2220 7th Street South

St. Petersburg, FL 33705

$295,000
Price
2
Beds
1,107 Sq. Ft.
$266 / Sq. Ft.
1,107
Sq. Ft.
$266
per Sq. Ft.

Description

Charming Hi-Return Duplex in the Heart of St. Petersburg! Fantastic investment opportunity with this income-generating gem of a duplex located near downtown St Petersburg. Currently a high-return income producing property, with the potential of significant growth and increased return for future earnings. With St. Petersburg's strong market outlook, ongoing appreciation trends, and increasing rental demand, this duplex offers future earnings potential through gradual rent increases and value growth,...Charming Hi-Return Duplex in the Heart of St. Petersburg! Fantastic investment opportunity with this income-generating gem of a duplex located near downtown St Petersburg. Currently a high-return income producing property, with the potential of significant growth and increased return for future earnings. With St. Petersburg's strong market outlook, ongoing appreciation trends, and increasing rental demand, this duplex offers future earnings potential through gradual rent increases and value growth, further enhanced by property improvements and the city's thriving economy. Buyers may consider consulting with the City’s planning and zoning department to inquire about potentially converting the detached garage into a third living unit. Each side of this duplex features 1 bedroom and 1 bathroom, with a shared fenced yard, detached garage and parking. Whether you're a seasoned investor or looking to enter the rental market, this duplex offers exceptional returns with a strong Net Operating Income (NOI) and low annual operating costs. Boasting a prime location just minutes from downtown, this property offers both charm and convenience, making it a consistent income-producing asset. Approximately 300 feet from the gorgeous Bartlett Park and the St Petersburg Tennis Center, less than 2 miles to the vibrant downtown St Petersburg and the University of South Florida (St Petersburg campus). With the ongoing development and demand in the St. Petersburg area, this duplex is poised for appreciation while continuing to deliver steady cash flow. Whether you're considering it as a primary investment or part of a larger portfolio, this property is an opportunity you don't want to miss!
  1. Listed by Derek Golden LLC • PREFERRED SHORE REAL ESTATE

Property Details for 2220 7th Street South

Subdivision Name
HARBORDALE SUB
Township
31
Garage Spaces
2
Waterfront
No
LISTING UPDATED: 12/11/2024 04:35 PM

Property Details for 2220 7th Street South

StatusActive
MLS #TB8325129
Days on Market22
Taxes$3,000 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1947
Lot Size0.14 AC / 6,207 SF
CountyPinellas County

Building Information for 2220 7th Street South

Stories-Residences2Year Built1947Building Size-Lot Size0.14 AC / 6,207 SF

Property Information for 2220 7th Street South

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 1684.0
  • Building Area Units: Square Feet
  • Directions: From 4TH ST S and 22nd AVE S: West on 22nd AVE S. Left on 7TH ST S. Property on your Left.
  • Mls Major Change Type: New Listing
  • Major Change Type: New Listing
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 2220
  • Street Name: 7TH
  • Street Suffix: STREET
  • Street Direction Suffix: S
  • State: FL
  • City: SAINT PETERSBURG
Parking
  • Attached Garage: No
  • Carport: No
  • Garage Dimensions: 20x20
  • Garage: Yes
  • Parking Features: Curb Parking, Driveway, Garage Faces Side, Off Street, On Street, Open
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Tax Block: 0
  • Tax Book Number: 8-29
  • Tax Legal Description: HARBORDALE SUB N 60FT OF LOTS 151 AND 152
  • Tax Lot: 151
  • Tax Year: 2023
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Lot Features: In City Limits, Near Marina, Near Public Transit, Street Paved
  • Parcel Number: 31-31-17-36684-000-1510
  • Total Acreage: 0 to less than 1/4
  • Total Num Buildings: 1
  • Water Access: No
  • Water Extras: No
  • Living Area: 1107
Property and Assessments
  • Year Built Numeric: 1947
  • Flood Zone Code: AE
  • Flood Zone Date: 08-24-2021
  • Flood Zone Panel: 12103C0282H
  • Homestead: No
  • New Construction: No
  • Property Attached: Yes
  • Public Survey Range: 17
  • Public Survey Section: 31
  • Dock YN: No
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Public, Sewer Connected, Water Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block, Wood Frame
  • Exterior Features: Balcony, Fenced, Storage
  • Foundation Details: Crawlspace
  • Other Structures: Shed(s), Storage, Workshop
  • Patio And Porch Features: Covered, Front Porch, Patio, Porch
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 2
  • Cooling: Wall/Window Unit(s)
  • Fireplace: No
  • Flooring: Wood
  • Heating: Baseboard
  • Interior Features: Living Room/Dining Room Combo
  • Laundry Features: None
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No
Multi Family
Multi-Family Information
  • Annual Expenses: $9,858
  • Annual Net Income: $27,342.00
  • Est Annual Market Income: $39,600.00
  • Gross Income: $37,200
  • Total Monthly Expenses: $822
  • Unit Count: 2
Unit 1
  • Unit Type Baths Total 1: 1
  • Unit Type Beds Total 1: 1
  • Unit Type Heated Sq Ft 1: 554
  • Unit Type Number Of Units Occupied 1: 1
  • Unit Type Pro Forma 1: 1550
  • Unit Type Type 1: 1 Bed/1 Bath
  • Unit Type Units Total 1: 1
Unit 2
  • Unit Type Baths Total 2: 1
  • Unit Type Beds Total 2: 1
  • Unit Type Heated Sq Ft 2: 553
  • Unit Type Number Of Units Occupied 2: 0
  • Unit Type Pro Forma 2: 1550
  • Unit Type Type 2: 1 Bed/1 Bath
  • Unit Type Units Total 2: 1
Rental
Rental Information
  • Tenant Pays: Electricity
  • Total Actual Rent: $3,100

Property History for 2220 7th Street South

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2220 7th Street South

Taxable ValueLand-Additions-Total-
Tax Record2023$3,000 ($250 / month)
Home Facts
Baths2Total Finished SqFt1,107 SqFtAbove Grade Finished SqFt1,107 SqFtStories1Lot Size6,207 SqFtStyleDuplexYear Built1947Year Renovated1993CountyPINELLASAPN31-31-17-36684-000-1510

Schools near 2220 7th Street South

This home is within Pinellas.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Lakewood Elementary School
PublicPK to 5

Bay Point Middle School
Public6 to 8

Lakewood High School
Public9 to 12

MIDTOWN ACADEMY
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2220 7th Street South is a multi-family home for sale in St. Petersburg, FL 33705. This property was listed for sale on November 26, 2024 by PREFERRED SHORE REAL ESTATE, it's currently listed at $295,000. It has been on the market for a total of 22 days and was last sold on May 8, 2019. This listing's school district is Pinellas. Nearby schools include Lakewood Elementary School, Bay Point Middle School and Lakewood High School. 2220 7th Street South is a 2-bed, 0-bath, 1,107 sqft multi-family home built in 1947.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of PREFERRED SHORE REAL ESTATE, Derek Golden LLC

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 12/11/2024 04:35 PM