335 47TH AVENUE N UNIT 244, ST PETERSBURG, FL 33703

About This Property

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. 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. Owner willing to sell off bundles of units.

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