
Pinellas, ST PETERSBURG
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.
Property Code : TB8425530
Price : $ 1.573.000,00
Area : 555 Sq Ft
Building Area : 555 Sq Ft
Year of Construction : 1973
Property Category : Condominium
Bedroom : 1
Bathroom : 1
Garage : Uninformed
Available on Market : 10/09/2025
Property Status : Residential Active
New Construction : No
Pets Allowed: Yes
Annual Tax: $ 1.254,78
Tax Year: 2024
Air Conditioning: Central Air
Heating: Central
Public Utility Services: Public
Water Source: Public
Laundry: Common Area
Home Appliances: Other
Rental use: No Minimum
HOA: /mo
Floor: Other
Interior: Other
Window:
Other Structures:
Construction Materials: Block
Outside: Lighting, Sidewalk
Pool:
Patio and Porch Features:
Foundation: Slab
Parking:
Ceiling: Shingle
Road Type: Asphalt
Architectural Style:
very international broker partner of DTB must follow the NAR (National Association of Realtors) standards. International broker partners can only refer clients and receive referral fees; sales processes, contracts, and closures will always be handled by a licensed broker in the USA.