2320 5TH ST S, ST PETERSBURG, Florida, 33705

Price: $184.9k | ARV: $260k

ST PETERSBURG | FIXER-UPPER INVESTOR OPPORTUNITY | VALUE-ADD POTENTIAL

2320 5TH ST S, ST PETERSBURG, FL 33705

• 2 BED / 1 BATH
• 848 Sqft
• Wood frame construction
• Year built 1925
• Lot: 5,227 Sqft
• Stories: 1
• Type: Single Family

PROPERTY OVERVIEW

A classic St. Petersburg bungalow with solid upside — ideal for investors seeking a low-entry value-add play. This 2 bed, 1 bath home provides efficient living space and a generous lot, offering excellent options for a flip, rental, or long-term hold. The property is being sold strictly As-Is.

KEY UPDATES & FEATURES

• Roof replaced in 2025 — recent major capital improvement
• Fenced backyard with alley access — convenient parking, boat access, or potential for a pool
• Wood frame construction on a sizable lot with room for expansion or exterior enhancements
• Comfortable footprint for cost-effective renovations and strong rent comparables in the area

WHY THIS DEAL MAKES SENSE

• Attractive ARV relative to the asking price — clear margin for rehab and resale
• Lower immediate capex due to a new roof
• Large lot provides flexibility for added value (outdoor living, pool, or ADU subject to permitting)
• Strong investor demand in St. Petersburg for renovated single-family rentals and flips

IDEAL FOR

• Fix & Flip
• Buy & Hold / Rental Property
• Light to Moderate Rehab / Value-Add Investment

This property presents a clear value-add opportunity in a desirable Florida market. With a recently replaced roof and a large, usable lot, the home is positioned for an efficient renovation and strong post-rehab returns. Schedule a site visit to assess the scope and unlock the upside.

Need more info?
Call or message us now!
We’re available 24/7.
Opportunities don’t wait.

WhatsApp

📞 Call 786 250-6006