2300 5th Street S, St Petersburg, FL 33705

$369,000
8
BD
2
BA
1,765
SqFt

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List Price
$369,000
Status
Pending
Days on Market
124
Price Change
▼ $30,000 1779904326
MLS#
TB8481489
Property Style
Duplex
Property Condition
Completed
Year Built
1940
Bedrooms
8
Bathrooms
2
Living Area
1,765
Lot Size
6,935
Acres
0.16
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Harbordale Sub
MLS Area Major
St Pete

Property Description

Under contract-accepting backup offers. Fully Updated Duplex with Strong Cash Flow! ANNUAL GROSS RENT ROLL CURRENTLY: $70,800. This well-maintained duplex features two spacious 4-bedroom / 1-bathroom units offering solid rental demand in a high-occupancy St. Petersburg location. Units are separately metered for electric and water, providing clean expense tracking and operational flexibility for an investor. Major systems have been refreshed for reliable, low-maintenance ownership with the roof, HVAC, and water heaters all updated within the last 4–6 years. Recent cosmetic work includes fresh paint, updated tile, and modern fixtures throughout, delivering clean, move-in-ready appeal. Both units are currently generating strong rental income under flexible month-to-month agreements for a combined annual gross rent roll of $70,800. Situated on a corner lot, the property offers convenient access to downtown St. Pete’s dining, entertainment, beaches, and major employment centers, with proximity to schools, shopping, and public transit supporting broad tenant appeal. Whether you are seeking immediate cash flow, portfolio expansion in Pinellas County, or a property with clear upside through rent optimization and light future improvements, this duplex delivers current income, recent capital updates, and solid fundamentals. Schedule your showing today and secure this income-producing asset in St. Petersburg’s active rental market.

Additional Information

Taxes Annual
$5421
Minimum Lease
No Minimum
Annual Gross Income
70800
Location
City Limits, Level, Near Public Transit, Paved
Community Features
No Deed Restriction
Property Description
Two Story
Interior Layout
Other, Thermostat
Interior Features
Other, Thermostat
Floor
Tile, Wood
Appliances
Range, Refrigerator
Utilities
Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Heating
Central, Electric
Air Conditioning
Central Air
Exterior Construction
Stucco, Frame
Exterior Features
Other, Private Mailbox, Sidewalk
Roof
Shingle
Foundation
Concrete Perimeter
Pool
No Pool
Flood Zone Code
AE
Parcel ID
31-31-17-36684-000-0350
Legal Description
HARBORDALE SUB LOT 35

Listing courtesy of INSTA REAL ESTATE SOLUTIONS. 813-586-0654

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