SoldJan 16, 2026

Listed by Nilka Castro from LPT Realty Lake Mary

Bought with Kerenina Windham-Molina from AGILE GROUP REALTY

Source: Stellar MLS #TB8425755

2220 7th St S, St. Petersburg, FL, 33705

$320,000

2
2
2
1107 sq. ft.
6207 sq. ft.

Duplex

30+ days on the market

Sold: Jan 16, 2026

What's around 2220 7th St S

About this property

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.

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