ST. PETERSBURG, Fla. — The cost of rent continues to skyrocket in St. Pete, but a new concept just launched that will offer affordable housing near downtown.
It’s similar to college dorm living, but just for adults. "Docked Living" launched its first 8-bedroom house on 28th Avenue S. It's the first of three buildings being renovated in Southeast St. Pete and Kenwood.
Rent ranges between $550 and $750 a month. That includes furnished private bedrooms and bathrooms, along with a shared kitchen and living room. Instead of signing a lease, renters sign a 6-month membership. After that, they are free to move out with just 30 days' notice.
That compares to studio apartments in St. Pete which are currently renting for $1,500 a month.
Kate Berlin, one of the managing partners for Docked St. Pete says it's a concept that's popular in Europe but all new to Tampa Bay.
“$1,500 a month is really, really expensive, and for people who don’t really care about collecting things and who more so want the lifestyle of experience and want to travel or move, this is the perfect solution,” she explained.
Roommates and pets are not allowed.
“Docked” leaders tell ABC Action News there’s already a waiting list. The next two homes are expected to be finished this summer.
If you'd like to check out the new co-living spaces, Docked is having a backyard launch party on May 11 from 6:30p.m. to 9 p.m. at Docked Harborside. You can request more information from event organizers at this Facebook event link.