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335 47Th Ave N St Petersburg, FL 33703

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For Sale
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13-unit portfolio near downtown St. Petersburg with strong rental performance.

Property size:
555 SF

Property Features for 335 47Th Ave N

General Information

Standard status
Active
Size
555 SF

Building Details

Year built
1973

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Listing Contact
Mary Gillam
Source: Corcoran

Listing Agency: LOMBARDO TEAM REAL ESTATE LLC Listing Agent: Mary Gillam

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

St. Petersburg Multifamily Investment Opportunity

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.
Location Intelligence

Current Use by Public Records

Ouijiworld Tattoos Tattoo & Piercing Shop

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
St Petersburg
County
Pinellas
State
Florida
Longitude
-82.6376491
Latitude
27.8153705

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 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.
More about this property
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