$1,250,000
335 47th Avenue
St Petersburg, FL 33703
Listing updated: July 13, 2026 at 8:57 PM ET
Property type
Year built
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
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.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history306 days on market
- Status: ActiveSep 10, 2025
- Listed$1,573,000Sep 10, 2025
- Price reduced$1,250,000
Facts & features
- Property type
- Commercial Sale
- Sub type
- Multi-Family 5+
- Status
- Active
- Days on market
- 306
- Subdivision
- Parklane Condo
- County
- Pinellas
- Year built
- 1973
- Living area
- 555 sq ft
- Price/sq ft
- $2,252
- Lot size
- 0 sq ft
- Lot category
- Non-Applicable
- Flood zone
- AE (12103C0209H)
- Annual taxes
- $1,255 (2024)
- Parcel #
- 06-31-17-66645-335-0244
- MLS #
- TB8425350
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Heating & Cooling
- Cooling
- Central Air
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- Listing terms
- Cash
- Ownership
- Sole Proprietor
Exterior & Construction
- Construction materials
- Block
- Foundation
- Slab
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Public
Community
- Pets allowed
- Yes - See Condo Docs
Listing Details
- Listing date
- 2025-09-10
- On market date
- 2025-09-10
- Original list price
- $1,573,000
- MLS area
- 33703 - St Pete
- Listing AOR
- Suncoast Tampa
- Status changed
- 2025-09-10
- Tax legal description
- SEE EXHIBIT A
Flood risk
FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
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.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of July 13, 2026 at 8:57 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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