Check out the latest pricing and availability as well as pending and sold units at The Residences at 400 Central. Builder inventory and resales are available – floor, view, and upgrades materially change value.
The Residences at 400 Central is St Pete’s flagship luxury condo building. The units have sweeping city and water views and private balconies. As you would expect, all units are luxuriously appointed and the building has spa like amenities as well as private and shared working spaces.
What This Means for Buyers
- Start with the exact floor plan and compare the current ask with the most similar closed sales, while separating builder transactions from resale.
- 301 and 2005 just came on to the market as resales, increasing buyer options. PH-B just closed at $5MM, the smallest PH at 3,707 sqft with 3 beds and 4 baths.
- Ten of the 23 active residences are builder inventory. Compare the builder offering and resale alternatives as separate choices: contract terms, incentives, finishes, closing timing and any remaining developer warranties can make a difference.
- Nineteen active listings have been on the market for more than 90 days, which creates an opportunity to ask informed questions about price, motivation and any room to negotiate. The pending 4002 residence is builder inventory, so it should not be read as a resale market benchmark.
What This Means for Sellers
- Buyers have 13 active resale alternatives to evaluate, in addition to 10 active builder residences, particularly across the two and three bedroom categories.
- 3107 has just gone pending, after 140+ days on the market, close expected in November
- Position a resale against the most relevant closed resales and its direct active competitors, not simply against the highest ask or a developer closing that may reflect a different sale structure.
- Longer exposure is common across the current inventory. A realistic initial price, strong presentation and a clear explanation of the residence’s floor, view, orientation and finish level are important when competing with builder inventory.
Are you interested in other luxury condos in St Pete?
Contact me below for up to the minute price data for The Residences at 400 Central, floorplans, amenities, association fees, tax estimates, to discuss pricing, or to setup an appointment to see available units.
