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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.
Property Details
Price: $1,485,000
Sq Ft: 3,857
($385 per
sqft)
Bedrooms: 6
Bathrooms: 5
Partial Baths: 1
City: St Petersburg
County: Pinellas
Type: Single Family
Development: Barnards Sub D E
Acres: 0.2800
Virtual Tour/Floorplan:
View
Year Built: 1950
Listing Number: TB8505576
Status Code: A-Active
Taxes: $13,396.21
Tax Year: 2025
Garage:
2
/
Y
Furnishings: Unfurnished
Pets Allowed: Yes
Interior Features:
Thermostat
Financial Information:
Taxes: $13,396.21
Tax Year: 2025
Exterior Features:
Private Mailbox
Sidewalk
Equipment:
Dishwasher
Disposal
Microwave
Refrigerator
School Information:
Elementary School: John M Sexton Elementary-Pn
Middle School: Meadowlawn Middle-Pn
Junior High: Meadowlawn Middle-Pn
High School: St. Petersburg High-Pn
Additional Information:
MLS Area: 33704 - St Pete/Euclid
Total Square Footage: 4,337
Price per Square Feet: $385.01
Total Floors: 2
Water: Public
Construction: Block, Frame
Date Listed: 2026-05-09 00:00:00
Furnished: Unfurnished
Windows: Blinds
Parking: Driveway, Garage Faces Side, On Street, Open
Garage Description: Y
Garage Spaces: 2
Attached Garage: Y
Flooring: Ceramic Tile, Laminate
Roof: Shingle
Heating: Central
Cooling: Central Air, Mini-Split Unit(S)
Security: Smoke Detector(S)
Laundry: Common Area, Inside
Pets: Yes
Sewer: Public Sewer
Lot Desc.: City Limits, Landscaped, Oversized Lot, Sidewalk, Paved
Parcel ID: 07-31-17-02736-
Map of 3030 5Th Street, St Petersburg, FL 33704
Listing Courtesy Of: Compass Florida Llc
jerilyn.rush@compass.com