Parklane Condo Homes with Block Exterior Construction

Welcome to Parklane Condo, a hidden gem nestled in the vibrant city of St. Petersburg, Florida. Known for its stunning waterfront views and a lively arts scene, St. Petersburg offers an unparalleled lifestyle that blends relaxation with excitement, making it the perfect backdrop for your new home.

Parklane Condo features an array of stylish residences, each designed with comfort and durability in mind. The homes boast sturdy block exterior construction, ensuring longevity and low maintenance, so you can spend more time enjoying all that this beautiful area has to offer. With spacious layouts and modern finishes, these condos provide the ideal setting for both entertaining guests and enjoying quiet evenings at home.

Living in Parklane Condo means immersing yourself in the rich culture and recreational opportunities that St. Petersburg has to offer. From the stunning beaches of the Gulf Coast to the lush parks and vibrant downtown area filled with shops, restaurants, and galleries, there’s always something to explore. Residents can easily take a stroll along the picturesque waterfront or enjoy a leisurely bike ride through the scenic neighborhoods.

Moreover, the community is conveniently located near major highways, making commuting a breeze whether you’re headed to work or planning a weekend getaway. With a mix of contemporary living and a friendly neighborhood atmosphere, Parklane Condo is not just a place to live; it’s a lifestyle choice that embodies the best of Florida living. Come discover your new home in Parklane Condo, where comfort meets convenience in the heart of St. Petersburg!

Newest Parklane Condo Homes with Block Exterior Construction

$1,250,000

Parklane Condo SubDv. ⋅ 33703 Zip Code

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 ⋅ Parklane Condo SubDv. ⋅ 33703 Zip Code

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

Parklane Condo SubDv. ⋅ 33703 Zip Code

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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