Mid-rise condo project planned for downtown St. Petersburg

357 on Fifth, a 13-unit condo project, is planned for 357 5th St. S in downtown St. Petersburg. [Courtesy of Smith & Associates Real Estate]
357 on Fifth, a 13-unit condo project, is planned for 357 5th St. S in downtown St. Petersburg. [Courtesy of Smith & Associates Real Estate]
Published August 24 2018
Updated August 24 2018

ST. PETERSBURG — A century-old boarding house is giving way to a 13-unit luxury condo project in downtown St. Petersburg.

The development team behind 357 on Fifth said Friday that the midrise building on Fifth Street S will have three, two-story penthouses; eight units with three bedrooms and two units with one bedroom and one and a half bathrooms. The condos will be priced from $500,000 to $1.35 million.

The project, across the street from the Beacon 430 and Avanti apartment communities, will also include a sixth-floor rooftop terrace.

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Artist and St. Petersburg resident Ya La’Ford has been commissioned to do original pieces on the southeast outside corner of the building.

"Our downtown is brimming with a diverse spectrum of colors and unique art that enhances our city’s artistic vitality," La’Ford said in a release. "I was thrilled to be a part of 357 on 5th with a sculpture that reflects the energy of this vibrant part of town in such proximity to the Warehouse Arts District."

Records show that Blue Night Owl LLC paid $850,000 in March for a house on the site that was built in 1910 and had been converted to apartments. The company’s sole managing member is contractor Tim Weizenecker of Largo.

The developer is Dr. Julie Kessel. Smith & Associates Real Estate is in charge of sales for the project.

Contact Susan Taylor Martin at [email protected] or (727) 893-8642. Follow @susanskate

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