$1,250,000

335 47TH AVENUE N 244, St Petersburg, FL 33703

  • 1 bed |
  • 1 bath |
  • 555 sqft
  • Property Icon Condominium
  • Property Year Built Icon Built in 1973
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $2,252/sqft
  • Property List Date Icon Listed 10 months ago

Property 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, complex featuring a fenced in 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 monthly. 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.

Listing Status:
Active
Date Added:
September 10, 2025
Data Last Updated:
July 26, 2026 at 11:23PM
Listing Office:
LOMBARDO TEAM REAL ESTATE LLC : 813-321-0437
Listing Agent:
Mary Gillam : 703-283-0625
MLS ID:
TB8425530
  • General: Other
  • Appliances: Other
  • Laundry: Common Area
  • Flooring: Other
  • A/C: Central Air
  • Heating: Central
  • General: LightingSidewalk
  • Roofing: Shingle
  • General: BlockOneSlab
  • Road/Access: Asphalt
  • HOA Amenities: Cable TVPoolMaintenance StructureMaintenance GroundsPest ControlSewerTrashWaterMonthly
  • Originating MLS: Stellar MLS
  • County: Pinellas
  • Zoning: PARKLANE CONDO BLDG 335UNIT 24406-31-17-66645-335-0244
  • Utilities: Public
  • Water: Public
  • Sewer: Public Sewer
  • Source: Stellar MLS
  • Ownership: Fee Simple

This listing courtesy of Mary Gillam , LOMBARDO TEAM REAL ESTATE LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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