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335 47th Avenue N #244, 
St Petersburg, FL 33703

$1,573,000


1

Bed


1

Bath


555

Sq Ft


Condo


Virtual Tour

Active

Listed by

Mary Gillam

Lombardo Team Real Estate LLC.

Last updated:

September 11, 2025, 12:59 PM

MLS#

TB8425530

Source:

MFRMLS

About This Home

335 47th Avenue N #244

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.

Home Facts

Condo

1 Bath

1 Bedroom

Built in 1973

Price Summary

1,573,000

$2,834 per Sq. Ft.

MLS #:

TB8425530

Last Updated:

September 11, 2025, 12:59 PM

Added:

1 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

1

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1

Interior

Living Area:

555 Sq. Ft.


Structure

Structure

Building Area:

555 Sq. Ft.

Year Built:

1973


Finances & Disclosures

Finances

Price:

$1,573,000

Price per Sq. Ft:

$2,834 per Sq. Ft.

MLS Logo
The information being provided by My Florida Regional MLS DBA Stellar MLS. is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the My Florida Regional MLS DBA Stellar MLS.. Lombardo Team Real Estate LLC. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Lombardo Team Real Estate LLC., a broker participant of My Florida Regional MLS DBA Stellar MLS.. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by My Florida Regional MLS DBA Stellar MLS. and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2025 My Florida Regional MLS DBA Stellar MLS.. All rights reserved.

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