2220 7th Street S, ST PETERSBURG, FL 33705

Local realty services provided by:Better Homes and Gardens Real Estate Synergy
2220 7th Street S,ST PETERSBURG, FL 33705
$359,900
Virtual Tour
  • 2 Beds
  • 2 Baths
  • 1,107 sq. ft.
  • Multi-family
  • Active
Listed by:nilka castro
Office:lpt realty, llc.
MLS#:TB8425755
Source:MFRMLS

Price summary

  • Price:$359,900
  • Price per sq. ft.:$325.11

About this home

Investment Opportunity – St. Petersburg Duplex This duplex offers a 15percent gross rent return (11percent net). Currently generating $3,000 monthly ($36,000 annually) with both units rented at $1,500 each, and estimated expenses of $650/month ($7,800 annually). This results in a solid Net Operating Income (NOI) of $28,200 annually. With an estimated Cap Rate between 8–9percent, this property presents an excellent investment opportunity in the growing St. Petersburg market. Both units have been fully remodeled, making them move-in ready or ideal for immediate rental. Contact me today to schedule a private showing and secure this investment opportunity.

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Home facts

  • Year built:1947
  • Listing ID #:TB8425755
  • Added:6 day(s) ago
  • Updated:September 17, 2025 at 12:30 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:2
  • Living area:1,107 sq. ft.

Heating and cooling

  • Cooling:Wall/Window Unit(s)
  • Heating:Baseboard

Structure and exterior

  • Roof:Shingle
  • Year built:1947
  • Building area:1,107 sq. ft.
  • Lot area:0.14 Acres

Utilities

  • Water:Public
  • Sewer:Public, Public Sewer

Finances and disclosures

  • Price:$359,900
  • Price per sq. ft.:$325.11
  • Tax amount:$3,289 (2024)
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