St. Petersburg Multifamily Investment
For Sale
$1,399,000
335 47TH AVENUE N, St Petersburg, FL 33703
13-unit portfolio near downtown St. Petersburg with strong rental performance.
Property Size555 SF
Price / SF$2,520
Days on Market337
Property Features for 335 47TH AVENUE N
General Information
Standard status
Active
Size
555 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$1,255
Amenities
Central air
Pool
Public Pool
Central Air Cooling
Building Details
Year Built
1973
Listing Agency:
LOMBARDO TEAM REAL ESTATE LLC
(813) 321-0437
Listed By:
MARY GILLAM · License #3395757
Source:
Corcoran
Added: Sep 10, 2025
Changed: Aug 8
Last Checked: Aug 8 at 6:14AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LOMBARDO TEAM REAL ESTATE LLC
Investment Insights
Based on property information with market context.
This multifamily investment opportunity is located in the Parklane Condominiums of St. Petersburg. The portfolio consists of thirteen units: eleven 1-bedroom units and two 2-bedroom units. The property is fully occupied with reliable rental performance. Situated just off the 4th Street corridor and minutes from downtown, the property benefits from 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 has projected gross rents surpassing $15,000 per month and consistent historical occupancy. The property is positioned for capital seeking an income-producing asset with limited turnover and cash-on-cash performance in one of Tampa Bay's submarkets.
Key Highlights
- 13‑unit multifamily portfolio featuring a mix of 1‑bedroom and 2‑bedroom units.
- Enjoy full occupancy and reliable rental performance, projecting over $15,000 per month in gross rents.
- HOA covers exterior maintenance, roofing, landscaping, pool service, water, sewer, trash, and cable.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
971
Businesses Nearby
Explore this area
Business Placement
Demographics for 33703, FL
23,948
Population
12,331
Households
1.9
Avg Household Size
45
Median Age
53%
College-Educated
96%
High-School Grad
5.0 sq mi
ZIP Area
4,790
Density / Sq Mi
$96,795
Median Household Income
$56,760
Median Earnings
$1,569
Median Rent
$395,200
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
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 AVENUE N St Petersburg, FL.
What is the asking price?
The asking price for this property is $1,399,000.
What are key features of this property?
This property features: 13‑unit multifamily portfolio featuring a mix of 1‑bedroom and 2‑bedroom units.; Enjoy full occupancy and reliable rental performance, projecting over $15,000 per month in gross rents.; HOA covers exterior maintenance, roofing, landscaping, pool service, water, sewer, trash, and cable.
