3030 5th Street N, Saint Petersburg, FL 33704
Local realty services provided by:Better Homes and Gardens Real Estate Thomas Group
Listed by: jerilyn rush, bekah rush
Office: compass florida llc.
MLS#:TB8505268
Source:MFRMLS
Price summary
- Price:$1,545,000
- Price per sq. ft.:$400.57
About this home
Looking to add to your portfolio?!? Live in one unit while generating substantial income from the others, create a multi-generational living arrangement, co-own with family or friends, or fully lease the property and capitalize on strong demand in one of St Pete's most desirable rental markets. Estimated gross rental income of $10,000 per month when fully leased.
in the highly sought-after Allendale neighborhood of St. Petersburg, this exceptional four-unit multi-family property offers a rare investment opportunity just steps from The Fresh Market and The Body Electric Yoga Company. The property features a versatile mix of updated units with strong income potential, off-street parking, private outdoor spaces, and major capital improvements already completed.
Unit 1 is a renovated 2-bedroom, 1-bath single-family-style residence featuring a large fully fenced side yard, off-street parking pad, updated kitchen and bath, living and dining rooms, stainless steel appliances, quartz countertops, tile flooring, new AC, and fresh interior/exterior paint. Separately metered with shared laundry and option to add in-unit laundry.
Unit 2 is a spacious two-story townhouse-style unit offering 2 bedrooms, 2.5 baths, plus a large bonus room that could function as a third bedroom. Features include updated kitchen and baths, indoor laundry, additional garage laundry hookup, attached 2-car garage with private side street entrance, oversized driveway, storage shed, and large fenced yard. Finished with stainless steel appliances, quartz countertops, vinyl flooring, new AC, and fresh interior/exterior paint. Separately metered.
Unit 3 is a 1-bedroom efficiency/studio unit with dedicated living space, tile flooring throughout, one off-street parking space, and shared patio area. Kitchen and bath are functional with opportunity for future updates. Wall unit AC. Ideal setup for traveling nurse, short-term rental, or supplemental income opportunity. Includes access to on-site coin-operated laundry. Electric is shared with Unit 2.
Unit 4, known as the “Treehouse,” is a charming 1-bedroom, 1-bath upstairs unit with private living space and stair access. Features include updated kitchen and bath, stainless steel appliances, quartz countertops, refinished hardwood flooring, tile in wet areas, two new mini-split AC systems, and two dedicated off-street parking spaces. Separately metered with access to on-site coin-operated laundry.
Additional improvements include a brand-new roof, new AC systems, new fencing, fresh interior and exterior paint throughout, brand-new sod, and irrigation system. Tenant-paid utilities help minimize owner expenses.
A turnkey opportunity in one of St. Pete’s most desirable neighborhoods with excellent flexibility for long-term, short-term, or owner-occupant investment strategies....
Contact an agent
Home facts
- Year built:1950
- Listing ID #:TB8505268
- Added:51 day(s) ago
- Updated:June 29, 2026 at 02:07 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:6
- Flooring:Ceramic Tile, Laminate
- Kitchen Description:Dishwasher, Microwave, Range, Refrigerator
- Living area:3,857 sq. ft.
Heating and cooling
- Cooling:Central Air, Mini-Split Unit(s)
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1950
- Building area:3,857 sq. ft.
- Lot area:0.28 Acres
- Lot Features:Corner Lot, Sidewalk
- Construction Materials:Block, Frame, Wood Siding
- Exterior Features:Patio, Sidewalk
- Foundation Description:Slab
- Levels:1 Story
Schools
- High school:St. Petersburg High-PN
- Middle school:Meadowlawn Middle-PN
- Elementary school:John M Sexton Elementary-PN
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$1,545,000
- Price per sq. ft.:$400.57
- Tax amount:$13,396 (2025)
Features and amenities
- Appliances:Dishwasher, Electric Water Heater, Irrigation Equipment, Microwave, Range, Refrigerator
- Laundry features:In Common Area, Laundry Room
- Amenities:BB/HS Internet Available, Ceiling Fans(s), Irrigation Equipment, Thermostat
- Pool features:Public Pool
Parking
- Parking description:Attached Garage, Common, Driveway, Garage Door Opener, Garage Faces Side, Off Street, On Street, Open
- Garage:Yes
- Garage spaces:2
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