Active
335 47TH Ave N, St Petersburg, FL 33703
MLS TB8425350
$1,250,000
Est. $6,420/mo principal and interest at 6.65% with 20% down
0 bd · 0 ba · 555 sqft · Multi Family (5+)
About this property
Introducing a highly sought-after multifamily investment opportunity located in the Parklane Condominiums of St. Petersburg&mdasha well-performing, professionally managed community with a stable tenant base and strong market fundamentals. This 13-unit portfolio consists of eleven 1-bedroom units and two 2-bedroom units, with full occupancy and reliable rental performance. Situated just off the 4th Street corridor and minutes from downtown, the property benefits from excellent connectivity to I-275, vibrant employment centers, retail corridors, and public transit lines. The asset operates under a condominium regime with HOA coverage that includes exterior maintenance, roofing, landscaping, pool service, water, sewer, trash, and cable, which significantly reduces operational burden and creates an attractive management-light investment structure. The fenced grounds, mature landscaping, and community amenities including a pool and gazebo, provide long-term stability and tenant retention. With projected gross rents surpassing $15,000 monthly and consistent historical occupancy, this portfolio is well-positioned for institutional or private capital seeking a scaled, income-producing asset with limited turnover and strong cash-on-cash performance in one of Tampa Bay's fastest-growing submarkets.
Key facts
- Type
- Multi Family (5+)
- Size
- 555 sqft
- Avg. price per sqft
- $2,252
- Days on market
- 344
- Year built
- 1973
- Annual taxes
- $1,255
- Flood zone
- AE
- Cooling
- Central Air
- Pets
- Yes - See Condo Docs
- Subdivision
- PARKLANE CONDO
- Financing
- Cash
- Stories
- 1
- County
- Pinellas
- MLS number
- TB8425350
- Status
- Active
- Property address
- 335 47TH Ave N, St Petersburg, FL 33703
Property details
Exterior
- Block
Schools
- District
- Pinellas County School District
- Elementary
- NORTH SHORE ELEMENTARY SCHOOL
- Middle
- MANGROVE BAY MIDDLE SCHOOL
- High
- NORTHEAST HIGH SCHOOL
School grades from FLDOE public records. District polygons and school points from NCES EDGE. Assignment is not a legal attendance guarantee. Composite scores, when present, are derived from public records and are not official FLDOE grades.
Where is this home?
Common questions
How much is 335 47TH Ave N, St Petersburg, FL 33703 listed for?
335 47TH Ave N, 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, St Petersburg, FL 33703 have?
335 47TH Ave N, St Petersburg, FL 33703 has 0 bedrooms, 0 bathrooms, and 555 square feet.
Who can show 335 47TH Ave N, 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.
Listings courtesy of Stellar MLS