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

MLS# TB8425530.  1 bed.  1.0 bath.  Condo.  Active

$1,255 in taxes (2024)

$1,299,000

 

Remarks:

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, 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 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.

Quick Info:

  • Listing is courtesy Of: LOMBARDO TEAM REAL ESTATE LLC ((813-321-0437))
  • Listing Agent: Mary Gillam ((703-283-0625))
  • Days on yellowkey: 236
  • Property Type: Condo
  • Beds: 1
  • Baths: 1.0
  • Living Area Square Feet: 555
  • Built 1973
  • Taxes: $1,255 (2024)
  • Garage Spaces: ()
  • Square Feet: 555
  • Fees: $0 Monthly
  • Pinellas County
  • Terms: Cash, Conventional
  • Subdivision Info:
  • Occupancy Information: Tenant
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  • Subdivision Name: PARKLANE CONDO
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History:

DateListing TypeDays on yellowkeyMLS#EventPrice% Chg$/sqftSource
9/10/2025Sale236TB8425530listed for sale$1,573,000-2340.5405MLS




Data is updated at least once a week by Sunday nights. Some properties that appear for sale on this web site may subsequently have been sold and may no longer be available. The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. Data can be retrieved from any one of the following MLS’s: Greater Fort Lauderdale REALTORS®, Space Coast Association of REALTORS®, My Florida Regional MLS, Florida Gulf Coast MLS, "©2024 Northeast Florida Multiple Listing Service, Inc. All rights reserved." The properties displayed may not be all of the properties in the MLS’s database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker’s logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors® and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

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