Parklane Condo Homes with No Deed Restriction Community Extras

Welcome to Parklane Condo, a charming subdivision located in the heart of St. Petersburg, Pinellas County, Florida. This community offers a unique blend of convenience, comfort, and style, making it an ideal place to call home.

Parklane Condo is a hidden gem in St. Petersburg, featuring beautiful homes with no deed restrictions. This means you have the freedom to personalize your property to your liking, making it truly your own. Whether you're looking to add a personal touch to your landscaping or create the perfect outdoor oasis, the possibilities are endless in this community.

In addition to the homes with no deed restrictions, Parklane Condo offers a range of community extras for residents to enjoy. From well-maintained common areas to recreational facilities, there's something for everyone in this vibrant neighborhood. Whether you prefer relaxing by the pool, taking a stroll through the lush green spaces, or socializing with neighbors at community events, you'll find plenty of opportunities to connect and unwind right outside your doorstep.

With its convenient location in St. Petersburg, Parklane Condo provides easy access to a variety of amenities, including shopping, dining, entertainment, and outdoor activities. Whether you're looking for a peaceful retreat or a vibrant community to call home, Parklane Condo has something for everyone. Come and experience the best of Florida living in this wonderful subdivision.

Newest Parklane Condo Homes with No Deed Restriction Community Extras

$1,250,000

Parklane Condo SubDv. ⋅ 33703 Zip Code ⋅ TB8425350 MLS ⋅ Active Status

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 ⋅ TB8425530 MLS ⋅ Active Status ⋅ 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

Parklane Condo SubDv. ⋅ 33703 Zip Code ⋅ TB8425352 MLS ⋅ Active Status

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

Start Your Search

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2026 San Diego MLS®,