Property Description

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. FULLY LEASED. 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.

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Included Appliances

Other

Property Details

Interior

Appliances

Other

Bathrooms Total Decimal

Yes

Building Area Total

555

Cooling

Central Air

Floor Number

Yes

Flooring

Other

Heating

Central

Interior Features

Other

Laundry Features

Common Area

Living Area

555

Rooms Total

4

Construction

Building Area Source

Public Records

Building Area Units

Square Feet

Construction Materials

Block

Direction Faces

West

Foundation Details

Slab

Levels

One

Living Area Source

Public Records

Living Area Units

Square Feet

Roof

Shingle

Stories Total

Yes

Year Built

1973

Site & Exterior

Exterior Features

LightingSidewalk

Flood Zone Code

AE

I D X Participation

Yes

Public Survey Range

17

Public Survey Section

06

Road Surface Type

Asphalt

Sewer

Public Sewer

Utilities

Public

Water Source

Public

Financials

Additional Parcels

Yes

Additional Parcels Description

SEE EXHIBIT A

Association Fee Frequency

Monthly

Association Fee Includes

Community PoolMaintenance StructureMaintenance GroundsPest ControlSewerTrashWater

Calculated List Price By Calculated Sq Ft

2340.54

Condo Fees

66

Condo Fees Term

Monthly

Contract Status Change Date

2025-09-10

Current Price

1299000

Feed Types

BBO

Lease Considered

Yes

Lease Expiration

2026-02-28

Minimum Lease

No Minimum

Monthly Condo Fee Amount

66

Owner Name

MR PARKLANE PROPERTIES LLC

Ownership

Fee Simple

Parcel Number

063117666453350244

Public Survey Township

31

Tax Annual Amount

1254.78

Tax Book Number

69-79

Tax Legal Description

PARKLANE CONDO BLDG 335, UNIT 244

Tax Year

2024

Total Annual Fees

792

Total Monthly Fees

66

Neighborhood & Lifestyle

Community & Association

Association Amenities

Cable TV

Association Approval Required

Yes

Association Email

OFFICE@MCHOMESREALTY.COM

Association Fee Requirement

Required

Association Name

JHASML SANTIAGO

Association Phone

727-432-2181

Association U R L

View Link

Community Features

Pool

M L S Area Major

33703 - St Pete

Max Pet Weight

20

Pets Allowed

Yes

Subdivision Name

PARKLANE CONDO

Listing provided courtesy of STELLAR via IDX. Updated: May 7, 2026, 7:53pm.

335 47TH AVENUE 244

335 47TH AVENUE 244

Property Description

Property Details

Interior

Construction

Site & Exterior

Financials

Neighborhood & Lifestyle

Community & Association

Mary Gillam

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335 47TH AVENUE 244

335 47TH AVENUE 244

Property Description

Property Details

Interior

Construction

Site & Exterior

Financials

Neighborhood & Lifestyle

Community & Association

Mary Gillam