$1,399,000 - 335 47th Avenue N, ST PETERSBURG
- -
- Bedrooms
- -
- Baths
- 555
- SQ. Feet
- 1973
- Year Built
For the investor seeking immediate income and future upside, this 13-unit income-producing portfolio in the Parklane Condominiums offers an exceptional blend of stability, location, and scale. The mix consists of eleven one-bedroom units and two two-bedroom units, FULLY LEASED, and gross rental potential exceeding $15,000/monthly. The property is situated in a high-demand rental corridor just minutes from downtown St. Petersburg, with direct access to I-275, 4th Street, major employers, and public transportation. Parklane has had consistent demand and minimal vacancy. The portfolio benefits from an investor-friendly HOA structure that covers nearly all exterior operational costs, including maintenance, roof reserves, pool service, water, sewer, trash, cable, and landscaping, providing a passive ownership profile with reduced management complexity. Tenants enjoy a gated, well-maintained community with a shared pool, green space, and common areas that promote long-term retention. Whether you are expanding an existing portfolio or executing a 1031 exchange, this stabilized asset offers immediate income, operational efficiency, and strong fundamentals in a rapidly appreciating urban market.
Essential Information
-
- MLS® #:
- TB8425352
-
- Price:
- $1,399,000
-
- Bathrooms:
- 0.00
-
- Square Footage:
- 555
-
- Acres:
- 0.00
-
- Year Built:
- 1973
-
- Type:
- Residential Income
-
- Sub-Type:
- Multi Family
-
- Status:
- Active
Community Information
-
- Address:
- 335 47th Avenue N
-
- Area:
- St Pete
-
- Subdivision:
- PARKLANE CONDO
-
- City:
- ST PETERSBURG
-
- County:
- Pinellas
-
- State:
- FL
-
- Zip Code:
- 33703
Interior
-
- Interior Features:
- Other
-
- Heating:
- Central
-
- Cooling:
- Central Air
Exterior
-
- Exterior Features:
- Other, Sidewalk
-
- Roof:
- Shingle
-
- Foundation:
- Slab
Additional Information
-
- Days on Market:
- 182
Listing Details
- Listing Office:
- Lombardo Team Real Estate Llc