$1,299,000
335 47th Avenue
St Petersburg, FL 33703
Property type
Year built
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
For the investor seeking immediate income and future upside, this 13-unit income-producing portfolio in the Parklane Condominiums offers an exceptional blend of stability, location, and scale. The mix consists of eleven one-bedroom units and two two-bedroom units, FULLY LEASED, and gross rental potential exceeding $15,000/monthly. The property is situated in a high-demand rental corridor just minutes from downtown St. Petersburg, with direct access to I-275, 4th Street, major employers, and public transportation. Parklane has had consistent demand and minimal vacancy. The portfolio benefits from an investor-friendly HOA structure that covers nearly all exterior operational costs, including maintenance, roof reserves, pool service, water, sewer, trash, cable, and landscaping, providing a passive ownership profile with reduced management complexity. Tenants enjoy a gated, well-maintained community with a shared pool, green space, and common areas that promote long-term retention. Whether you are expanding an existing portfolio or executing a 1031 exchange, this stabilized asset offers immediate income, operational efficiency, and strong fundamentals in a rapidly appreciating urban market.
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 history231 days on market
- Status: ActiveSep 10, 2025
- Listed$1,573,000Sep 10, 2025
- Price reduced$1,299,000
Virtual Tour
Facts & features
- Property type
- Residential Income
- Sub type
- Multi-Family 5+
- Status
- Active
- Days on market
- 231
- Subdivision
- Parklane Condo
- County
- Pinellas
- Year built
- 1973
- Living area
- 555 sq ft
- Price/sq ft
- $2,341
- Lot size
- 0 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- AE (12103C0209H)
- Annual taxes
- $1,255 (2024)
- Parcel #
- 06-31-17-66645-335-0244
- MLS #
- TB8425352
Interior Details
- Bedrooms
- 0
- Flooring
- Other
- Interior features
- Other
- Laundry
- Common Area
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
HOA & Financial
- HOA fee
- $386 / Monthly
- Monthly HOA
- $386/mo
- Total monthly fees
- $386/mo
- Total annual fees
- $4,632
- HOA name
- JHASMEL SANTIAGO
- CDD
- No
- Min lease term
- No Minimum
- Listing terms
- Cash, Conventional
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- No
- Approval process
- APPLICATION AND BACKGROUND CHECK, SEE ATTACHMENTS https://parklane.hoamch.com/application_step-1.asp
Exterior & Construction
- Exterior features
- Other, Sidewalk
- Construction materials
- Block
- Roof
- Shingle
- Foundation
- Slab
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Public
Community
- Pets allowed
- Yes
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
- PARKLANE CONDO BLDG 335, UNIT 244
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 April 29, 2026 at 5:15 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.
Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA