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Asking Price

$ 1,399,000

Status

Active

335 47TH AVENUE N #244

ST PETERSBURG, FL,33703, PARKLANE CONDO

Overview

1 Bedrooms

1 Bathrooms

Garage

555 sqft

Year Built: 1973


School Nearby

Description

A rare opportunity to acquire a 13-unit stabilized portfolio in the Parklane Condominiums community, centrally located in the heart of St. Petersburg. This offering includes eleven one-bedroom, one-bath units and two two-bedroom, one-bath units. FULLY LEASED. The asset sits within a well-maintained, fenced complex featuring a community pool, lush courtyards, grilling area, and shared laundry facilities. The Parklane community provides a quiet residential setting, while remaining just minutes from the downtown core, 4th Street corridor, and major interstates, offering exceptional accessibility and strong tenant demand. Each unit is individually metered, with HOA fees covering exterior maintenance, water, sewer, trash, basic cable, lawn care, and roof reserves—making this an extremely low-maintenance portfolio for residential investors. With in-place rents and minimal vacancy, the portfolio generates strong monthly cash flow with the potential to exceed $15,000 per month. This is an ideal acquisition for any residential buyer seeking predictable income, long-term upside, and a low-barrier entry into the St. Pete multifamily market.


Features

Status:   Active

Beds:    1

Baths:   1

Square Footage:   555 Sq. Ft

HOA Fee:   -

Property Type:   Condominium

MLS Number:   TB8425530

Days on Market:   101

Year Built:   1973

Lot Size:  

County:   Pinellas

Taxes:   $1,254.00


Address

335 47TH AVENUE N #244 , ST PETERSBURG ,FL

Listing provided by: LOMBARDO TEAM REAL ESTATE LLC, 813-321-0437

Asking Price

$1,399,000

Status

Active

Similar Properties

Based on information submitted to the MLS GRID as of 12/20/2025 23:50. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information.