$439,999

1200 40TH ST S, ST PETERSBURG FL, 33711

Price per sqft$203.70

Built in1949

Property size2,160 sqft

Property typeCommercial

Courtesy of INSTA REAL ESTATE SOLUTIONS, Michael Schultz Listing Contact: 813-586-0654

Overview

Under contract

Pending

Listed Apr 7, 2026

Updated 8 days ago

Under contract-accepting backup offers. OWNER FINANCING AVAILABLE Terms: • $200,000 Down Payment • Seller Financing the Remaining • 7.0% Interest Rate • Principal & Interest Payments • 30-Year Amortization • 3-Year Balloon Note Remaining balance due at the end of 36 months. Subject to buyer qualification and final loan documents. Fully renovated mixed-use opportunity in South St. Petersburg featuring a 3-bedroom, 1-bath apartment upstairs, 1,080 SF office/commercial space downstairs, and a detached 2-car garage/storage building. Ideal for an owner-user, investor, or live/work setup with flexible occupancy options and strong income potential. Recent improvements include new HVAC, new hot water heaters, updated electrical, new flooring, new cabinets, new appliances, and a new roof in 2020. The property also offers separate electric meters for each unit and a detached garage built in 2013 to newer code standards. Move-in ready and positioned for a variety of residential/commercial use scenarios.

Additional information

MLS^® ID: TB8494789

Interior Features

Bathrooms: 0
Cooling: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.1 Acres

Other Property Details

Taxes: $3,486
Tax Frequency: Annually
Association Fee Frequency: Monthly

Listings courtesy of Stellar MLS as distributed by MLS GRID

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