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Stacy Dillard

stacy@dillardrealtygroup.com +1(813) 298-7696

$ 429,000

Est. payment | -/mo

8 Beds

2 Baths

1,765 SqFt

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$ 429,000

Est. payment | -/mo

Save Virtual Tour

8 Beds

2 Baths

1,765 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,765 sqft

Price per Sqft $243

Subdivision Harbordale Sub

MLS Listing ID TB8481489

Bedrooms 8

Construction Status Completed

HOA Y/N No

Year Built 1940

Annual Tax Amount $5,421

Lot Size 6,969 Sqft

Acres 0.16

Property Sub-Type Duplex

Source Stellar MLS

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!

Location

State FL

County Pinellas

Community Harbordale Sub

Area 33705 - St Pete

Direction S

Interior

Interior Features Other, Thermostat

Heating Central, Electric

Cooling Central Air

Flooring Tile, Wood

Furnishings Unfurnished

Fireplace false

Appliance Range, Refrigerator

Laundry Electric Dryer Hookup, Washer Hookup

Exterior

Exterior Feature Other, Private Mailbox, Sidewalk

Utilities Available Cable Connected, Electricity Connected, Sewer Connected, Water Connected

Roof Type Shingle

Garage false

Private Pool No

Building

Lot Description City Limits, Level, Near Public Transit, Paved

Entry Level Two

Foundation Concrete Perimeter

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Stucco,Frame

New Construction false

Construction Status Completed

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8481489

Listed by Charles Rountree, P.A. INSTA REAL ESTATE SOLUTIONS

NEARBY SCHOOLS & PROPERTIES

"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(813) 298-7696

stacy@dillardrealtygroup.com

Tampa Bay Area, Florida

2300 5TH ST S St Petersburg, FL 33705

Stacy Dillard

Key Details

Location

Interior

Exterior

Building

Others

NEARBY SCHOOLS & PROPERTIES

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2300 5TH ST S