1200 40TH STREET S at

1200 40TH STREET S

For sale Days on market 139

$439,999

$204/sq ft

$210,000
Price Decreased

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Overview

Year Built

1949

Sqft

2160

Property Type

Mixed Use

Property Description

OWNER FINANCING AVAILABLE Purchase Price: $450,000 Terms: • $200,000 Down Payment • Seller Financing of $250,000 • 7.0% Interest Rate • Principal & Interest Payments • 30-Year Amortization • 3-Year Balloon Note Monthly Payment: $1,663.26 (Principal & Interest) 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.

Property Details

MLS#

TB8494789

Total Floor in Bldg

Address

1200 40TH

City

St Petersburg

State/county

Zip/Postal Code

33711

Area

Spring Gardens Sub

Country

United States

HOA

Yes

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$3,485

Maint Fee

$--

Tax Year

2025

Microwave

Refrigerator

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