2220 7th Street S, Saint Petersburg, FL 33705

Local realty services provided by:Better Homes and Gardens Real Estate Synergy
2220 7th Street S,St Petersburg, FL 33705
$339,900
Virtual Tour
  • 2 Beds
  • 2 Baths
  • 1,107 sq. ft.
  • Multi-family
  • Pending
Listed by: nilka castro
Office: lpt realty, llc.
MLS#:TB8425755
Source:MFRMLS

Price summary

  • Price:$339,900
  • Price per sq. ft.:$307.05

About this home

Major Price Reduction – 8.06% Cap Rate on Fully Renovated Duplex This turnkey duplex in St. Petersburg has received a strategic price reduction and is ready for immediate occupancy and income generation. The property includes two 1-bedroom, 1-bath units fully renovated in 2023 with modern finishes, updated systems, and durable materials, making it a low-maintenance investment with strong rental potential. Financials based on market rents: adjusted price $339,900, projected annual gross income of $36,000 ($3,000 per month), and a Net Operating Income (NOI) of $28,200, reflecting an estimated 8.06% cap rate. The property is located in the desirable 33705 ZIP code, minutes from Downtown St. Petersburg, hospitals, shopping, dining, and Gulf beaches. This area offers strong rental demand, stable occupancy trends, and long-term appreciation potential. A fully renovated, income-ready asset positioned for solid and reliable returns. Easy to show. Schedule your private tour today.

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Home facts

  • Year built:1947
  • Listing ID #:TB8425755
  • Added:111 day(s) ago
  • Updated:December 31, 2025 at 03:06 AM

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:$339,900
  • Price per sq. ft.:$307.05
  • Tax amount:$3,289 (2024)
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