AgentLogo

335 47TH AVENUE N

ST PETERSBURG , FL 33703

MLS#: TB8425352

$1,399,000

Status: Active
Listing number: TB8425352
Listing provided by: LOMBARDO TEAM REAL ESTATE LLC
Listing agent phone: None
Last update: 10 hours ago
On site: 3 months ago
Browse Properties
PARKLANE CONDO - Residential Income

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1973

Sq.Footage

555

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, with only two currently vacant, 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.

Features & Amenities

Interior

  • Other Interior Features

    Other

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Central

  • Pet friendly

    Yes

Exterior

  • Garage

    No

  • Construction Materials

    Block

  • Other Exterior Features

    Other

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

Price

  • Sales Price

    $1,399,000

  • Tax Amount

    1254.78

  • Sq. Footage

    555

  • Price/SqFt

    $2,520

HOA

  • Association

    Yes

  • Association Fee Includes

    N/A

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Foundation Details

    Slab

  • Ownership

    Fee Simple

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    NA

  • Water Source

    Public

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

What is 3 + 4 ?


Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

Pinellas

Elementary School

Middle School

High School

Listing Courtesy of Mary Gillam , LOMBARDO TEAM REAL ESTATE LLC

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent AshleyBaillio

FOUNDER

AshleyBaillio

Call Ashley today to schedule a private showing.

(561) 609-2391

franko+southflorida@init.hr


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
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, with only two currently vacant, 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.

335 47TH AVENUE N

Message successfully sent.

What would you like to know?

What is 3 + 4 ?

Related Properties

Introducing Blue Pelican, a brand-new commercial-quality quadplex rebuilt from the studs up. Only portions of the exterior framing and slab remain—every other major component is new, including the electrical system and panels, plumbing, roof, HVAC, siding, impact-rated windows and doors, driveway, insulation, drywall, upscale kitchens and bathrooms, and all interior finishes. The property also features a commercial fire sprinkler system and a commercial fire alarm system, offering insurance advantages, enhanced safety, and long-term durability rarely found in small multifamily assets. The building lives more like a newly constructed boutique apartment building than a traditional four-unit. Each residence has been fully redesigned with modern layouts and high-end finishes, and one of the units is fully ADA compliant with an exterior wheelchair-accessible ramp. Additional upgrades such as designated bicycle parking and thoughtful site enhancements help ensure low-maintenance ownership for years to come. The owners are currently replicating this project with the mirror-image property next door at 3101 16th St N, which will be completed as “Green Pelican” and will match Blue Pelican in layout, quality, and commercial-grade upgrades, with the only difference being a Seafoam Green exterior. Once completed, this will enhance the overall appeal and value of Blue Pelican, and a future purchaser will have the opportunity to acquire both properties for a cohesive and highly attractive 8-unit investment. Fully leased the property will deliver a total monthly rental income of $8,825 plus an additional $200/month in reimbursement for water and trash, bringing the annual gross income to approximately $108,300. All units are separately metered for electric, creating an efficient and predictable utility structure. Given the complete redevelopment and commercial-grade systems, future capital expenditure needs are minimal. Based on typical operating metrics for a brand-new, impact-rated multifamily building in Florida, the projected NOI supports a strong cap rate at list price. With rental upside over time, the pro forma performance trends even stronger. Blue Pelican presents a rare opportunity to acquire a true turnkey, fully rebuilt income-producing asset with commercial-level construction quality, modern design, and stabilized rent roll—all in a growing, high-demand market near downtown St Pete and right around the corner from Crescent Lake.
#TB8449162

ST PETERSBURG

3103 16TH STREET N

8 Beds

None Baths

2,680 Sq.Ft.

$1,199,000

MLS#: TB8449162

Price reduced
HUGE PRICE DROP. This is the LOWEST PRICED New Construction Residental Income Opportunity in St Pete. Exceptional opportunity to own two newly built, fee simple townhomes—each with a detached studio apartment/ADU—sold together as a 4-unit package with NO HOA. Located at 2523 & 2525 13th Ave N, this new construction investment has the opportunity to positively cash flow — a rare find with today’s market and rates. Ideal for investors or owner-occupants looking to house hack. Each townhouse offers 3 bedrooms, 2.5 baths, a private office, and a 2-car garage with a studio ADU above—perfect for guests or rental income. Modern finishes, open layouts, and premium craftsmanship throughout. Live in one and rent the rest, or lease all four units for strong returns and the opportunity for bonus depreciation or a 1031 exchange in 2025/2026.
#TB8445192

ST PETERSBURG

2525 13TH AVENUE N

6 Beds

None Baths

4,134 Sq.Ft.

