2220 7th Street S, Saint Petersburg, FL 33705
Local realty services provided by:Gulf Shores Realty ERA Powered
Listed by: nilka castro
Office: lpt realty, llc.
MLS#:TB8425755
Source:MFRMLS
Price summary
- Price:$349,900
- Price per sq. ft.:$316.08
About this home
8.06% CAP RATE! Turnkey Duplex in St. Petersburg – Fully Remodeled & Tenant-Occupied. Exceptional investment opportunity to own a fully remodeled, cash-flowing duplex in the heart of St. Petersburg. Priced at $349,900, this property delivers an 8.06% CAP rate and immediate income with both units leased—no vacancy, no delays. Two 1-bed/1-bath units completely renovated in 2023 with modern finishes, updated systems, and durable materials, making this a true turnkey property. Financials: Gross annual income $36,000 ($3,000/month) and Net Operating Income (NOI) $28,200. Located in the highly sought-after 33705 zip code, minutes from Downtown St. Pete, hospitals, shopping, and Gulf beaches. Strong rental demand, proven performance, and long-term appreciation potential in one of Florida’s fastest-growing markets. Schedule your private showing today!
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Home facts
- Year built:1947
- Listing ID #:TB8425755
- Added:69 day(s) ago
- Updated:November 19, 2025 at 01:25 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Living area:1,107 sq. ft.
Heating and cooling
- Cooling:Wall/Window Unit(s)
- Heating:Baseboard
Structure and exterior
- Roof:Shingle
- Year built:1947
- Building area:1,107 sq. ft.
- Lot area:0.14 Acres
Utilities
- Water:Public
- Sewer:Public, Public Sewer
Finances and disclosures
- Price:$349,900
- Price per sq. ft.:$316.08
- Tax amount:$3,289 (2024)
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