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$339,900 Sale Pending
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Property Description
Under contract-accepting backup offers. 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.
Full Property Details
Full Property Details for 2220 7th St S
General
- Price: $339,900
- Taxes: $3,289 (2024)
- Status: Pending
- Type: Duplex
- Source: MidFloridaRegionalMLS
- MLS ID: TB8425755
- Updated: 12/30/2025
- Added to Site: 131 day(s) ago
Interior
- Interior Features: Solid Surface Counters
- Appliances: Electric Water Heater, Range, Refrigerator
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Exterior
- Exterior Features: Balcony, Dog Run, Private Mailbox
Parking
- Garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Curb Parking, Driveway
Location
- Area: 33705 - St Pete
- County: Pinellas
- Development Name: 33705 - St Pete
- Subdivision: HARBORDALE SUB
- Driving Directions: From 4TH ST S and 22nd AVE S: West on 22nd AVE S. Left on 7TH ST S. Property on your Left.
Community
- Community Name: 33705 - St Pete
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Baseboard
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Public
Structural Information
- # Buildings: 1
- Exterior Const.: Wood Frame
- Roof: Shingle
- Square Feet: 1,107
- Sq. Ft. Source: Public Records
- Year Built: 1947
Lot Features
- Lot Size (Acres): 0.14
- Lot Size (Sq. Ft.): 6,207
- Lot Size: 6207
- Lot Dimensions: 60 x 100
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $3,289.31
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: HARBORDALE SUB N 60FT OF LOTS 151 AND 152
- Flood Zone Info: AE
- APN: 313117366840001510
- Property ID: 313117366840001510
Listed by Lpt Realty, Llc
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Schools
Schools serving 2220 7th St S
School District:Pinellas County School District
| Name | Grades | Distance |
|---|---|---|
Lakewood Elementary School, St. Petersburg, FL 4151 6th St S, St. Petersburg, FL 33705 | PK-5 | 1.2 mi |
Bay Point Middle School 2151 62nd Ave S, St. Petersburg, FL 33712 | 6-8 | 2.7 mi |
Lakewood High School 1400 54th Ave S, St. Petersburg, FL 33705 | 9-12 | 2.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2220 7th St S
Date
Details
Price
Change
Source
11/21/2025
Price Reduced
$339,900
-2.86%
MLS
11/03/2025
Price Reduced
$349,900
-2.78%
MLS
9/10/2025
Listed
$359,900
46.9%
MLS
8/07/2025
Sold
$245,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2220 7th St S
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,742
14%
$220,000
13%
2024
$3,289
10%
$195,000
15%
2023
$3,000
15%
$170,000
31%
2022
$2,604
-1%
$130,000
4%
2021
$2,621
—
$124,700
8%
2021
$2,621
25%
$115,213
26%
2019
$2,104
86%
$91,755
76%
2018
$1,133
30%
$52,156
24%
2017
$873
12%
$42,039
20%
2016
$782
8%
$35,049
10%
2015
$727
4%
$31,924
-2%
2014
$700
13%
$32,741
22%
2013
$619
—
$26,780
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2220 7th St S
2220 7th Street S, Saint Petersburg, FL 33705 (MLS# TB8425755) is a Duplex property with 2 bedrooms and 0 full bathrooms. 2220 7th Street S is currently listed for $339,900 and was received on September 10, 2025. Want to learn more about 2220 7th Street S? Do you have questions about finding other Duplex real estate for sale in Saint Petersburg? You can browse all Saint Petersburg real estate or contact a Coldwell Banker agent to request more information.

