335 47Th Ave N St Petersburg, FL 33703
13-unit portfolio near downtown St. Petersburg with strong rental performance.
Property Features for 335 47Th Ave N
General Information
- Property type
- Commercial
- Standard status
- Active
Building Details
- Year built
- 1973
Source:
Elliman
Listing Agent: Mary Gillam
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
St. Petersburg Multifamily Investment Opportunity
This multifamily investment opportunity is located in the Parklane Condominiums of St. Petersburg. The portfolio consists of 13 units: eleven 1-bedroom units and two 2-bedroom units, with full occupancy and reliable rental performance. The property is situated just off the 4th Street corridor and minutes from downtown, providing connectivity to I-275, 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. The grounds are fenced and feature mature landscaping, along with community amenities including a pool and gazebo. The property is well-positioned for institutional or private capital seeking an income-producing asset with limited turnover and strong cash-on-cash performance. Projected gross rents surpass $15,000 per month. The property is located in one of Tampa Bay's fastest-growing submarkets.
Location Intelligence
Current Use by Public Records
Ouijiworld Tattoos
Tattoo & Piercing Shop
Location Insight
- Map
- Local Demand
- City
- St Petersburg
- County
- Pinellas
- State
- Florida
- Longitude
- -82.6376491
- Latitude
- 27.8153705
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 13-unit portfolio near downtown St. Petersburg with strong rental performance.
Where is this apartment building located?
The property is located at 335 47Th Ave N St Petersburg, FL.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: - 13-unit multifamily portfolio with full occupancy and reliable rental performance.; - Professionally managed community with HOA coverage including exterior maintenance, roofing, landscaping, pool service, water, sewer, trash, and cable.; - Excellent location near the 4th Street corridor, minutes from downtown St. Petersburg, with easy access to I-275, employment centers, and public transit.
