Parklane Condo Homes with False Waterfront Description

**Welcome to Parklane Condo: Your Slice of Paradise in St. Petersburg, FL**

Nestled in the heart of sunny St. Petersburg, Florida, Parklane Condo offers a unique blend of comfort, community, and coastal charm. This delightful subdivision is not just a place to live; it's a lifestyle. With its prime location in Pinellas County, residents enjoy the best of both worlds—easy access to the vibrant city life and the serene beauty of Florida’s stunning waterfront.

Parklane Condo features a variety of thoughtfully designed homes, each showcasing spacious layouts and modern amenities. Whether you’re a first-time homebuyer, a retiree looking to downsize, or an investor seeking a lucrative opportunity, this community caters to diverse needs. The homes here boast a false waterfront description, providing residents with picturesque views and a sense of tranquility without the high waterfront prices. Imagine waking up to the sun glistening off the water, enjoying your morning coffee on a balcony that feels like a retreat.

Beyond the beautiful homes, Parklane Condo is surrounded by lush landscaping and well-maintained common areas, perfect for leisurely strolls or social gatherings with neighbors. The community is conveniently located near shopping, dining, and entertainment options, ensuring you’ll never be far from the action.

With its welcoming atmosphere and idyllic setting, Parklane Condo invites you to experience the best of St. Petersburg living. Come explore this charming community and discover why so many residents proudly call Parklane Condo their home. Your dream lifestyle awaits!

Newest Parklane Condo Homes with False Waterfront Description

$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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