$1,599,000

MLS#: TB8445192

Price reduced
CASH FLOWING AND OCCUPIED**NO FLOOD ZONE**INCREDIBLE INVESTMENT OPPORTUNITY in the heart of ST. PETERSBURG! This CORNER-LOT parcel spans 3.5 LOTS and includes THREE CASH-FLOWING PROPERTIES (4 UNITS TOTAL): a 3-BEDROOM, 2-BATH HOME, a 2-BEDROOM, 2-BATH HOME, and TWO REMODELED STUDIO UNITS. All units were FULLY UPDATED IN 2022 with NEW ROOFS, KITCHENS, FLOORING, DOORS, TRIM, and PAINT, and the property received NEW LANDSCAPING IN 2025. The CURRENT OWNERS HAVE PERMITTED THE TEAR-DOWN of a former 5-unit structure (INCLUDING ASBESTOS REMOVAL) and REZONED THE PROPERTY to allow for UP TO 13 UNITS—giving the next investor the ability to COLLECT RENT WHILE YOU BUILD. PRIME LOCATION just MINUTES TO CENTRAL AVENUE, DOWNTOWN ST. PETE, and the WAREHOUSE ARTS DISTRICT, with easy access to the TROPICANA FIELD REDEVELOPMENT AREA, the BEACHES, and I-275. Surrounded by NEW CONSTRUCTION and THRIVING LOCAL BUSINESSES, this HIGH-DEMAND RENTAL AREA offers STRONG CURRENT INCOME, ENDLESS APPRECIATION POTENTIAL, and an AMAZING OPPORTUNITY to DEVELOP IN ONE OF ST. PETE’S FASTEST-GROWING CORRIDORS. 2722 14TH AVE S 2 BEDROOM HOUSE, 2728 14TH AVE S 3 BEDROOM HOUSE, 2722 14TH AVE UNIT A AND B STUDIO UNITS AND 1416 28TH AVE S (WAS 5 UNIT TEAR DOWN)
#TB8443916

ST PETERSBURG

2722 14TH AVENUE S

5 Beds

None Baths

5,143 Sq.Ft.

$1,460,900

MLS#: TB8443916

Non Flood Zone/Non Evacuation Zone - Block Construction with Over 6,000 sq ft of Air Conditioned Space. Corner Property with Laundry and 5 Parking On Site. Large Units (Two 1700 sq ft units and two 1200 sq ft units). Roof Replaced in 2023. Central Air and Heat in Each Unit. Under Market Rents. Opportunity to improve and capture new rents. Live in One Unit and Have The Other Tenants Help Pay For Your Mortgage or operate as an investment. Three Blocks From Beach Drive and The Vinoy - You CANNOT Beat This Location and Opportunity. This Can Be Purchased With The Adjacent Two Parcels (135 6th Ave N and 127 6th Ave N) Assembling HALF AN ACRE of Contiguous Land In Historic Old Northeast. Opportunities Like This Are A Rarity.
#TB8439626

ST PETERSBURG

611 2ND STREET N

8 Beds

None Baths

6,075 Sq.Ft.

$1,395,000

MLS#: TB8439626

Great property for investment or to make your own and have great income producing units. Located in the Historic Uptown and very close to Downtown St Petersburg. There are two buildings located on this tropically landscaped lot. The property consists of a 3 Bed, 1-1/2 Bath stand-alone home in the front that is 1,152 SF. Plus a one car garage with washer and dryer hook up. A beautiful, covered porch with Cuban tile, decorative original hardwood floors, built-ins, pantry, and an outdoor courtyard space located between the 2 buildings. The second building is a duplex. The upper unit (532) is 1,055 SF with 2 or 3 Bedrooms, 1 Bath. It has large living and dining area, Crown molding, and granite counters The Lower Unit (534) is 870 SF with 2 Bedrooms, 1 Bath with an enclosed porch that can be a den or a home office. There are wood floors throughout, granite counters and a claw foot tub. Both units have inside laundry. A great benefit is that a new roof was installed June of 2022 on the back building and a new roof installed on Main house and in December of 2024. This is a tenant occupied property so please do not approach the residence living at the house The Garage is for storage only. The floor cannot support a car.
#TB8430796

ST PETERSBURG

540 11TH AVENUE N

7 Beds

None Baths

3,077 Sq.Ft.

