2300 5TH STREET S
St Petersburg, FL, 33705
$
469,000
Bedrooms8
Baths2.0
Sq
1,765
Monthly Estimate*
$
2,888
for $469,000 with 8 bedrooms and 2 full baths. This 1,765 square foot home was built in 1940 on a lot size of 0.16.
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!
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Features
General
Sewer
Public Sewer
Heating
Central
Electric
Cooling
Central Air
Utilities
Cable Connected
Electricity Connected
Sewer Connected
Water Connected
Possession
Close Of Escrow
Roof
Shingle
Appliances
Range
Refrigerator
Construction Materials
Stucco
Wood Frame
Year Built
1940
Levels
Two
Property Subtype
Duplex
Tax Year
2025
Ownership
Fee Simple
Gross Income
64800
County
Pinellas
New Construction
false
Property Type
Residential Income
Subdivision Name
HARBORDALE SUB
Garage Y/N
false
Status
Active
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 / downtown).
Continue on I-375 E for about 1 mile
then take the exit toward 6th Street South (or follow signs for southbound streets like 4th/5th/6th St S).
At the end of the ramp
turn right (south) onto 6th Street South.
Proceed south on 6th St S for about 0.5–0.7 miles (through a few lights).
Turn left (east) onto 5th Avenue South (you'll pass areas near Tropicana Field / Dali Museum vicinity).
Continue east on 5th Ave S for about 1–1.5 miles (crossing major streets like 4th St S / MLK Jr St).
Turn right (south) onto 5th Street South (also signed as 5th St S).
Proceed south on 5th St S for about 0.8–1 mile (through Harbordale residential area).
Arrive at 2300 5th St S on your right (corner lot in Harbordale; look for the duplex).
City
ST PETERSBURG
Senior Community Y/N
false
Number Of Units Total
2
MLS Area
33705 - St Pete
Lot Size Units
Square Feet
Lot Size Square Feet
6935
Carport Y/N
false
Listing Terms
Cash
Conventional
Land Lease Y/N
false
Tax Annual Amount
5421
Property Condition
Completed
Ok to Lease
>6 Months <12
Additional Parcels Y/N
false
Lease Considered Y/N
true
Building Area Units
Square Feet
Living Area Units
Square Feet
Standard Status
Active
Occupancy Type
Tenant
Tax Lot
35
Total Actual Rent
5400
Legal Description
HARBORDALE SUB LOT 35
Minimum Lease
No Minimum
Water Access Y/N
false
Water View Y/N
false
Flood Zone Code
AE
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Interior
Interior Amenities
Other
Thermostat
Flooring
Tile
Hardwood
Furnished Y/N
Unfurnished
Air Conditioning Y/N
true
Heating Y/N
true
Fireplace Y/N
false
Laundry Features
Electric Dryer Hookup
Washer Hookup
Total Bedrooms
8
Total Baths
2
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Exterior
Exterior Amenities
Other
Private Mailbox
Sidewalk
Lot Features
City Lot
Level
Near Public Transit
Water Source
Public
Lot Size Area
6935
Foundation Details
Concrete Perimeter
Number of Buildings
1
Building Area Total
1977
Lot Size Acres
0.16
Road Surface Type
Paved
Private Pool
false
Waterfront Y/N
false
Road Frontage Type
Street Paved
Road Responsibility
Public Maintained Road
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* Excluded Features
List By
Insta Real Estate Solutions
Broker
info@InstaRealEstateSolutions.com
Email
Affordability Calculator
- Monthly Principal & Interest
- $2,888
- Monthly Property Taxes
- $452
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save
Nearby
Multi-family listings in St Petersburg, FL
Average List Price
$840,561
Percent of Sale Price
79%
About St Petersburg, FL
253,147
Population
1%
Since 2002
$
47,638
Median Income
42.91
Median Age
21%
Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338
Elementary School
4827337
Middle School
Unknown High School
High School
Pricing History
| Date |
Price |
Price Change |
Description |
|
2/28/2026
|
$469,000
|
|
Listed Price
|