$295,000
 $1,675 est/mo Sourced by Back At You

2220 7th St S , ST PETERSBURG, FL 33705

ST PETERSBURG, FL 33705

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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, 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!

Details

MLS#TB8325129
Listing TypeFor Sale
StyleTown House
Sub-TypeFor-sale
StatusActive
Year1947
Days On Site51
Listing Provided ByPREFERRED SHORE REAL ESTATE | Derek Golden LLC

Features

Bed(s)2
Bath(s)2
SQ Feet1,107
Garage2
BasementY
Units2
Acreage0.14

Market Activity 33705

 Listings courtesy of Stellar MLS as distributed by MLS GRID.Based on information submitted to the MLS GRID as of January 16, 2025 at 11:45:04 PM PST All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. “The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

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Listings Checked: 20 minutes ago
StateFL
CountyPinellas
CityST PETERSBURG
Zip Code33705
Area33705 St Pete
Community NameHARBORDALE SUB
Listing VS Median (in HARBORDALE SUB)
Price:
$295,000
low | high
Med:
$299,900
48.338983050847% of Average
SqFt:
1,107
low | high
Med:
1,408
22.809394760614% of Average
$ / SqFt:
$266
low | high
Med:
$213
70.071913520801% of Average
On Site:
51
low | high
Med:
51.000000
100% of Average
Sourced by Back At You
Listing Updated: January 13, 2025 at 10:31:41 PM PST