335 47TH AVENUE ST PETERSBURG FL 33703

Overview of 335 47th Ave 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.

This luxury condo was built in 1973 and features 1 bedrooms, and 1 full bathrooms. This condo for sale is 555 square feet, with 555 sq ft being air conditioned living space. The condo does not have a private swimming pool.

Directions to this property are as follows: From I-275: Take Exit 23b For 4th Street North And Go North. Turn Left Onto 47th Avenue North. 335 47th Avenue North Will Be On Your Right. From 4th Street N & 38th Avenue N: Head North On 4th Street N. Turn Left Onto 47th Avenue North. 335 47th Avenue North Will Be On Your Right.

Please contact your ZFC agent for more information about MLS# MFRTB8425530 or any other condos for sale in St Petersburg or elsewhere in the Pinellas County area.