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About This Home

This 0-bedroom, 0-bathroom multi-family at 720 - 724 7TH STREET N in Saint Petersburg, FL is listed for $649,000 ($362 per sqft). Built in 1960, the home offers 1,791 sqft of living space on a 0.18 acres lot.

Agent 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 7,7

80 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.

Key Features

  • Built in 1960
  • 0.18 acre lot

Property Details

1960

Monthly Cost Estimate

$3,471/mo

20% down · 6.5% · 30 years

Principal$469
Interest$2,812
Insurance$189

Estimates only. Actual payments may vary.

Location

720 - 724 7TH STREET N

Saint Petersburg, FL 33701

KINYON & WOODS ADD

Features & Amenities

Interior Features

Eat-in KitchenLiving Room/Dining Room ComboOpen FloorplanPrimary Bedroom Main FloorSplit BedroomWindow Treatments

Exterior Features

Dog RunLightingPrivate MailboxPrivate Yard

Property Details

Flooring

Bamboo

Construction

BlockFrameStucco

Heating

CentralDuctless (Heating)

Cooling

Central AirDuctlessMulti UnitsWall/Window Unit(s)Window Unit(s)

Appliances

DishwasherDryerRangeRefrigeratorWasher

Questions & Answers

This 0-bedroom, 0-bathroom multi-family at 720 - 724 7TH STREET N is listed at $649,000 ($362/sqft). The estimated monthly payment is $2,812 based on 20% down at 6.5% interest.

Key features include: Built in 1960, 0.18 acre lot. Interior Features: Eat-in Kitchen, Living Room/Dining Room Combo, Open Floorplan. Exterior Features: Dog Run, Lighting, Private Mailbox.

This property is listed by Chimezie Joseph, PA and can be reached at 3053053294 or cj@sandandhome.com.

CP

Chimezie Joseph, PA

Agent at COASTAL PROPERTIES GROUP

(305) 305-3294

Listed by COASTAL PROPERTIES GROUP · View on Broker Site

MLS# TB8517137· Source: listhub· Updated 1 days ago

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

720 - 724 7TH STREET N, Saint Petersburg, FL 33701

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