About 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.
Features of 335 47th Avenue N 244
| MLS® # | TB8425530 |
|---|---|
| Price | $1,500,000 |
| Bedrooms | 1 |
| Bathrooms | 1.00 |
| Full Baths | 1 |
| Square Footage | 555 |
| Year Built | 1973 |
| Type | Residential |
| Sub-Type | Condominium |
| Status | Active |
Listing Details
| Office | LOMBARDO TEAM REAL ESTATE LLC |
|---|
Listing Map
Neighborhood Information for 335 47th Avenue N 244
Low Residential Turnover, Coastal Area, Suburb of Tampa
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
|
Shorecrest Preparatory School Private - Preschool to 12Th Grade - Closest Elementry School |
0 Miles | |
|
North Shore Elementary School Public - Kindergarten to 5Th Grade |
1 Miles | |
|
|
Grace Lutheran School Private - Preschool to 8Th Grade - Closest Middle School |
1 Miles | |
|
|
Aba Academy Private - Kindergarten to 8Th Grade |
1 Miles | |
|
Northeast High School Public - 9Th Grade to 12Th Grade - Closest High School |
1 Miles | |
|
|
Northeast Community Public - to |
1 Miles | |
|
|
Canterbury School Of Florida - Knowlton Campus Private - 5Th Grade to 12Th Grade |
1 Miles |
School data provided by GreatSchools