2220 7TH STREET S, St Petersburg, FL 33705

• 2 beds |
• 2 baths |
• 1,107 sqft

Property Description

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!

Listing Status:

Active

Date Added:

September 10, 2025 at 05:00AM

Listing Office:

LPT REALTY, LLC : 877-366-2213

Listing Agent:

Nilka Castro : 813-808-5857

MLS ID:

TB8425755

Interior

• General: Solid Surface Counters
• Appliances: Electric Water HeaterRangeRefrigerator
• Laundry: None
• Flooring: Wood
• A/C: Wall/Window Unit(s)
• Heating: Baseboard

Exterior

• General: BalconyDog RunPrivate Mailbox
• Parking: Curb ParkingDriveway

Construction

• Roofing: Shingle
• General: FrameCrawlspace

Location

• Road/Access: Asphalt
• Originating MLS: Stellar MLS
• County: Pinellas

Lot

• Zoning: HARBORDALE SUB N 60FT OF LOTS 151 AND 15231-31-17-36684-000-1510

Utilities

• Utilities: Public
• Water: Public
• Sewer: Public Sewer

Financial

• Source: Stellar MLS
• Ownership: Fee Simple

This listing courtesy of Nilka Castro, LPT REALTY, LLC