The Beacon Condos St Petersburg Florida

The Beacon Condos in downtown St Petersburg offer a great opportunity to enjoy luxury living at an affordable price. This community has been recently updated with the latest condo amenities!

The Beacon features condos for sale currently ranging from $59,000 to $224,000. Condos listed range in size from 489  square feet to 1,045 square feet and feature 1 and 2 bedroom condos. A recent sale for a 1,045 square foot condo was in the $100,000 price range.

Speaking of amenities, the Beacon on 3rd features a secure building with pool, fitness room, and rooftop deck. It is easy walking distance to downtown St. Petersburg with shops and dining.

There have been three sales in the Beacon in the last 6 months ranging from $62,000-$90,000.

If you would like to find more St. Petersburg condos for sale check out our St Pete Condo Search!

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If you are looking for foreclosures in St. Pete Beach, FL you’ve entered the picture at the right time. Typically the best investment or first home opportunities arise out of the misfortune of others. But having an understanding of foreclosure terms will help you work with your Realtor to choose the St Pete Beach foreclosure property that best suits your needs.

• Pre-Foreclosure - the foreclosure process begins when a borrower defaults on loan payments and the lender files a public default notice, called a Notice of Default or Lis Pendens. Buying a property in pre-foreclosure involves approaching the owner and offering to buy the property outright.
• Auction – if the loan is not reinstated by the end of the pre-foreclosure period, potential buyers can bid on the property at a public auction. Buyers often are required to pay in cash at the auction and may not have much time to research the title and condition of the property beforehand; however, a public auction often offers some of the best bargains and avoids the unpredictability of dealing directly with the owner.
• Bank-owned – if the lender takes ownership of the property, either through an agreement with the owner during pre-foreclosure or at the public auction; the lender will usually want to re-sell.

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When searching for homes for sale in St. Pete, Fl, it is smart to look at the numbers. According to tampabay.com in association with Trulia, the average price per square foot in St Petersburg Fl is currently $106, a decrease of 21.5% compared to the same period last year. The median sales price for homes in Saint Petersburg FL for May 2009 through July 2009 was $117,750 based on 864 home sales. The median home sales price has decreased 20.7%, or $30,750, and the number of home sales increased 19.7% from the same period last year.

There are currently 4,167 resale and new homes in Saint Petersburg on Trulia, including 34 open houses. There are 1,832 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process.

The average listing price for homes for sale in Saint Petersburg FL was $302,902 for the week ending Aug 12, which represents a decrease of 1.5%, or $4,550, compared to the prior week.

With the help of the Deborah Ward and Associates Team, first time homebuyers, second home buyers and investors can all take advantage of the great real estate market! We are experienced in St. Pete resales and foreclosures.

Call today for free St. Pete Real Estate information 800-284-8368 ext. 9951

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