335 47Th Avenue #244, St Petersburg, FL 33703
For Sale $1,500,000
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Contact the Listing Agent directly:
Listing Agent: Mary Gillam
Agent Phone:
703-283-0625
Agent Email:
mgillam@lombardoteam.com
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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.
Other
Cable TV
Taxes: $1.00
Tax Year: 2024
HOA Frequency 1: Monthly
Condo Fee Frequency: Monthly
Lighting
Sidewalk
Other
MLS Area: 33703 - St Pete
Price per Square Feet: $2,702.70
Total Floors: 1
Water: Public
Construction: Block
Date Listed: 2025-09-10 17:49:32
Pool: No
Flooring: Other
Roof: Shingle
Heating: Central
Cooling: Central Air
Pets: Yes
Sewer: Public Sewer
Amenities: Cable Tv
Listing Courtesy Of: Lombardo Team Real Estate Llc
mgillam@lombardoteam.com
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.
Property Details
Price: $1,500,000
Sq Ft: 555
($2,703 per sqft)
Bedrooms: 1
Bathrooms: 1
City: St Petersburg
County: Pinellas
Type: Condominium
Development: Parklane Condo
Virtual Tour/Floorplan: View
Year Built: 1973
Listing Number: TB8425530
Status Code: A-Active
Taxes: $1.00
Tax Year: 2024
Pets Allowed: Yes
Interior Features:
Other
Amenities:
Cable TV
Financial Information:
Taxes: $1.00
Tax Year: 2024
HOA Frequency 1: Monthly
Condo Fee Frequency: Monthly
Exterior Features:
Lighting
Sidewalk
Equipment:
Other
Additional Information:
MLS Area: 33703 - St Pete
Price per Square Feet: $2,702.70
Total Floors: 1
Water: Public
Construction: Block
Date Listed: 2025-09-10 17:49:32
Pool: No
Flooring: Other
Roof: Shingle
Heating: Central
Cooling: Central Air
Pets: Yes
Sewer: Public Sewer
Amenities: Cable Tv
Map of 335 47Th Avenue #244, St Petersburg, FL 33703
Listing Courtesy Of: Lombardo Team Real Estate Llc
mgillam@lombardoteam.com