335 47TH AVENUE N, ST PETERSBURG, FL 33703

About This Property

Introducing a highly sought-after multifamily investment opportunity located in the Parklane Condominiums of St. Petersburg&mdasha well-performing, professionally managed community with a stable tenant base and strong market fundamentals. This 13-unit portfolio consists of eleven 1-bedroom units and two 2-bedroom units, with full occupancy and reliable rental performance. Situated just off the 4th Street corridor and minutes from downtown, the property benefits from excellent connectivity to I-275, vibrant employment centers, retail corridors, and public transit lines. The asset operates under a condominium regime with HOA coverage that includes exterior maintenance, roofing, landscaping, pool service, water, sewer, trash, and cable, which significantly reduces operational burden and creates an attractive management-light investment structure. The fenced grounds, mature landscaping, and community amenities including a pool and gazebo, provide long-term stability and tenant retention. With projected gross rents surpassing $15,000 monthly and consistent historical occupancy, this portfolio is well-positioned for institutional or private capital seeking a scaled, income-producing asset with limited turnover and strong cash-on-cash performance in one of Tampa Bay's fastest-growing submarkets.

Property Overview

Interior Features

Exterior & Lot

Utilities

Parking

HOA & Community

Financial Details

Directions

From I-275: Take Exit 23B for 4th Street North and go north. Turn left onto 47th Avenue North. 335 47th Avenue North will be on your right. From 4th Street N & 38th Avenue N: Head north on 4th Street N. Turn left onto 47th Avenue North. 335 47th Avenue North will be on your right.

Location

Listing Information