Homes for sale - 2220 7TH ST S, Saint Petersburg, FL 33705

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Jamie Lucena, MBA

jamielucenarealtor@gmail.com +1(386) 999-1148

$295,000

Est. payment - /mo

2 Beds

2 Baths

1,107 SqFt

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UPDATED:

12/12/2024 01:36 AM

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,107 sqft

Price per Sqft $266

Subdivision Harbordale Sub

MLS Listing ID TB8325129

Bedrooms 2

HOA Y/N No

Originating Board Stellar MLS

Year Built 1947

Annual Tax Amount $3,000

Lot Size 6,098 Sqft

Acres 0.14

Property 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!

Location

State FL

County Pinellas

Community Harbordale Sub

Direction S

Interior

Interior Features Living Room/Dining Room Combo

Heating Baseboard

Cooling Wall/Window Unit(s)

Flooring Wood

Fireplace false

Laundry None

Exterior

Exterior Feature Balcony, Fence, Storage

Parking Features Curb Parking, Driveway, Garage Faces Side, Off Street, On Street, Open

Garage Spaces 2.0

Utilities Available Electricity Connected, Public, Sewer Connected, Water Connected

Roof Type Shingle

Porch Covered, Front Porch, Patio, Porch

Attached Garage false

Garage true

Private Pool No

Building

Lot Description City Limits, Near Marina, Near Public Transit, Paved

Foundation Crawlspace

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Block,Wood Frame

New Construction false

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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Listed by PREFERRED SHORE REAL ESTATE

“I take great pride in the level of service, honestly and professionalism I provide to my clients. I'm ready to bring all of my skills front and center to help you sell your existing home, or find your dream home!”

--Jamie Lucena, MBA

+1(386) 999-1148

jamielucenarealtor@gmail.com

2220 7TH ST S Saint Petersburg, FL 33705