Parklane Condo Real Estate

Welcome to Parklane Condo, a hidden gem nestled in the heart of St. Petersburg, Florida, within the picturesque Pinellas County. This charming subdivision offers a vibrant blend of coastal living and urban convenience, making it an ideal retreat for those seeking a relaxed yet active lifestyle.

Parklane Condo is strategically located just minutes away from the stunning beaches of the Gulf Coast, where you can soak up the sun, enjoy water sports, or take leisurely strolls along the shore. The subdivision is also close to downtown St. Petersburg, renowned for its eclectic mix of art galleries, boutique shops, and a diverse culinary scene that caters to every palate.

The community features beautifully maintained grounds, providing residents with a serene environment to unwind. Each condo boasts spacious layouts, modern amenities, and private balconies that offer breathtaking views of the lush landscape. Parklane Condo is perfect for both seasonal residents and those looking to make St. Petersburg their permanent home.

For outdoor enthusiasts, the nearby parks and recreational areas offer ample opportunities for biking, hiking, and picnicking. Additionally, the vibrant local community hosts various events throughout the year, fostering a sense of belonging and camaraderie among residents.

Whether you’re seeking a peaceful sanctuary or an active lifestyle, Parklane Condo is the perfect place to call home. Discover the charm of St. Petersburg and experience the best of Florida living at Parklane Condo, where comfort meets convenience in an idyllic setting.

Newest Listings in Parklane Condo

$1,250,000

TB8425350 MLS

Introducing a highly sought-after multifamily investment opportunity located in the Parklane Condominiums of St. Petersburg&mdasha well-performing, professionally managed community with a stable tenant base and strong market fundamentals. This 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 excellent connectivity to I-275, vibrant 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, which significantly reduces operational burden and creates an attractive management-light investment structure. 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 well-positioned for institutional or private capital seeking a scaled, income-producing asset with limited turnover and strong cash-on-cash performance in one of Tampa Bay's fastest-growing submarkets.

335 47th Avenue N, St Petersburg

$1,250,000

1 Beds ⋅ 1 Baths ⋅ TB8425530 MLS ⋅ 335 BLDG.

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. FULLY LEASED. The asset sits within a well-maintained, complex featuring a fenced in 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 monthly. 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.

335 47th Avenue N Unit 244, St Petersburg

$1,250,000

TB8425352 MLS

For the investor seeking immediate income and future upside, this 13-unit income-producing portfolio in the Parklane Condominiums offers an exceptional blend of stability, location, and scale. The mix consists of eleven one-bedroom units and two two-bedroom units, FULLY LEASED, and gross rental potential exceeding $15,000/monthly. The property is situated in a high-demand rental corridor just minutes from downtown St. Petersburg, with direct access to I-275, 4th Street, major employers, and public transportation. Parklane has had consistent demand and minimal vacancy. The portfolio benefits from an investor-friendly HOA structure that covers nearly all exterior operational costs, including maintenance, roof reserves, pool service, water, sewer, trash, cable, and landscaping, providing a passive ownership profile with reduced management complexity. Tenants enjoy a gated, well-maintained community with a shared pool, green space, and common areas that promote long-term retention. Whether you are expanding an existing portfolio or executing a 1031 exchange, this stabilized asset offers immediate income, operational efficiency, and strong fundamentals in a rapidly appreciating urban market.

335 47th Avenue N, St Petersburg

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