here are the more common ones:

  • Just accept the best offer and not mess around with a lot of back and forth negotiation
  • Let all buyers know that there are other offers on the table and tell them to put their best foot forward
  • ...

Should You Allow a Buyer to Move in Prior to Closing?

Possession of real estate usually transfers from seller to buyer at closing. However, in some instances, the buyer asks the seller for early possession of the property. This happens because the buyers may have closed on their house and need a place to live or they are simply just very excited to get their life started in their new home. 

In short, from my real estate experience, you should not let a buyer move in before closing. If you decide to let a buyer take possession of your St. Petersburg home or condo before closing you should be aware of the risks. Consider these actual scenarios

St. Petersburg, FL home burned down1) A listing Realtor and the buyer's agent were both happy that their transaction was going smoothly. When...

Just Sold By DWELL

Below are recently sold homes and condos that DWELL Real Estate was fortunate enough to be involved in this year. If you are thinking of buying or selling in the Pinellas or Hillsborough County area we would be happy to help you. Just call us 727.485.0144 or contact us here.

August 2017

265 115th Ave - Treasure Island

Sold By: Julie Lane  |  List Price: $319,000  |  Sold Price: $315,000

Central air conditioned front unit with 2 bedrooms and 1 bath. Rear unit 1 bedroom 1 bath can be used as attached in-law suite....

St. Petersburg vs Sarasota, FL

Sarasota vs St. Pete real estateWe wrote this on our Sarasota real estate blog a few weeks ago and thought it was good enough to post here. 

Since opening our doors nearly six years ago , we've worked with thousands of clients from all walks of life interested in calling the Gulf Coast their home. The Sarasota area notably draws a lot of attention with its stunning beaches and active lifestyle but more times than not our agents work with clients curious about the St Pete area and want to know the difference between the two cities separated by the Skyway Bridge. With the success of our older blog post, Sarasota vs. Naples, and now...

Communities to Generate Rental Income in St Pete

The white sandy beaches and beautiful turquoise waters continuously draw visitors to the Florida Gulf Coast year after year and St. Pete definitely offers plenty for tourists and residents alike. Whether it's to enjoy a day midst all the activity in downtown or to soak up some sun at the beach, St Pete is not only a great place to live, it's a great city to invest in. Earlier this year Forbes Magazine labeled St. Pete as one of their Top Places to Invest in Housing in 2017 and rentals of all kinds are in demand. Here are a few communities in St. Pete we think are worth knowing about it you've been considering an investment property in the area.

Gulf Strand Resort - St. Pete Beach

A terrific spot...

New Listing: 1119 W Cypress St.

1119 W Cypress Street - Tampa

Listed by: Julie Lane  |  List Price: $330,000

Adorable, modernized (without loosing its original charm) bungalow in North Hyde Park. Located in demanding Plant school district with new construction projects happening all around. Built up on a hill tucked away from the street with alley access and a fresh oversized paver parking pad in the back. This sweet home has beautifully restored original hardwood floors, crown molding, new windows and doors. Larger bedrooms, lots of closets, with a brand new kitchen and bath. Central heat and air installed...