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  • Key Facts
  • Description
  • Rooms
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Key Facts

Type Condominium
Levels Residential
Size 555 sqft
Garage No
HOA Fees 
Taxes $1,255
Days Active 0
Approx. Age 1973
Avg. Price Per Sqft $2,834
MLS® Number TB8425530

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

A rare opportunity to acquire a 13-unit stabilized portfolio in the Parklane Condominiums community, centrally located in the heart of St. Petersburg. This offering includes eleven one-bedroom, one-bath units and two two-bedroom, one-bath units, with only two currently vacant. The asset sits within a well-maintained, fenced complex featuring a community pool, lush courtyards, grilling area, and shared laundry facilities. The Parklane community provides a quiet residential setting, while remaining just minutes from the downtown core, 4th Street corridor, and major interstates, offering exceptional accessibility and strong tenant demand. Each unit is individually metered, with HOA fees covering exterior maintenance, water, sewer, trash, basic cable, lawn care, and roof reserves—making this an extremely low-maintenance portfolio for residential investors. With in-place rents and minimal vacancy, the portfolio generates strong monthly cash flow with the potential to exceed $15, 000 per month. This is an ideal acquisition for any residential buyer seeking predictable income, long-term upside, and a low-barrier entry into the St. Pete multifamily market.Show Description
MLS® NumberTB8425530
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelCommon Area
Exposure
ExteriorLighting, Sidewalk
GarageNo
Approx. Age1973
Stories1
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatCentral
A/CCentral Air
Heating Fuel

Extras

Rooms

Show Details
Living Room:FirstNot available
Other:FirstNot available
Kitchen:FirstNot available
Bathroom 1:FirstNot available

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