720 - 724 7TH ST N, St Petersburg, FL 33701
720 - 724 7TH ST N, St Petersburg, FL 33701
720 - 724 7TH ST N, St Petersburg, FL 33701
720 - 724 7TH ST N, St Petersburg, FL 33701
720 - 724 7TH ST N, St Petersburg, FL 33701
720 - 724 7TH ST N, St Petersburg, FL 33701
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$ 649,000
Est. payment | /mo

4 Beds

3 Baths

1,791 SqFt


$ 649,000
Est. payment | /mo

4 Beds

3 Baths

1,791 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,791 sqft

Price per Sqft $362

Subdivision Kinyon & Woods Add

MLS Listing ID TB8517137

Bedrooms 4

Construction Status Completed

HOA Y/N No

Year Built 1960

Annual Tax Amount $10,130

Lot Size 7,840 Sqft

Acres 0.18

Lot Dimensions 60x128

Property Sub-Type Duplex

Source Stellar MLS

Property Description

Rare opportunity to acquire two residences on one oversized 60' x 128' lot in the heart of Historic Uptown, one of St. Petersburg's most desirable and walkable neighborhoods. Situated on a 7,780 SF parcel with alley access and tandem parking for up to 10 vehicles, this unique property offers flexibility, income potential, and land value that are increasingly difficult to find near Downtown St. Petersburg.

The property features two residences on a single parcel. The front residence offers approximately 1,098 square feet with 2 bedrooms and 2 bathrooms. The detached rear cottage provides additional private living space, creating opportunities for rental income, multigenerational living, guest accommodations, a private home office, or an owner-occupant seeking supplemental income.

The larger front residence enjoys a private fenced bistro-style courtyard, creating a charming outdoor living space perfect for entertaining, outdoor dining, gardening, or use as a secure play area or dog run. This dedicated outdoor area adds both functionality and appeal for residents seeking a private retreat in the heart of the city.

Each residence is separately metered for water and electricity, simplifying property management and tenant billing. In addition, each unit features its own dedicated washer and dryer, a highly desirable amenity for both tenants and owner-occupants.

The front residence was rented for $2,500 a month and the rear cottage for approximately $1,500 a month, generating approximately $4,000 a month in combined gross rental income. leaving room for increments. Investors will appreciate the property's established income, while owner-occupants may benefit from offsetting ownership costs through rental income from the second residence. Buyers should independently verify all rental rates, operating expenses, and future income potential.

One of the property's most attractive features is its oversized 7,780-square-foot lot, substantially larger than many nearby properties. The alley access and parking for up to 10 vehicles provide exceptional convenience and functionality rarely found in the Downtown St. Petersburg market.

Located in Flood Zone X, no flood insurance is required in this Historic Uptown location with proximity to Downtown while maintaining a charming residential atmosphere. Residents enjoy easy access to Beach Drive, the waterfront, Vinoy Park, Crescent Lake Park, museums, restaurants, breweries, coffee shops, hospitals, entertainment venues, and major employment centers. Quick access to I-275 makes commuting throughout Tampa Bay convenient.

Property Highlights:
• Two residences on one parcel
• Front home approximately 1,098 SF, 2BR/2BA
• Detached rear cottage
• Private fenced courtyard and dog run
• Separate water meters
• Separate electric meters
• Dedicated washer and dryer in each unit
• Oversized 7,780 SF lot (60' x 128')
• Alley access
• Parking for up to 10 vehicles
• Flood Zone X - No flood insurance required
• Minutes to Downtown St. Petersburg
• Strong long-term rental potential
• Flexible owner-occupant or investment opportunity

Whether you're seeking an income-producing investment, a live-in investment opportunity, housing for extended family, or a unique property with multiple residences on a large parcel, this Historic Uptown offering presents exceptional versatility in one of St. Petersburg's most desirable urban neighborhoods.

Location

State FL

County Pinellas

Community Kinyon & Woods Add

Area 33701 - St Pete

Direction N

Interior

Interior Features Eat-in Kitchen, Living Room/Dining Room Combo, Open Floorplan, Other, Primary Bedroom Main Floor, Split Bedroom, Window Treatments

Heating Central, Ductless

Cooling Central Air, Mini-Split Unit(s), Wall/Window Unit(s)

Flooring Bamboo

Furnishings Unfurnished

Fireplace false

Appliance Dishwasher, Dryer, Range, Refrigerator, Washer

Laundry Inside, Other, Washer Hookup

Exterior

Exterior Feature Dog Run, Lighting, Other, Private Mailbox, Private Yard

Parking Features Parking Pad

Community Features Street Lights

Utilities Available Electricity Connected, Other, Sewer Connected, Water Connected

View Garden

Roof Type Shingle

Porch Covered, Enclosed, Rear Porch, Screened

Garage false

Private Pool No

Building

Lot Description Oversized Lot

Entry Level One

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Block,Stucco,Frame

New Construction false

Construction Status Completed

Schools

Elementary Schools North Shore Elementary-Pn

Middle Schools John Hopkins Middle-Pn

High Schools St. Petersburg High-Pn

Others

Pets Allowed Yes

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8517137

Stellar MLS
Listed by Chimezie Joseph, PA COASTAL PROPERTIES GROUP

Schools and Properties Nearby

Homi Kamalimoghaddam

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(813) 614-5551

realtorhomi@gmail.com

12000 N Dale Mabry Hwy, Tampa, FL, 33618

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720 - 724 7TH ST N