2300 5TH STREET S ST PETERSBURG FL 33705 MLS #TB8481489

Fully Updated Duplex with Strong Cash Flow! ANNUAL GROSS RENT ROLL CURRENTLY: $70,800! This updated property offers two spacious units, each featuring 4 bedrooms and 1 bathroom, ideal for room-by-room rentals in a high-demand rental market. Separately metered for both electric and water. 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 eight bedrooms leased on flexible month-to-month agreements. ANNUAL GROSS RENT ROLL CURRENTLY: $70,800! 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!