4480 40TH ST N Active Save Request In-Person Tour Request Virtual Tour
St Petersburg,FL 33714
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,954 sqft
Price per Sqft $222
Subdivision 520000-520000
MLS Listing ID TB8367052
Bedrooms 10
HOA Y/N No
Originating Board Stellar MLS
Year Built 1969
Annual Tax Amount $11,982
Lot Size 0.930 Acres
Acres 0.93
Lot Dimensions 150x265
Property Sub-Type Multi Family
Property Description
Multi-Unit Investor Opportunity on Shaded Lot with Rental Income Minutes from Downtown St. Pete. Tucked beneath a canopy of mature trees on a generously shaded lot, this unique multi-unit property is a rare opportunity for the savvy investor. It is just minutes from downtown St. Petersburg, I-275, and US-19. Featuring five duplexes, including studio and 1-bedroom units, each with its own screened-in front porch, and a separate 2-bedroom single-family home, this income-producing compound is full of potential. While the structures are currently occupied and livable, some units may benefit from cosmetic updates and TLC, making this an ideal value-add investment. The layout and variety of units lend themselves well to long-term tenants, short-term rentals, or a mixed-use strategy. A quiet setting with old-Florida charm, this property invites you to reimagine its future. Whether you're looking to renovate and increase rental income or hold as-is, this is a chance to own a rare collection of units on a beautiful shaded lot. See attached PDF for details.
Location
State FL
County Pinellas
Community 520000-520000
Area 33714 - St Pete
Zoning R-4
Direction N
Interior
Interior Features Ceiling Fans(s),Eat-in Kitchen,Primary Bedroom Main Floor
Heating Wall Units / Window Unit
Cooling Wall/Window Unit(s)
Flooring Linoleum,Tile,Wood
Fireplace false
Laundry None
Exterior
Exterior Feature Storage
Utilities Available BB/HS Internet Available,Cable Available,Electricity Connected,Phone Available,Public,Sewer Connected,Water Connected
View Trees/Woods
Roof Type Shingle
Porch Front Porch,Screened
Garage false
Private Pool No
Building
Lot Description Level,Paved
Foundation Concrete Perimeter
Lot Size Range 1/2 to less than 1
Sewer Public Sewer
Water Public
Structure Type Block,Stucco,Frame
New Construction false
Schools
Elementary Schools New Heights Elementary-Pn
Middle Schools Tyrone Middle-Pn
High Schools St. Petersburg High-Pn
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition None
Virtual Tour https://youtu.be/kfpNj7CRh7E