2300 5th Street S, ST PETERSBURG, FL 33705
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  • MLS#: TB8481489 ( Residential Income )
  • Street Address: 2300 5th Street S
  • Viewed: 1
  • Price: $469,000
  • Price sqft: $237
  • Waterfront: No
  • Year Built: 1940
  • Bldg sqft: 1977
  • Bedrooms: 8
  • Total Baths: 2
  • Days On Market: 16
  • Additional Information
  • Geolocation: 27.7474 / -82.6392
  • County: PINELLAS
  • City: ST PETERSBURG
  • Zipcode: 33705
  • Subdivision: Harbordale Sub
  • Provided by: INSTA REAL ESTATE SOLUTIONS
  • Contact: Charles Rountree, P.A.
  • 813-586-0654
  • mfrmls
  • DMCA Notice
  • Description
    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 46 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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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Other, Private Mailbox, Sidewalk
  • Flooring: Tile, Wood
  • Living Area: 1765.00
  • Roof: Shingle
Property Information
  • Property Condition: Completed
Land Information
  • Lot Features: City Limits, Level, Near Public Transit, Paved
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2025
Other Features
  • Appliances: Range, Refrigerator
  • Country: US
  • Furnished: Unfurnished
  • Interior Features: Other, Thermostat
  • Legal Description: HARBORDALE SUB LOT 35
  • Levels: Two
  • Area Major: 33705 - St Pete
  • Occupant Type: Tenant
  • Parcel Number: 31-31-17-36684-000-0350
  • Possession: Close Of Escrow
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Headshot for Associate Dawn Morgan
  1. Dawn Morgan, AHWD,Broker,CIPS
  2. Residential Movement Real Estate Group
  3. 352.454.2363
  4. Mobile: 352.454.2363
  5. dawnsellsocala@gmail.com