$1,249,000

MLS#: TB8430796

Charming Craftsman-Style Triplex with Pool & Income Potential Rare opportunity to own a beautifully updated Craftsman-style bungalow triplex in the heart of St. Petersburg! This unique property includes: • A front single-story home, currently configured as two 1-bedroom, 1-bath units with full kitchens and spacious living areas. • A large detached 2 car garage with alley access. • An 850 sq. ft. 2-bedroom, 1-bath ADU above the garage (two story rear yard structure with single story front home), featuring a sunroom, hardwood floors, updated electrical and plumbing, a modern kitchen with stainless steel appliances, ample cabinetry, walk-in pantry, and an in-unit washer and dryer. Modern Upgrades with Historic Charm Originally built in 1915, this Craftsman bungalow retains its historic charm with hardwood floors and unique architectural details. Renovation included: Updated electrical & plumbing New stainless-steel appliances, cabinetry, and countertops New roofing Gas tankless water heaters for energy efficiency New pool, pool heater and rear yard exterior tiled, covered patio Outdoor Oasis The spacious private backyard features a brand-new inground pool, beautiful hardscaping, and a newly tiled patio—perfect for entertaining. Mature landscaping adds privacy and a serene atmosphere. Convenient Parking • Oversized 2-car garage with separate alley access • Covered carport • Additional paved parking for two more vehicles Prime Location Situated just steps from Tampa Bay and in Flood Zone X (no flood insurance required!), this home offers easy access to the best of downtown St. Petersburg: • Walk to parks, beaches, world-class shopping, and restaurants • Enjoy nearby annual events like the Mainsail Art Festival, Pops in the Park, and the St. Pete Grand Prix • Quick access to I-275 and 4th St. for an easy commute This versatile property is ideal for multi-generational living, short-term or long-term rentals, or an owner-occupied investment. With its unbeatable location, modern upgrades, and income potential, this one won’t last long—schedule your showing today!
#TB8405403

ST PETERSBURG

216 10TH AVENUE NE

4 Beds

None Baths

1,950 Sq.Ft.

$1,595,000

MLS#: TB8405403

Price reduced
At 920 16th Ave N, you don't have to imagine what living in paradise AND having your mortgage paid (by not one, but TWO INCOME PRODUCING UNITS) would be like, you get to LIVE IT! Located in Flood Zone X - NON-FLOOD ZONE and approx. 50 ft elevation according to multiple online data sources - Nestled in the gorgeous brick-paved neighborhood of Euclid-St. Paul, just minutes from Downtown St Pete and a few blocks from Crescent Lake Park, this property offers the Florida lifestyle you've always dreamed of. The primary 2-story home is an ENORMOUS 2374 sq ft living space consisting of 4 spacious bedrooms, 3 bathrooms, 2 living rooms, and a dedicated laundry room. Start your day with coffee on the GIANT front porch, where you will undoubtedly be greeted by friendly neighbors on their morning stroll. Grill out and chill out on either of your TWO the back decks in your fully fenced backyard where you will find plenty of gardening opportunities. Behind the main home, you will find the massive two story rental property which consists of two approx. 450 sq ft 1/1 rental properties on the second floor and 2 approx. 450 sq ft temperature controlled bonus spaces/storage rooms on the first floor, plus a laundry room which is shared by the two tenants. This fantastic property is SELF SUFFICIENT with access to well water in addition to city water and generator plug ins, and ENERGY EFFICIENT with fully installed solar panels providing significant savings. Whether you're looking to establish multigenerational living or wanting to house hack where your renters pay down your mortgage, this incredibly charming BIG YELLOW HOUSE is teeming with potential. Schedule your showing before it's gone!
#TB8380319

ST PETERSBURG

920 16TH AVENUE N

6 Beds

None Baths

4,202 Sq.Ft.

