1. Florida
  2. St Petersburg
  3. 335 47TH AVENUE N 244
$1,573,000

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 $2,834/sqft
  • Property List Date Icon Listed 18 hours 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, with only two currently vacant. 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.

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:
TB8425530
  • General: Other
  • Appliances: Other
  • Laundry: Common Area
  • Flooring: Other
  • A/C: Central Air
  • Heating: Central

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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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.