- 1 bed
- 1 bath
- 772 sqft
335 47th Avenue N Unit 244St Petersburg, FL, 33703
- Price per sqft
- $2,207
- Days on market
- 407
- Listed
- Sep 10, 2025
- Last reduction
- −$25,000
- Sep 14, 2026
About this property
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. 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. Owner willing to sell off bundles of units.
Top Villas Intelligence
Projected rental revenue and ownership costs
Property details
- Property type
- Condominium
- Street address
- 335 47th Avenue N Unit 244
- City
- St Petersburg
- State
- FL
- ZIP code
- 33703
- Year built
- 1973
- New construction
- No
- Faces
- West
- Rooms
- 4
- Building stories
- 1
- Living area
- 555 sqft
- Total building area
- 555 sqft
- Levels
- One
Price & sale history
Asking price reduced by $348,000 (22.1%) since first listed.
| Date | Event | Price | Change from previous recorded asking price |
|---|---|---|---|
| Price reducedMLS #TB8425530 | $1,225,000Change: −22.1%−$348,000 | −22.1%−$348,000 | |
| Listed for saleMLS #TB8425530 | $1,573,000 | Not applicable |
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