2220 7th Street S, St Petersburg, FL 33705
- $320,000
- 2
- BD
- 2
- BA
- 1,107
- SqFt
- Sold Price
- $320,000
- List Price
- $339,900
- Status
- SOLD
- MLS#
- TB8425755
- Closing Date
- Jan 16, 2026
- Bedrooms
- 2
- Bathrooms
- 2
- Living Area
- 1,107
- Subdivision
- Harbordale Sub
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 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.
Additional Information
- Year Built
- 1947
- Construction
- Frame
- Living Area
- 1,107
- Acres
- 0.14
- Interior Features
- Solid Surface Counters
- Cooling
- Wall/Window Unit(s)
- Heating
- Baseboard
- Parking
- Curb Parking, Driveway
- Garage Spaces
- 2
- Garage Description
- 2 Car Garage
- Exterior Features
- Balcony, Dog Run, Private Mailbox
- Sewer
- Public Sewer
Listing courtesy of LPT REALTY, LLC. Selling Office: AGILE GROUP REALTY.
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