Presented By: LOMBARDO TEAM REAL ESTATE LLC with 813-321-0437. - 813-321-0437
MLS# TB8425350
09/10/2025
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SQFT • 555
Home Details
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.
Presented By: LOMBARDO TEAM REAL ESTATE LLC with 813-321-0437. - 813-321-0437
Interior Features for 335 47TH AVENUE N
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
Total Stories1
General for 335 47TH AVENUE N
Additional Parcels Descriptionsee exhibit a
Additional Parcels Y/NYes
Building Area Unitssquare feet
Cityst petersburg
Construction Materialsblock
Coolingcentral air
Countypinellas
Directionsfrom 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
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