1. Florida
  2. St Petersburg
  3. 335 47TH AVENUE N
$1,573,000

335 47TH AVENUE N, St Petersburg, FL 33703

  • 555 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1973
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $2,834/sqft
  • Property List Date Icon Listed 18 hours ago

Property Description

Introducing a highly sought-after multifamily investment opportunity located in the Parklane Condominiums of St. Petersburg&mdasha well-performing, professionally managed community with a stable tenant base and strong market fundamentals. This 13-unit portfolio consists of eleven 1-bedroom units and two 2-bedroom units, with near full occupancy and reliable rental performance. Situated just off the 4th Street corridor and minutes from downtown, the property benefits from excellent connectivity to I-275, vibrant employment centers, retail corridors, and public transit lines. The asset operates under a condominium regime with HOA coverage that includes exterior maintenance, roofing, landscaping, pool service, water, sewer, trash, and cable, which significantly reduces operational burden and creates an attractive management-light investment structure. The fenced grounds, mature landscaping, and community amenities including a pool and gazebo, provide long-term stability and tenant retention. With projected gross rents surpassing $15,000 per month and consistent historical occupancy, this portfolio is well-positioned for institutional or private capital seeking a scaled, income-producing asset with limited turnover and strong cash-on-cash performance in one of Tampa Bay&rsquos fastest-growing submarkets.

Listing Status:
Active
Date Added:
September 10, 2025 at 05:00AM
Listing Office:
LOMBARDO TEAM REAL ESTATE LLC : 813-321-0437
Listing Agent:
Mary Gillam : 703-283-0625
MLS ID:
TB8425350
  • A/C: Central Air

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

Monthly Payment

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

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

N

North Shore Elementary

200 35th Ave NE, Saint Petersburg, FL, 33704

Grades KG-5

0.88 miles away

M

Meadowlawn Middle School

6050 16th St N, Saint Petersburg, FL, 33703

Grades 6-8

1.40 miles away

N

Northeast High School

5500 16th St N, Saint Petersburg, FL, 33703

Grades 9-12

1.29 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listing

335 47TH AVENUE N, St Petersburg, FL 33703New listing icon New - 18 hours ago
Multi-Family Home For Sale

$1,573,000

  • 555 sqft |
335 47TH AVENUE N St Petersburg, FL 33703

#TB8425352 - LOMBARDO TEAM REAL ESTATE LLC