Artful & Innovative Living. Condominium Residences

Transcription

1 Artful & Innovative Living Condominium Residences

2 St. Petersburg Why is The Salvador right for my portfolio? Set against the beautiful waters of Tampa Bay, St. Petersburg blends artistic icons, festive events, vibrant nightlife and family-friendly In recent years, St. Pete has also emerged as a hot spot for shopping, attractions. This cosmopolitan city has long museums, dining, nightlife and entertainment. In a matter of minutes, been known for its scenic waterfront and walk from your front door to any of St. Petersburg s four world-class renowned art museums. A short 15-minute museums. With 361 days of sun a year, a lively downtown area and drive brings residents to our nationally a full spectrum of things to see and do, it s no surprise that, among acclaimed, snow-white Clearwater Beach and other accolades, the New York Times named it as one of the Top a 45-minute drive makes Orlando & its many Places To Go in 2014 With a redeveloped Waterfront, a stunning attractions a nice option for a day s outing. Dali Museum and sophisticated restaurants... St. Petersburg is anything but stationary St. Petersburg Ranks as No. 1 Millennial Draw in Florida. Tampa Bay Times, 2015 Best Places for Business and Careers. Forbes Magazine, 2015 Top 50 Places to Visit in New York Times, 2014 Downtown St. Petersburg, Florida Top 10 Great Downtown Districts of the South. - Southern Business & Development magazine, 2014

3 Investment Opportunity Real Estate Market Trends - Historical Downtown St. Petersburg 2015 Average Sale Price: $390 Sq ft (81 comparable listings) 2013 Average Sale Price: $299 Sq ft (58 comparable listings) Average Sale Price: $328 Sq ft (77 comparable listings) Average Sale Price: $263 Sq ft (43 comparable listings) Average rental in Downtown St. Petersburg: $2.40 sq ft Estimated taxes: 72% of sales price x.021 mils For more information regarding taxes, visit the Pinellas County s property appraiser s website at: pcpao.org MLS Real Estate Market Study (Criteria - Zip Code: (Downtown St. Pete), Property Type: (Condominium, Square Ft: between , Year Built: 2000+, Sale Price: $250,000+)

4 Investment Opportunity Real Estate Market Trends - Current Sale Prices Downtown St. Petersburg ONE $505 Sq ft Bliss $480 Sq ft Salvador $390 Sq ft The Salvador is THE BEST VALUE for new condominiums in Downtown St. Petersburg.

5 Commercial Investments - St. Pete Commercial Development Map Within.6 miles of The Salvador 1. ONE Condominiums (1St St N / 1St Ave N) 6. All Childrens Hospital (Future) - (629 6Th Ave S) 2. The Hermitage Apts. (700 1St Ave S) 7. USFSP Business School (3Rd St S / 7Th Ave S) 3. Beacon 430 Apts. (Ph 2) - (4Th St S / 3Rd Ave S) 8. Bliss Condominiums (176 4Th Ave NE) 4. Beacon 430 Apts. (Ph 1) - (430 3Rd Ave S) 9. Sundial (Entertainment Center/Retail/Dining) Street South (330 3 St S) rd rd (153 2nd Ave N)

6 Urban Growth 62% of Americans planning to move in the next 5 years would prefer to settle in mixed-use communities. Many want communities that include a mix of homes and have access to public transportation. - ULI Advisory Panel St. Petersburg Waterfront, % Close to shops, restaurants, and offices 59% Shorter commute but smaller homes 52% Available Public Transit 50% Mix of homes 47% Mix of incomes Precentage of movers indicating a preference for these community attributes Downtown St. Petersburg Notable Establishments U SF St. Petersburg - Named a 2014 Best Regional Public University South by U.S. News & World Report. A ll Children s Hospital - Named in the top 50 children s hospital by U.S. News & World Report. T he Dalí Museum - Houses the largest collection of Salvador Dalí s works outside of Europe. M ahaffey Theater - Hosts national & international artists performances and the renowned Florida Orchestra. A l Lang Stadium - Home of the North American Soccer League, Tampa Bay Rowdies, 2012 NASL Champions & host of the Saturday Morning Farmer s Market from Fall to Spring.

7 Luxury Urban Living At The Salvador To learn more about The Salvador and our amenities, please visit: TheSalvador.com

8 Media Attention Locale Market is like nothing the Tampa Bay market has seen - a big-city, upscale, chef-driven eatery that calls to mind Eataly in Manhattan and other foodie destinations St. Petersburg downtown renaissance is in full swing. - Tampa Bay Business Journal December 12, 2014 Downtown St. Petersburg residential growth: It s all about the boom. The market for downtown urban living, being able to walk instead of drive, is strong everywhere. It s the strongest I ve ever seen, he said. More and more folks - young folks, empty nesters, retirees - want to be living in a walk-able, urban environment. - Tampa Bay Times November 21, 2014 With the addition of the American Arts & Crafts Movement and the Tom James American West Museum to the existing Dalí Museum and the Museum of Fine Arts, St. Petersburg, the city will have four world-class art museums. - Tampa Bay Times August 2015 Real estate development has returned to Pinellas in a big way - particularly in Downtown St. Petersburg, where luxury townhomes and apartments are rising at a rapid pace. Downtown living has become fashionable again as towering residential complexes...like The Salvador take shape within an urban that also includes upscale restaurants, galleries and shops. - Florida Trend Magazine April 2015 Tower named for Dali builds on St. Pete real estate boom. Situated on the south end of downtown in an area city leaders have dubbed the innovation district, with a concentration of marine science labs, educational institutions and the massive All Children s Hospital/Bayfront Health medical complex, Moyer expects the condo homes to sell quickly. - Tampa Tribune October 9, 2014

9 The Salvador A great addition to your portfolio. New Condominium Residences Prices range from: $345,000 - $1,275,000 Condominium units ranging from 964 2,795 Sq ft Project Completion Dali Blvd. St. Petersburg, FL TheSalvador.com