Condo for Sale
$859,995
2 bd · 2 ba · 1,370 sqft
ST PETERSBURG, FL 33703 · MLS# TB8425530 · Active · PARKLANE CONDO
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.
Estimate only — actual rates, taxes and insurance vary. Not a loan offer or financial advice. Financing through Matthew Gromadzki, NMLS #2560919 · Innovative Mortgage Services, Inc., NMLS #250769.
335 47TH AVENUE N # 244, ST PETERSBURG, FL 33703 · See all St. Petersburg condos for sale
Condo for Sale
$859,995
2 bd · 2 ba · 1,370 sqft
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335 47TH AVENUE N # 244 is a condo for sale in ST PETERSBURG, FL 33703. This property was listed for sale on September 10, 2025 by LOMBARDO TEAM REAL ESTATE LLC, it's currently listed at $1,250,000. This listing's school district is Pinellas Public Schools. 335 47TH AVENUE N # 244 is a 1-bed, 1-bath, 555 sqft condo built in 1973.