2220 7TH ST S Active Save Request In-Person Tour Request Virtual Tour
St Petersburg,FL 33705
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 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.
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