$339,900

2220 7TH STREET S, St Petersburg, FL 33705

  • 2 beds |
  • 2 baths |
  • 1,107 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1947
  • Property Lot Size Icon6,098sqft lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $307/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

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

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: Wood
  • A/C: Wall/Window Unit(s)
  • Heating: Baseboard
  • General: BalconyDog RunPrivate Mailbox
  • Parking: Curb ParkingDriveway
  • Roofing: Shingle
  • General: FrameCrawlspace
  • Road/Access: Asphalt
  • Originating MLS: Stellar MLS
  • County: Pinellas
  • Zoning: HARBORDALE SUB N 60FT OF LOTS 151 AND 15231-31-17-36684-000-1510
  • Utilities: Public
  • Water: Public
  • Sewer: Public Sewer
  • Source: Stellar MLS
  • Ownership: Fee Simple

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

M

Midtown Academy

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

Grades KG-5

0.58 miles away

J

John Hopkins Middle School

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

Grades 6-8

1.37 miles away

P

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.

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