335 47TH AVENUE N UNIT 244 at

335 47TH AVENUE N UNIT 244

For sale Days on market 167

$1,350,000

$2432/sq ft

$223,000
Price Decreased

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335 47TH AVENUE N UNIT 244

For sale Days on market 167

$1,350,000

$2432/sq ft

$223,000
Price Decreased

Overview

Bedroom

Bath

Year Built

1973

Sqft

555

Property Type

Condominium

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, 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

MLS#

TB8425530

Total Floor in Bldg

Address

335 47TH

City

St Petersburg

State/county

Zip/Postal Code

33703

Area

Parklane Condo

Country

United States

HOA

Yes

Assoc Fee

$--

Assoc Fee Pd

Monthly

Tax Amount

$1,254

Maint Fee

$--

Tax Year

2024

Other

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