$1,573,000 for Sale
335 47th avenue #244, st petersburg, FL 33703
| Beds 1 | Baths 1 | 555 Sqft |
|
1 of 73 |
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.
General Information
Sale Price: $1,573,000
Price/SqFt: $2,834
Status: Active
MLS#: TB8425530
City: st petersburg
Post Office: st petersburg
County: Pinellas
Subdivision: parklane condo
Acres: 0
Bedrooms:1
Bathrooms:1 (1 full, 0 half)
House Size: 555 sq.ft.
Acreage:
Year Built: 1973
Property Type: Condominium
Style:
Features & Room Sizes
Paved Road: Asphalt
Garage: No
Construction: Block
Exterior Misc: Lighting, Sidewalk
Pool: Yes
Pool Description: Community Pool
Basement: No
Foundation : Slab
Appliances: Other
Cooling: Central Air
Heating: Central
Waste: Public Sewer
Watersource: Public
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $1,255
HOA fees Period: Monthly
Legal Description: PARKLANE CONDO BLDG 335, UNIT 244
Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Mary Gillam of LOMBARDO TEAM REAL ESTATE LLC, Phone: 813-321-0437
