St. Petersburg Multifamily Investment
For Sale
$1,299,000
335 47TH AVENUE N, St Petersburg, FL 33703
13-unit portfolio in a professionally managed community, full occupancy.
Property SizeContact for details
Days on Market331
Property Features for 335 47TH AVENUE N
General Information
Standard status
Active
Building Details
Year Built
1973
Listing Agency:
LOMBARDO TEAM REAL ESTATE LLC
(703) 283-0625
Listed By:
Mary Gillam · License #3395757
(703) 283-0625
Source:
Search.showcaseidx
Added: Sep 10, 2025
Changed: Jul 10
Last Checked: Jul 29 at 3:27AM
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 13-unit portfolio consists of eleven 1-bedroom units and two 2-bedroom units, with full occupancy and 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 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 monthly and consistent historical occupancy, this portfolio is positioned for capital seeking an income-producing asset with limited turnover and strong cash-on-cash performance in one of Tampa Bay's submarkets.
Key Highlights
- 13‑unit multifamily portfolio with full occupancy and reliable rental performance.
- Professionally managed community with a stable tenant base and strong market fundamentals.
- Prime location near the 4th Street corridor, minutes from downtown St. Petersburg, with excellent connectivity to I‑275.
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - 13-unit portfolio in a professionally managed community, full occupancy.
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 $1,299,000.
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 a stable tenant base and strong market fundamentals.; Prime location near the 4th Street corridor, minutes from downtown St. Petersburg, with excellent connectivity to I‑275.
