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
Status
Active
Days on Market
79
Price Change
▼ $50,000 1781303399
MLS#
TB8505576
Property Style
Single Family
Year Built
1950
Bedrooms
6
Bathrooms
6
Baths Half
1
Living Area
3,857
Lot Size
12,402
Acres
0.28
Total Acreage
1/4 to less than 1/2
Legal Subdivision Name
Barnards Sub D E
MLS Area Major
St Pete/Euclid

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

Taxes
$13396
Minimum Lease
1-2 Years
Location
City Limits, Landscaped, Oversized Lot, Sidewalk, Paved
Community Features
Sidewalks, No Deed Restriction
Property Description
Three+ Story
Interior Layout
Thermostat
Interior Features
Thermostat
Floor
Ceramic Tile, Laminate
Appliances
Dishwasher, Disposal, Microwave, Refrigerator
Utilities
BB/HS Internet Available, Electricity Connected, Sewer Connected, Sprinkler Recycled, Water Connected
Heating
Central
Air Conditioning
Central Air, Mini-Split Unit(s)
Exterior Construction
Block, Frame
Exterior Features
Private Mailbox, Sidewalk
Roof
Shingle
Foundation
Slab
Pool
No Pool
Garage Carport
2 Car Garage
Garage Spaces
2
Garage Features
Driveway, Garage Faces Side, On Street, Open
Elementary School
John M Sexton Elementary-Pn
Middle School
Meadowlawn Middle-Pn
High School
St. Petersburg High-PN
Fences
Wood
Pets
Allowed
Flood Zone Code
X
Parcel ID
07-31-17-02736-002-0010
Legal Description
BARNARD'S SUB, D. E. BLK 2, LOTS 1 AND 2

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

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