$469,000
2300 5th Street S Saint Petersburg, FL 33705
For Sale MLS# TB8481489
8 beds 2 baths 1,765 sq ft Multi-family
Details for 2300 5th Street S
MLS# TB8481489
Description for 2300 5th Street S, Saint Petersburg, FL, 33705
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 Information
Property Type: Residential, Duplex
Status: Active
Bedrooms: 8
Bathrooms: 2
Lot Size: 0.16 Acres
Square Feet: 1,765 sq ft
Year Built: 1940
Stories: 2 Story
Construction: Stucco,Wood Frame
Construction Display: New Construction
Subdivision: Harbordale Sub
Foundation: Concrete Perimeter
Number Of Units Total: 2
County: Pinellas
Construction Status: New Construction
Additonal Room Information
Laundry: Washer Hookup, Electric Dryer Hookup
Interior Features
Appliances: Range, Refrigerator
Flooring: Tile,Wood
Additional Interior Features: Other
Utilities
Water: Public
Sewer: Public Sewer
Other Utilities: Cable Connected,Electricity Connected,Sewer Connected,Water Connected
Cooling: Central Air
Heating: Central, Electric
Exterior / Lot Features
Roof: Shingle
Additional Exterior/Lot Features: Other, Flat, Level, Near Public Transit, City Lot
Community Features
Community Features: Sidewalks
Unit Information
Unit 1 Units Total: 2
Unit 1 Actual Rent: 6400
Unit 1 Baths Total: 1
Unit 1 Beds Total: 4
Driving 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).
Financial Considerations
Terms: Cash,Conventional
Gross Income: 64800
Tax/Property ID: 31-31-17-36684-000-0350
Tax Amount: 5421
Tax Year: 2025
A broker reciprocity listing courtesy: INSTA REAL ESTATE SOLUTIONS
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 2300 5th Street S
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 2300 5th Street S
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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