335 47TH AVENUE N, ST PETERSBURG, FL 33703

Description of 335 47TH AVENUE N, ST PETERSBURG, FL 33703

For the investor seeking immediate income and future upside, this 13-unit income-producing portfolio in the Parklane Condominiums offers an exceptional blend of stability, location, and scale. The mix consists of eleven one-bedroom units and two two-bedroom units, FULLY LEASED, and gross rental potential exceeding $15,000/monthly. The property is situated in a high-demand rental corridor just minutes from downtown St. Petersburg, with direct access to I-275, 4th Street, major employers, and public transportation. Parklane has had consistent demand and minimal vacancy. The portfolio benefits from an investor-friendly HOA structure that covers nearly all exterior operational costs, including maintenance, roof reserves, pool service, water, sewer, trash, cable, and landscaping, providing a passive ownership profile with reduced management complexity. Tenants enjoy a gated, well-maintained community with a shared pool, green space, and common areas that promote long-term retention. Whether you are expanding an existing portfolio or executing a 1031 exchange, this stabilized asset offers immediate income, operational efficiency, and strong fundamentals in a rapidly appreciating urban market.

Property Details for 335 47TH AVENUE N, ST PETERSBURG, FL 33703

Interior Features

Other

Flooring

Other

Heating

Central

Cooling

Central Air

Pool Private

No

Building Information for 335 47TH AVENUE N, ST PETERSBURG, FL 33703

Building Area Units

Square Feet

Association

Yes

Association Fee

$386

Association Fee Frequency

Monthly

Pets Allowed

Yes

Property Information for 335 47TH AVENUE N, ST PETERSBURG, FL 33703

Waterfront

No

View

No

Construction Materials

Block

Roof

Shingle

Exterior Features

Other, Sidewalk

Sewer

Public Sewer

Water Source

Public

New Construction

No

Public Records for 335 47TH AVENUE N, ST PETERSBURG, FL 33703

Parcel Number

063117666453350244

Tax Annual Amount

$1,255

Tax Year

2024

Tax Legal Description

PARKLANE CONDO BLDG 335, UNIT 244

County Or Parish

Pinellas

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