2220 7th Street S, ST PETERSBURG, FL 33705
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  • MLS#: TB8425755 ( Residential Income )
  • Street Address: 2220 7th Street S
  • Viewed: 50
  • Price: $339,900
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1947
  • Bldg sqft: 0
  • Bedrooms: 2
  • Total Baths: 2
  • Garage / Parking Spaces: 2
  • Days On Market: 90
  • Additional Information
  • Geolocation: 27.7479 / -82.6422
  • County: PINELLAS
  • City: ST PETERSBURG
  • Zipcode: 33705
  • Subdivision: Harbordale Sub
  • Provided by: LPT REALTY, LLC
  • Contact: Nilka Castro
  • 877-366-2213
  • mfrmls
  • DMCA Notice
  • 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 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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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Balcony, Dog Run, Private Mailbox
  • Flooring: Wood
  • Living Area: 1107.00
  • Roof: Shingle
Garage and Parking
  • Garage Spaces: 2.00
  • Open Parking Spaces: 0.00
  • Parking Features: Curb Parking, Driveway
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Wall/Window Unit(s)
  • Heating: Baseboard
  • Sewer: Public Sewer
  • Utilities: Public
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Appliances: Electric Water Heater, Range, Refrigerator
  • Country: US
  • Interior Features: Solid Surface Counters
  • Legal Description: HARBORDALE SUB N 60FT OF LOTS 151 AND 152
  • Area Major: 33705 - St Pete
  • Occupant Type: Vacant
  • Parcel Number: 31-31-17-36684-000-1510
  • Views: 50
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