Active1200 40TH STREET
ST PETERSBURG, FL 33711
About this home
FOR SALE OR LEASE – Fully Renovated Mixed-Use Live/Work Property in South St. Petersburg. 1200 40th St S offers approximately 2,160 SF plus a detached 2-car garage/storage building. The property includes 1,080 SF of ground-floor office/commercial space and a 1,080 SF 3-bedroom/1-bath apartment upstairs, creating an excellent opportunity for an owner-user, small business, investor, or live/work occupant. Recent renovations include two HVAC systems, hot water heaters, updated electrical, flooring, cabinets, appliances, and a roof installed in 2020. Residential and commercial spaces have separate electric meters. The detached garage was constructed in 2013 and provides additional storage, workspace, or business utility. Corner lot with fenced outdoor area, alley access and 6+ parking spaces. Convenient access to Downtown St. Petersburg, Gulfport, I-275, beaches, Stetson University and major employment centers. Sale Price: $439,999. Owner financing available. Lease: $4,000/month Modified Gross for the entire property. Landlord pays taxes and insurance; tenant pays utilities and maintenance. 1–3 year lease terms and option-to-buy opportunity available.
Facts & features
Interior
- Living area
- 2,160 sqft
- Heating
- Central
- Cooling
- Central Air
- Flooring
- Ceramic Tile, Luxury Vinyl
- Stories
- 2
- Appliances
- Microwave, Refrigerator
Exterior & lot
- Lot size
- 4,347 sqft (0.09 ac)
- Construction
- Stucco
Financial
- Annual tax
- $3,486 (2025)
- Price / sqft
- $22.2/sqft
Utilities
- Water
- None
- Sewer
- Public Sewer
- Utilities
- Electricity Available
Property
- Property type
- Single Family
- Year built
- 1949
- Subdivision
- SPRING GARDENS SUB
- County
- Pinellas
Listing
- Status
- Active
- Days on market
- Today
- MLS #
- MFR802367975
- Source
- Stellar MLS
Listed by Michael Schultz · INSTA REAL ESTATE SOLUTIONS
Listing data provided by Stellar MLS. Information deemed reliable but not guaranteed.
Sample estimate — not an appraisal
Based on 21 comparable sales within 1 mile of ST PETERSBURG, FL, this home is priced over RENA ValiQ.
Reference only. Estimates blend public sale comps, neighbourhood trend and the listing’s own metrics. Final price moves on diligence, terms and timing — RENA is your second read, not your agent.
Estimate your monthly cost
PITI + HOA- Principal & interest
- $243/mo
- Property tax
- $290/mo
- Home insurance
- $200/mo
Opens at 20% down over 30 years at 6.5%, the same assumptions as the answers below. Property tax is this listing's own bill; insurance is left out until you enter a quote, because Florida premiums turn on roof age, elevation and carrier. Every field is editable.
Ask about this property
Answered from this listing’s own figures and the sales around it.
Price history
From the property’s MLS record.
| Date | Event | Price | Change |
|---|---|---|---|
| Aug 10, 2026 | Listed | $48,000 | — |
NeighbourhoodSample data
Reference scores for ST PETERSBURG, FL. Schools, mobility and amenities feed live data once the dedicated provider connection lands.
Location
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