The Kolter Group , developer of One St. Petersburg condos, is likely to announce their newest condo project in downtown St. Petersburg - SALTAIRE.
Preliminary plans call for a 408-foot tower that would rise on what is now a parking lot between the St. Petersburg Hilton hotel and the Northern Trust office building on First Street S. SALTAIRE hopes to boast 35-story condominium building containing approximately 200 residences as well as retail on the ground floor.
Location of SALTAIRE Condos
We often get asked the question from potential buyers, "What will my property taxes be if I buy this property?" Many Realtors will say that a good rule of thumb in estimating St. Petersburg, Florida property taxes is 1.0%-1.5% of the value of the property.
Is this true?
Fortunately, for those thinking of purchasing in Pinellas county the Property Appraisers office has a useful tool to help you estimate what the taxes will be on a property. Check out this tool. I wrote a similar article today about Sarasota county here and their property appraisers office does not provide an equivalent tool.