Active
335 47TH Ave N Unit 244, St Petersburg, FL 33703
MLS TB8425530
$1,250,000
Est. $6,420/mo principal and interest at 6.65% with 20% down
1 bd · 1.0 ba · 555 sqft · Condominium
About this home
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, complex featuring a fenced in 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.
Key facts
- Type
- Condominium
- Size
- 555 sqft
- Bedrooms
- 1
- Bathrooms
- 1.0
- Avg. price per sqft
- $2,252
- County
- Pinellas
- MLS number
- TB8425530
- Status
- Active
- Property address
- 335 47TH Ave N Unit 244, St Petersburg, FL 33703
Where is this home?
Common questions
How much is 335 47TH Ave N Unit 244, St Petersburg, FL 33703 listed for?
335 47TH Ave N Unit 244, St Petersburg, FL 33703 in St Petersburg, FL is listed at $1,250,000 (about $6,420/mo principal and interest at 6.65% with 20% down).
How many bedrooms and bathrooms does 335 47TH Ave N Unit 244, St Petersburg, FL 33703 have?
335 47TH Ave N Unit 244, St Petersburg, FL 33703 has 1 bedrooms, 1.0 bathrooms, and 555 square feet.
Who can show 335 47TH Ave N Unit 244, St Petersburg, FL 33703 in St Petersburg?
Jonathan Loescher is a Tampa Bay Realtor and Loan Originator. He can tour this home, compare nearby listings, and work the financing with you.