$1,399,000 - 335 47th Avenue N 244, ST PETERSBURG
- 1
- Bedrooms
- 1
- Baths
- 555
- SQ. Feet
- 1973
- Year Built
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.
Essential Information
-
- MLS® #:
- TB8425530
-
- Price:
- $1,399,000
-
- Bedrooms:
- 1
-
- Bathrooms:
- 1.00
-
- Full Baths:
- 1
-
- Square Footage:
- 555
-
- Acres:
- 0.00
-
- Year Built:
- 1973
-
- Type:
- Residential
-
- Sub-Type:
- Condominium
-
- Status:
- Active
Community Information
-
- Address:
- 335 47th Avenue N 244
-
- Area:
- St Pete
-
- Subdivision:
- PARKLANE CONDO
-
- City:
- ST PETERSBURG
-
- County:
- Pinellas
-
- State:
- FL
-
- Zip Code:
- 33703
Amenities
-
- Amenities:
- Cable TV
Interior
-
- Interior Features:
- Other
-
- Appliances:
- Other
-
- Heating:
- Central
-
- Cooling:
- Central Air
-
- # of Stories:
- 1
Exterior
-
- Exterior Features:
- Lighting, Sidewalk
-
- Roof:
- Shingle
-
- Foundation:
- Slab
Additional Information
-
- Days on Market:
- 182
Listing Details
- Listing Office:
- Lombardo Team Real Estate Llc