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Julia Vakulenko - Broker -

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335 47TH AVE N #244, ST PETERSBURG, 33703



Property highlights

  • MLS#: TB8425530
  • Year built: 1973
  • Floor: 1
  • Pool: Community pool
  • Listed: 09/10/2025
  • Taxes: $1,254.78
  • Condo maintenance: $66.00 Monthly
  • Average Monthly Fees (not including CDD, if any): $66.00
  • Maintenance fee includes: Pool, Maintenance Structure, Maintenance Grounds, Pest Control, Sewer, Trash and Water
  • Building Name: 335

Property Overview

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, with only two currently vacant. The asset sits within a well-maintained, fenced complex featuring a 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 per month. 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.

Driving 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.

Property Features

Rooms Dimension Description
Primary Bedroom First level
Kitchen First level
Bathroom 1 First level
Living Room First level

Interior Features

  • Other

Appliances

  • Other

Heating

  • Central

Laundry features

  • Common Area

Air Conditioning

  • Central Air

Floor Covering

  • Other

Utilities

  • Public

Exterior features

  • Lighting
  • Sidewalk

Community Features

  • Pool

Association Amenities

  • Cable TV

Construction Materials

  • Block

Road Surface Type

  • Asphalt

Roof

  • Shingle

Foundation

  • Slab

Listing information courtesy of LOMBARDO TEAM REAL ESTATE LLC

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Listing data comes from My Florida Regional MLS.