3030 5th Street N, St Petersburg, FL 33704

$1,545,000
6
BD
6
BA
3,857
SqFt

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List Price
$1,545,000
Price Change
▼ $50,000 1781303399
Days on Market
85
MLS#
TB8505576
Bedrooms
6
Full Bathrooms
5
Half Bathrooms
1
Sq. Ft
3,857
Lot Size
12,402
Subtype
Single Family
County
Pinellas
Community
Sidewalks, No Deed Restriction
Subdivision
Barnards Sub D E
Year Built
1950

Property Description

Looking to add to your portfolio? Live in one unit while generating substantial income from the others, create a multi-generational living arrangement, co-own with family or friends, or fully lease the property and capitalize on strong demand in one of St Pete's most desirable rental markets. Estimated gross rental income of $10,000 per month when fully leased. Located in the highly sought-after 5 Points neighborhood of St. Petersburg, this exceptional four-unit multi-family property offers a rare investment opportunity just steps from The Fresh Market and The Body Electric Yoga Company. The property features a versatile mix of updated units with strong income potential, off-street parking, private outdoor spaces, and major capital improvements already completed. Unit 1 is a renovated 2-bedroom, 1-bath single-family-style residence featuring a large fully fenced side yard, off-street parking pad, updated kitchen and bath, living and dining rooms, stainless steel appliances, quartz countertops, tile flooring, new AC, and fresh interior/exterior paint. Separately metered with shared laundry and option to add in-unit laundry. Unit 2 is a spacious two-story townhouse-style unit offering 2 bedrooms, 2.5 baths, plus a large bonus room that could function as a third bedroom. Features include updated kitchen and baths, indoor laundry, additional garage laundry hookup, attached 2-car garage with private side street entrance, oversized driveway, storage shed, and large fenced yard. Finished with stainless steel appliances, quartz countertops, vinyl flooring, new AC, and fresh interior/exterior paint. Separately metered. Unit 3 is a 1-bedroom efficiency/studio unit with dedicated living space, tile flooring throughout, one off-street parking space, and shared patio area. Kitchen and bath are functional with opportunity for future updates. Wall unit AC. Ideal setup for traveling nurse, short-term rental, or supplemental income opportunity. Includes access to on-site coin-operated laundry. Electric is shared with Unit 2. Unit 4, known as the “Treehouse,” is a charming 1-bedroom, 1-bath upstairs unit with private living space and stair access. Features include updated kitchen and bath, stainless steel appliances, quartz countertops, refinished hardwood flooring, tile in wet areas, two new mini-split AC systems, and two dedicated off-street parking spaces. Separately metered with access to on-site coin-operated laundry. Additional improvements include a brand-new roof, new AC systems, new fencing, fresh interior and exterior paint throughout, brand-new sod, and irrigation system. Tenant-paid utilities help minimize owner expenses. A turnkey opportunity in one of St. Pete’s most desirable neighborhoods with excellent flexibility for long-term, short-term, or owner-occupant investment strategies.

Additional Information

City
St Petersburg
Region
St Pete/Euclid
Zip
33704
Mo Subdivision
Allendale Park - Five Points
Neighborhood
Allendale Park - Five Points
Subdivision
Barnards Sub D E
Area
3857
Community Extras
Sidewalks, No Deed Restriction
Garage Spaces
2
Property Description
Three+ Story
Exterior Construction
Block, Frame
Elementary School
John M Sexton Elementary-Pn
Middle School
Meadowlawn Middle-Pn
High School
St. Petersburg High-PN
Located Near
City Limits, Landscaped, Oversized Lot, Sidewalk, Paved
Pool Type
No Pool
Pets Allowed
Yes
Property Style
Single Family
Total Acreage
1/4 to less than 1/2
Special Sale Provision
None
Garage Description
2 Car Garage
Additional Rooms
Inside Utility
Minimum Lease
1-2 Years
Interior Features
Thermostat
Interior Layout
Thermostat
Community Features
Sidewalks
Flood Zone
X
Financing Available
Cash, Conventional
Heated Square Feet
3857
Acres
0.28
Stories
2
Exterior Features
Private Mailbox, Sidewalk
Fence Description
Wood
Parking Description
Driveway, Garage Faces Side, On Street, Open
Floor Covering
Ceramic Tile, Laminate
Pp Sqft
400.57
Levels
Three Or More
Occupant Type
Vacant
Subtype
Single Family
Roof
Shingle
Property Subtype
Residential
Sewer
Public Sewer
Water Source
Public
Furnished
Unfurnished

Listing courtesy of COMPASS FLORIDA LLC. 727-380-2067

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