Homes for sale - 335 47TH AVE N, St Petersburg, FL 33703

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Ani Palaus

anni@palausproperties.com +1(813) 444-3087

$ 1,450,000

Est. payment | -/mo

555 SqFt

Save Virtual Tour

$ 1,450,000

Est. payment | -/mo

Save Virtual Tour

555 SqFt

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 555 sqft

Price per Sqft $2,612

Subdivision Parklane Condo

MLS Listing ID TB8425350

HOA Y/N No

Year Built 1973

Annual Tax Amount $1,254

Property Sub-Type Multi Family

Source Stellar MLS

Property Description

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 near 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 per month 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&rsquos fastest-growing submarkets.

Location

State FL

County Pinellas

Community Parklane Condo

Area 33703 - St Pete

Direction N

Interior

Cooling Central Air

Exterior

Utilities Available Public

Building

Story 1

Foundation Slab

Lot Size Range Non-Applicable

Sewer Public Sewer

Water Public

Structure Type Block

New Construction false

Others

Ownership Sole Proprietor

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8425350

Listed by Mary Gillam LOMBARDO TEAM REAL ESTATE LLC

Ani Palaus
Agent License ID: SL3527257

I'm Ani Palaus, your expert in Tampa Bay Coastal properties. From luxurious beachfront homes to charming coastal cottages and stunning waterfront condos, I have the experience to find your dream property. With my deep knowledge of the local market, I'll provide valuable insights and guide you through a seamless buying or selling process. Whether you're a first-time buyer or a seasoned investor, I’m here to help you achieve your real estate goals with exceptional service and dedication.

+1(813) 444-3087

anni@palausproperties.com

St Pete Beach, FL, 33706, USA

335 47TH AVE N St Petersburg, FL 33703