2300 5TH STREET S, St Petersburg, FL 33705

• 8 beds |
• 2 baths |
• 1,765 sqft

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!

Listing Status:

Active

Date Added:

February 28, 2026

Data Last Updated:

March 11, 2026 at 7:24AM

Listing Office:

INSTA REAL ESTATE SOLUTIONS : 813-586-0654

Listing Agent:

Charles Rountree, P.A. : 813-586-0654

MLS ID:

TB8481489

Interior

• General: OtherThermostat
• Appliances: RangeRefrigerator
• Laundry: Electric Dryer HookupWasher Hookup
• Flooring: TileWood
• A/C: Central Air
• Heating: CentralElectric

Exterior

• General: OtherPrivate MailboxSidewalk

Construction

• Roofing: Shingle
• General: StuccoFrameTwoConcrete Perimeter

Location

• Road/Access: Paved
• Originating MLS: Stellar MLS
• County: Pinellas

Lot

• Zoning: HARBORDALE SUB LOT 3531-31-17-36684-000-0350

Utilities

• Utilities: Cable ConnectedElectricity ConnectedSewer ConnectedWater Connected
• Water: Public
• Sewer: Public Sewer

Financial

• Source: Stellar MLS
• Ownership: Fee Simple