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Listed price in listed location currency (USD).
$1,350,000

000

MLS® TB8425352

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 555 sqft
Garage No
Taxes $1,255
Days Active 183
Lot Size 
Approx. Age 1973
Avg. Price Per Sqft $2,432
MLS® Number TB8425352

Property Address: 335 47th Ave N, ST PETERSBURG, FL, 33703-3912

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® NumberTB8425352
Laundry LevelCommon Area
Central VacNo
FireplaceNo
Acreage0
Exterior
GarageNo
Approx. Age1973
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 10, 2025List Date
$1,350,000List Price
  • Commute

Commute

Starting Address
Destination Address
335 47 Th Ave N, ST PETERSBURG, FL

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