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2300 5th Street S, 
St Petersburg, FL 33705

$369,000


8

Beds


2

Baths


1,765

Sq Ft


Multi-Family


Virtual Tour

Active

Listed by

Charles Rountree, P.A.

Insta Real Estate Solutions

Last updated:

May 28, 2026, 12:51 PM

MLS#

TB8481489

Source:

MFRMLS

About This Home

2300 5th Street S

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 estimated at: $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!

Home Facts

Multi-Family

2 Baths

8 Bedrooms

Built in 1940

Price Summary

369,000

$209 per Sq. Ft.

MLS #:

TB8481489

Last Updated:

May 28, 2026, 12:51 PM

Added:

2 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

8

Bathrooms

Total Bathrooms:

2

Interior

Living Area:

1,765 Sq. Ft.


Structure

Structure

Building Area:

1,977 Sq. Ft.

Year Built:

1940


Lot

Lot Size (Sq. Ft):

6,935


Finances & Disclosures

Finances

Price:

$369,000

Price per Sq. Ft:

$209 per Sq. Ft.

MLS Logo
The information being provided by Stellar Mls is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Stellar Mls. Insta Real Estate Solutions is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Insta Real Estate Solutions, a broker participant of Stellar Mls. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Stellar Mls and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2026 Stellar Mls. All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.