$1,340,000

MLS#: TB8380319

Multi-Unit opportunity is the heart of St Petersburg. This completely renovated 6-unit property is Zoned Multifamily <10 units and is located just two blocks from Central Ave in St Petersburg. All units have been tastefully updated with new kitchens, AC systems, bathrooms and stainless steel appliances. Current Rental income of $9350 per month. Front building is four units completely renovated in 2019. Front units include waterproof laminate flooring, granite countertops, stainless steel appliances and renovated Bathrooms. Rear building is two units that were remodeled in 2022. Rear units include New Windows, Stainless steel appliances, large renovated bathrooms, quartz countertops and wood flooring. Plenty of Parking with 4 garage spaces. Both buildings are fully fire sprinklered, all new code compliant plumbing and electrical. Flood zone X with no insurance required! These units are in high demand and always stay rented with this desirable location!
#A4645614

ST PETERSBURG

2745 2ND AVENUE S

6 Beds

None Baths

3,589 Sq.Ft.

$1,300,000

MLS#: A4645614

**HUGE Investment Rental Income Opportunity as this property holds a Bed & Breakfast license!! Brand New Roof Installed May 2025 with a transferable warranty. Welcome to the enchanting world of historic elegance! Step into the timeless beauty of this extraordinary 1936 Tudor revival home. Nestled in the beloved neighborhood of Historic Kenwood, this magnificent estate boasts seven bedrooms, eight bathrooms, and an enticing heated in-ground pool. As you enter through the grand foyer, you'll be greeted by an atmosphere of old-world charm and warmth. The rich hardwood floors, intricate detailing, and high ceilings effortlessly blend with modern amenities, creating a harmonious fusion of the past and present. The spacious living areas are perfect for both grand entertaining and intimate gatherings. The formal dining room exudes sophistication, while the cozy library that currently being used as a secondary dining room, offers a quiet retreat for intellectual pursuits. The majestic fireplace in the living room is a delightful centerpiece, inviting you to relax and unwind. The chef-inspired kitchen is a culinary masterpiece, featuring top-of-the-line appliances, ample storage space, and a charming breakfast nook. Prepare delectable meals while enjoying the picturesque views of the lush landscaped gardens. Retreat to the seven well-appointed bedrooms, each offering a serene sanctuary for peaceful nights rest. There are two master suites on the first floor and both are a true oasis, complete with a luxurious en-suite bathroom, and a private sitting area. Indulge in the ultimate relaxation experience in any of the eight beautifully designed bathrooms, featuring modern fixtures and elegant finishes. Whether you prefer a rejuvenating shower or a tranquil soak in the tub, these bathrooms cater to your every need. The outdoor space is a true paradise, encompassing impeccably manicured gardens, a charming patio and a sparkling heated in-ground pool. Dive into the refreshing waters, bask in the sun on the poolside lounge chairs, or gather with loved ones for unforgettable poolside barbecues. Located in a prime historic neighborhood, this Tudor home offers easy access to renowned schools, trendy shops, and fine dining establishments. Immerse yourself in the rich history of the area, while enjoying the modern conveniences of today. Don't miss this rare opportunity to own a piece of history with the added luxury of a heated in-ground pool. Schedule a private tour and let this 1936 Tudor home transport you to a world of timeless elegance, unparalleled luxury, and endless enjoyment. The main house consists of 6 bedrooms and 7 bathrooms. The guest house adjacent to the pool area is a one bed, one bath unit. Currently this property is an operational licensed Bed and Breakfast.
#TB8336080

ST PETERSBURG

2801 7TH AVENUE N

7 Beds

None Baths

4,497 Sq.Ft.

$1,500,000

MLS#: TB8336080

- property

Send a message

Message successfully sent.

Your message

What is 3 + 4 ?

Reason for contacting?

Sign Out

Virtual Assistant

Would you like to take the next step with this property? We can help you schedule a showing or virtual tour, or send you more details.

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

Already have an account ? Login here

We use cookies

We use cookies primarily for analytics to enhance your experience. By accepting, you agree to our use of these cookies. You can manage your preferences or learn more about our cookies policy.

Privacy Policy Terms of Service