Parklane Condo Homes with No Deed Restriction Community Extras

Welcome to Parklane Condo, a hidden gem nestled in the vibrant heart of St. Petersburg, Florida. This charming subdivision offers a unique blend of comfort, convenience, and community, making it an ideal choice for those seeking a serene yet connected lifestyle.

Parklane Condo stands out not only for its beautifully designed residences but also for its enviable location in Pinellas County. Residents enjoy easy access to the stunning Gulf Coast beaches, lush parks, and a plethora of dining and entertainment options that St. Petersburg is famous for. Whether you’re indulging in a leisurely day at the beach, exploring the local art scene, or enjoying a sunset stroll along the waterfront, Parklane Condo places you right in the midst of it all.

One of the standout features of this community is its "No Deed Restriction" policy, which allows homeowners the freedom to personalize their properties without the constraints often found in traditional neighborhoods. This flexibility is perfect for those who value individuality and creativity in their living spaces.

In addition to the spacious condos, residents benefit from a range of community extras that enhance the living experience. With well-maintained common areas, inviting swimming pools, and social spaces, Parklane Condo fosters a sense of camaraderie among neighbors.

Whether you’re a first-time buyer, a retiree, or simply looking for a vibrant community to call home, Parklane Condo offers the perfect blend of comfort and convenience. Discover your new lifestyle in this delightful St. Petersburg enclave today!

Newest Parklane Condo Homes with No Deed Restriction Community Extras

$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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