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Back 2220 7th St S
Off Market

2220 7th St S

St. Petersburg FL 33705

2
2
2
1107 sq. ft.
6207 sq. ft.
Duplex
Last sold for $320,000
Nilka CastroNilka Castro, last sold this property on 16 January 2026 after 415 days on market.

Overview

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.

Features

2 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
1107 sq. ft. floor area
6207 sq. ft. lot size
Duplex

Estimated Value

We need at least 3 similar 2 bedroom duplexes sold in St. Petersburg over the last 12 months.

Property history for 2220 7th St S

2026
Sold
$320,000
16 Jan 2026 by Nilka Castro, of LPT Realty Lake Mary
2019
Sold
$125,000
08 May 2019 by Charles Rountree, PA, of INSTA REAL ESTATE SOLUTIONS
2017
Sold
$53,000
12 Oct 2017 by James Nagy

Happy sellers in St. Petersburg

82%
82% of sellers in St. Petersburg reported that their sale price either exceeded or met their price expectations.

St. Petersburg stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 32 reviews in St. Petersburg over the last 12 months.

Local market activity for 2 bedroom duplexes in St. Petersburg

In the last 12 months, 1 two-bedroom duplex similar to 2220 7th St S, have been sold.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in St. Petersburg

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Kent Rodahaver

Kent Rodahaver is an award winning recommended agent for St. Petersburg.  They have 16 local sales and collected 11 local reviews across the last 12 months.

  •   5   (53 reviews)
  •  11 Reviews in St. Petersburg
  •  16 Sales in St. Petersburg
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Patricia Hughes

Patricia Hughes is a recommended agent for St. Petersburg.  They have 5 local sales and collected 7 local reviews across the last 12 months.

  •   5   (32 reviews)
  •  7 Reviews in St. Petersburg
  •  5 Sales in St. Petersburg
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Kyle Hickey

Sellers who recommend Kyle Hickey have praised them for being local expert, responsive, clear communication, supportive, patient, resourceful, and well-prepared

  •   5   (127 reviews)
  •  5 Reviews in St. Petersburg
  •  6 Sales in St. Petersburg
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Josh Martin

Josh Martin is a recommended agent for St. Petersburg.  They have 5 local sales and collected 4 local reviews across the last 12 months.

  •   5   (56 reviews)
  •  4 Reviews in St. Petersburg
  •  5 Sales in St. Petersburg
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