2220 7th Street S Saint Petersburg, FL 33705
For Sale MLS# TB8425755
2 beds 2 baths 1,107 sq ft Multi-family
Details for 2220 7th Street S
MLS# TB8425755
Description for 2220 7th Street S, Saint Petersburg, FL, 33705
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.
Listing Information
Property Type: Residential, Duplex
Status: Active
Bedrooms: 2
Bathrooms: 2
Lot Size: 0.14 Acres
Square Feet: 1,107 sq ft
Year Built: 1947
Garage: Yes
Construction: Wood Frame
Subdivision: Harbordale Sub
Foundation: Crawlspace
Number Of Units Total: 2
County: Pinellas
Interior Features
Appliances: Range, Refrigerator, Electric Water Heater
Flooring: Wood
Basement: Crawl Space
Additional Interior Features: Solid Surface Counters
Utilities
Water: Public
Sewer: Public Sewer
Other Utilities: Municipal Utilities
Cooling: Wall/Window Unit(s)
Heating: Baseboard
Exterior / Lot Features
Garage Spaces: 2
Parking Description: driveway
Roof: Shingle
Lot Dimensions: 60x100
Additional Exterior/Lot Features: Balcony, Dog Run, Balcony
Unit Information
Unit 1 Units Total: 1
Unit 1 Actual Rent: 1500
Unit 1 Baths Total: 1
Unit 1 Beds Total: 1
Unit 2 Units Total: 1
Unit 2 Actual Rent: 1500
Unit 2 Baths Total: 1
Unit 2 Beds Total: 1
Driving Directions
From 4TH ST S and 22nd AVE S: West on 22nd AVE S. Left on 7TH ST S. Property on your Left.
Financial Considerations
Terms: Cash,Conventional
Gross Income: 36000
Tax/Property ID: 31-31-17-36684-000-1510
Tax Amount: 3289.31
Tax Year: 2024
A broker reciprocity listing courtesy: LPT REALTY, LLC
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 2220 7th Street S
Sales History
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Tax Summary
| Tax Year | Estimated Market Value | Total Tax |
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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
Schools
Schools nearby 2220 7th Street S
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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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