2300 5th Street S, Saint Petersburg, FL 33705
Local realty services provided by:Better Homes and Gardens Real Estate Thomas Group
Listed by: charles rountree, p.a.
Office: insta real estate solutions
MLS#:TB8481489
Source:MFRMLS
Price summary
- Price:$399,000
- Price per sq. ft.:$201.82
About this home
Investment Opportunity in Thriving St. Petersburg – Fully Updated Duplex with Strong Cash Flow! Discover this solid duplex located at 2300 5th St S in the desirable Harbordale neighborhood of St. Petersburg, Florida. This thoughtfully updated property offers two spacious units, each featuring 4 bedrooms and 1 bathroom, ideal for room-by-room rentals, student housing, or workforce accommodations in a high-demand rental market. Key Features & Updates: Separately metered for both electric and water – simplified tenant billing and expense tracking. Major systems refreshed: Roof, HVAC, and water heaters all updated within the last 4–6 years for reliable, low-maintenance ownership. Recent cosmetic enhancements including fresh paint, updated tile, and modern fixtures throughout, giving the units a clean, move-in-ready appeal. Proven Income Stream: Currently generating strong rental income with seven bedrooms leased on flexible month-to-month agreements. One bedroom remains vacant and actively marketed – perfect for an owner-occupant to live in one room while collecting rent from the rest, or to increase rents upon leasing. Annual gross rent roll: $64,800. Annual net income: $55,800 (after expenses) – delivering excellent cash flow in one of Florida's hottest markets. Situated on a corner lot, this property provides convenient access to downtown St. Pete's vibrant dining, entertainment, beaches, and major employers. Proximity to schools, shopping, and public transit makes it attractive to a wide range of tenants. Whether you're an investor seeking steady returns or looking to add to your portfolio in Pinellas County's booming real estate scene, this duplex offers immediate income, recent updates, and strong upside potential through rent optimization or future cosmetic improvements. Don't miss this rare opportunity – Schedule your showing today and secure your piece of St. Petersburg's rental market!...
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Home facts
- Year built:1940
- Listing ID #:TB8481489
- Added:55 day(s) ago
- Updated:April 25, 2026 at 01:50 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:2
- Flooring:Tile, Wood
- Kitchen Description:Range, Refrigerator
- Basement Description:Concrete Perimeter
- Living area:1,765 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1940
- Building area:1,765 sq. ft.
- Lot area:0.16 Acres
- Lot Features:Level, Near Public Transit, Paved
- Construction Materials:Frame, Stucco
- Exterior Features:Private Mailbox, Sidewalk
- Foundation Description:Concrete Perimeter
- Levels:2 Story
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$399,000
- Price per sq. ft.:$201.82
- Tax amount:$5,421 (2025)
Features and amenities
- Appliances:Range, Refrigerator
- Laundry features:Electric Dryer Hookup, Washer Hookup
- Amenities:Cable Connected, Thermostat
- Pool features:Public Pool
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