St Petersburg, FL 33705,2220 7TH ST S
St Petersburg, FL 33705,2220 7TH ST S
St Petersburg, FL 33705,2220 7TH ST S
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$339,900
Est. payment /mo
2 Beds
2 Baths
1,107 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,107 sqft

Price per Sqft $307

Subdivision Harbordale Sub

MLS Listing ID TB8425755

Bedrooms 2

HOA Y/N No

Year Built 1947

Annual Tax Amount $3,289

Lot Size 6,098 Sqft

Acres 0.14

Lot Dimensions 60x100

Property Sub-Type Duplex

Source Stellar MLS

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!

Location

State FL

County Pinellas

Community Harbordale Sub

Area 33705 - St Pete

Direction S

Interior

Interior Features Solid Surface Counters

Heating Baseboard

Cooling Wall/Window Unit(s)

Flooring Wood

Fireplace false

Appliance Electric Water Heater, Range, Refrigerator

Laundry None

Exterior

Exterior Feature Balcony, Dog Run, Private Mailbox

Parking Features Curb Parking, Driveway

Garage Spaces 2.0

Utilities Available Public

Roof Type Shingle

Attached Garage false

Garage true

Private Pool No

Building

Foundation Crawlspace

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Frame

New Construction false

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Virtual Tour https://listings.nextdoorphotos.com/vd/210880846


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Stellar MLS
Listed by Nilka Castro LPT REALTY, LLC
Ricardo Simon

"After my 14-year service to the U.S. NAVY, I have dedicated my life to the real estate industry for the last decade. Now, my mission is to provide you with a smooth and beneficial experience in buying or selling real estate in Central Florida. Call me to learn more."

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2220 7TH ST S