BEDS8
BATHS
SQUARE FEET1,765
MLS#TB8481489
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONHARBORDALE
Property 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 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!
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central, Electric
Lot Size: 0.16 Acres
Roof Type: Shingle
Stories: 2.0
Taxes: $5,421
Year Built: 1940
Amenities
Other
Thermostat
Other
Private Mailbox
Sidewalk
Feature Descriptions
Annual Net Income: 55800.00
Appliances: Range, Refrigerator
Days on Site: 48
Directions: Take I-275 South toward St. Petersburg.Use the right lanes to take Exit 23A for I-375 East / Downtown St. Petersburg (this is the split just south of the downtown area; do NOT take Exit 23B for 5th Ave N).Merge onto I-375 East (toward Tropicana Field / do
Exterior: Stucco, Frame
Flood Zone Code: AE
Flooring: Tile, Wood
Foundation: Concrete Perimeter
Home Warranty Y/N: No
Lease Terms: 6-12 Month
Listing Terms: Cash, Conventional
Lot: City Limits, Level, Near Public Transit, Paved
Lot Dimensions: 0.16
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Public Sewer
Showing Instructions: See Remarks
Special Sale Provisions: None
Units: 2
Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Water: Public
Water Access Y/N: No
Listed By / Shown By
Listed By
Agency Name: INSTA REAL ESTATE SOLUTIONS
Agency Contact: 813-586-0654
Shown By
Agency Title: RealtyMark
Agency Phone: 888-240-0600
Estimate Your Payment
Estimated Payment
$ 1,531.64 per month $954.77 Principal & Interest $451.75 Property Tax $125.13 Homeowner's InsuranceChange Payment Information
2300 5th Street S | MLS# TB8481489
This multi-family property located at 2300 5th Street S, Saint Petersburg, FL 33705 is currently listed for sale with an asking price of $429,000. Search Saint Petersburg real estate on www.realtymarkllc.com today.