The Beacon on 3rd Street is a mid-century high-rise condominium at 470 3rd Street South in the heart of downtown St. Petersburg, Pinellas County, built in 1963 as Carlton Towers and converted to condominiums in 2005 (downtown St. Petersburg condo and listing sources, 2026).
The 183-unit building has a distinctive Y-shaped configuration that maximized views and natural light, with floor plans from studios to two-bedroom units. Amenities include a rooftop pool and lounge with hardscaping for entertaining, a modern gym, around-the-clock security, and assigned parking. It is steps from many downtown spots, including the Dali Museum and the University of South Florida St. Petersburg.
This is a downtown high-rise, association-driven market, so the money is made or lost on the unit, the floor, the view, the condition, and the association budget and rules, not the headline price.
The pitch is walkable downtown St. Pete living in a landmark tower with a rooftop pool, steps from the waterfront, the Pier, and the museums. The work is sorting the unit, floor, and view, reading the association budget, reserves, and rules, judging condition, and pricing against real comps before you offer.