Search Description Details Neighborhood
Main
Photo 1
Photo 2
Photo 3
Photo 4
Photo 5
Photo 6
Active Income

335 47TH AVENUE

St Petersburg, FL 33703

STELLAR #TB8425352 Updated: Apr 29, 2026, 7:38pm
$1,299,000
0 Beds • 0 Baths • 555 SqFt
Property
ActiveIncome
1/60
$1,299,000

335 47TH AVENUE

St Petersburg, FL 33703
0
Beds
0
Baths
555
SqFt
0
Acres
STELLAR
#TB8425352
Updated: Apr 29, 2026, 7:38pm

Property Description

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.
Launch 3D Virtual Tour
Opens in a new window

Property Details

Interior
Cooling
Central Air
Flooring
Other
Heating
Central
Interior Features
Other
Laundry Features
Common Area
Living Area
555
Construction
Building Area Units
Square Feet
Construction Materials
Block
Foundation Details
Slab
Living Area Source
Public Records
Living Area Units
Square Feet
Number Of Units Total
13
Roof
Shingle
Year Built
1973
Site & Exterior
Exterior Features
OtherSidewalk
Flood Zone Code
AE
I D X Participation
Yes
Number Of Lots
13
Public Survey Range
17
Public Survey Section
06
Road Surface Type
Asphalt
Sewer
Public Sewer
Total Acreage
0 to less than 1/4
Utilities
Public
Water Source
Public
Financials
Additional Parcels
Yes
Additional Parcels Description
SEE EHIBIT A
Association Fee
386
Association Fee Frequency
Monthly
Calculated List Price By Calculated Sq Ft
2340.54
Contract Status Change Date
2025-09-10
Current Price
1299000
Feed Types
BBO
Lease Considered
Yes
Minimum Lease
No Minimum
Monthly H O A Amount
386
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
4632
Total Monthly Fees
386

Neighborhood & Lifestyle

Community & Association
Association Email
OFFICE@MCHOMESREALTY.COM
Association Fee Requirement
Required
Association Name
JHASMEL 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: Apr 29, 2026, 7:38pm.
Mary Gillam

Listing Agent

LOMBARDO TEAM REAL ESTATE LLC

Call Agent
Call