14 days on rocket

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

$295,000

Home List Price

$3,503*

Closing Credit

2 Bedrooms
2 Baths
1,107 SqFt
$266/SqFt
Multi

Location

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2220 7th St S, Saint Petersburg$295,000

Buyer Closing Credits

$3,503*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingCurb Parking, Driveway, Garage Faces Side, Off Street, On Street, Open
Garage2 spaces
Year Built1947
HeatingBaseboard
CoolingWall/Window Unit(s)
MLS #TB8325129
Lot Size0.14 Acres
StatusActive

About 2220 7th St S

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!

Property Details

Property Features

Property Information:

  • Year Built: 1947
  • Living Area: 1,107 SqFt

Listing Office:

  • Office Name: PREFERRED SHORE REAL ESTATE
  • Office Phone: (941) 999-1179
  • Listing Agent: Derek Golden LLC

Interior Features

Interior Information:

  • Flooring Type: Wood
  • Interior: Living Room/Dining Room Combo

Bedroom and Bathroom Information:

  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Balcony, Fence, Storage

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Curb Parking, Driveway, Garage Faces Side, Off Street, On Street, Open

Virtual/3D Tour

  • Virtual Tour: 2220 7th St S
Virtual Tour

Lot Features

Lot Information:

  • Lot: City Lot, Near Marina, Near Public Transit, Paved
  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: Wall/Window Unit(s)

Other

Directions Information:

  • Directions: From 4TH ST S and 22nd AVE S: West on 22nd AVE S. Left on 7TH ST S. Property on your Left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $295,000
  • Price Per SqFt: $266/SqFt

Tax Information:

  • Annual Amount: $2,464
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Saint Petersburg, FL.

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Saint Petersburg, FL

City

Med. Sold Price

$432.3K

Med. Price/SqFt

$340

Avg. Days On Market

54

# of Sold Homes

307

2220 7th St S vs Saint Petersburg

14 DAYS ON ROCKET

-40 Days

$295,000

-$137.3K Less

$266/SqFt

-$74 Less

KEY TAKEAWAY

This property is $137.3K less than the Median Sold Price and $74/SqFt less than other homes in Saint Petersburg, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #TB8325129

Listing Office:

  • Office Name: PREFERRED SHORE REAL ESTATE
  • Office Phone: (941) 999-1179
  • Listing Agent: Derek Golden LLC

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

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.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/11/2024, 3:20:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 10, 2019Home Sold
$125,000
Nov 15, 2017Home Sold
$77,500
Oct 01, 2010Home Sold
$15,400
Oct 20, 2005Home Sold
$70,000
Oct 11, 2002Home Sold
$68,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,464$115,213
2019$2,104$91,755
2018$1,132$52,156
2017$873$42,039

History based on county public records data.

Payment Calculator

$1,540

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$951

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1705295
7
/10

  • Midtown Academy

  • 1701 10th St S

  • 0.57 miles

  • Public Magnet Grades KG-5

school-card-donut-1705296
4
/10

  • Melrose Elementary

  • 1752 13th Ave S

  • 1.12 miles

  • Public Magnet Grades PK-5

school-card-donut-1705297
3
/10

  • Lakewood Elementary

  • 4151 6th St S

  • 1.16 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $25,244. The most common annual income of people living in Saint Petersburg, FL is less than $35k. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Pinellas County›Saint Petersburg›33705›2220 7th St S

This home is located at 2220 7th St S in Saint Petersburg, FL and zip code 33705 in the Harbordale neighborhood. This 1,107 square foot home, which was built in 1947, sits on a 0.14 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 26, 2024 and is currently priced at $295,000.

In November 2024 more than 26 listings in Saint Petersburg, FL were sold above the asking price. During the same period more than 59 listings were sold at asking price, while more than 222 were sold below. Between October 2024 and November 2024, Saint Petersburg, FL real estate market has seen increase in the number of listings by 14.1%. While the average time on the market in November 2024 was 54 days, the median list price was $432,379.

From Rocket Homes Real Estate and based on county public records data.

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