Florida
St Petersburg
2220 7TH STREET S

$359,900

2220 7TH STREET S, St Petersburg, FL 33705

2 beds |
2 baths |
1,107 sqft

Duplex
Built in 1947
6,098sqft lot
2 car garage
$325/sqft
Listed 1 day ago

Property Description

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.

Listing Status:: Active
Date Added:: September 10, 2025 at 05:00AM
Listing Office:: LPT REALTY, LLC : 877-366-2213
Listing Agent:: Nilka Castro : 813-808-5857
MLS ID:: TB8425755

General: Solid Surface Counters
Appliances: Electric Water HeaterRangeRefrigerator
Laundry: None
Flooring: Hardwood
A/C: Wall/Window Unit(s)
Heating: Baseboard

This listing courtesy of Nilka Castro, LPT REALTY, LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Midtown Academy

1701 10th St S, Saint Petersburg, FL, 33705

Grades KG-5

0.58 miles away

John Hopkins Middle School

701 16th St S, Saint Petersburg, FL, 33705

Grades 6-8

1.37 miles away

Pinellas Mycroschool of Integrated Academics and Technologie

840 3rd Ave S, Saint Petersburg, FL, 33701

Grades 9-12

1.39 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.