Parklane Condo Homes with No Deed Restriction Community Extras

Welcome to Parklane Condo, a hidden gem nestled in the heart of St. Petersburg, Florida, within the vibrant Pinellas County. This charming subdivision offers a unique blend of comfort, convenience, and community spirit, making it an ideal choice for those seeking a relaxed lifestyle in a picturesque setting.

At Parklane Condo, you’ll discover beautifully designed homes that boast an inviting atmosphere, perfect for families, retirees, and everyone in between. The absence of deed restrictions means that homeowners enjoy the freedom to personalize their properties without the constraints often found in other communities. This flexibility allows for a diverse range of architectural styles and landscaping choices, creating a vibrant neighborhood that reflects the individuality of its residents.

The community is adorned with lush greenery and well-maintained common areas, providing a serene backdrop for leisurely strolls or weekend gatherings. Residents can take advantage of the nearby parks, recreational facilities, and local amenities, ensuring that there’s always something to do just a stone’s throw away.

Living in Parklane Condo means you’re just minutes away from the stunning Gulf Coast beaches, where you can bask in the sun or enjoy water sports. The lively downtown St. Petersburg area, known for its eclectic dining scene, art galleries, and cultural events, is also within easy reach.

Whether you’re looking for a peaceful retreat or an active lifestyle, Parklane Condo offers the best of both worlds. Come experience the charm of this delightful community, where the warmth of Florida living meets the comforts of home. Your dream lifestyle awaits!

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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