335 47th Avenue N Unit 244, St Petersburg, FL 33703
- $1,250,000
- 1
- BD
- 1
- BA
- 555
- SqFt
- List Price
- $1,250,000
- Status
- ACTIVE
- Days on Market
- 349
- Price Change
- ▼ $49,000 1784009036
- MLS#
- TB8425530
- Subtype
- Residential
- Style
- One Story
- Year Built
- 1973
- Bedrooms
- 1
- Bathrooms
- 1
- Full Baths
- 1
- Living Area
- 555
- Subdivision
- Parklane Condo
- Building Name
- 335
- MLS Area Major
- St Pete
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. FULLY LEASED. The asset sits within a well-maintained, complex featuring a fenced in 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 monthly. 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.
Additional Information
- Amenities
- Cable TV
- Interior Features
- Other
- Exterior Features
- Lighting, Sidewalk
- HOA Freqency
- Monthly
- Monthly Condo Fee
- 66
- Condo Fees
- $66
- Condo Fees Term
- Monthly
- Pets Allowed
- Yes
- Pets
- Yes
- Max Pet Weight
- 20
- Building Name
- 335
- Financing
- Cash, Conventional
- Community Features
- Pool, No Deed Restriction
- Property Description
- One Story
- Appliances
- Other
- Heating
- Central
- Air Conditioning
- Central Air
- Exterior Construction
- Block
- Exterior Features
- Lighting, Sidewalk
- Stories
- 1
- Levels
- One
- Roof
- Shingle
- Foundation
- Slab
- Pool
- Yes
Listing courtesy of LOMBARDO TEAM REAL ESTATE LLC. 813-321-0437
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