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1200 40TH STREET S

Commercial For Sale
$499,999

BTC: 7.93649206

ETH: 286.36827033

-$150K (2026/05/26)
58 days
0 room(s)
2,160 sqft

Overview

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.

Location

Florida • ST PETERSBURG • 33711 • Commercial • For Sale

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1949
Lot:
0.09 Acres
Heating:
Central Building
Price/sqft:
$231
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$500,000
$313K – $1.3M
Confidence Low
List vs. estimate
At estimate
List $499,999 · -0.0%
List is in line with recent comparable activity.
Price per sq ft
$231
-25.1% vs. city median $309
Based on
5 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$3,485
2025
All facts and features

  • Flooring

    • Ceramic Tile

    • Luxury Vinyl

    Heating

    • Central Building

    Cooling

    • Central Air

    Appliances

    • Microwave

    • Refrigerator

  • Property

    • Levels: Two

    Lot

    • Lot: 0.09 Acres

    Other Property Information

    • Parcel Number: 273116848340000030

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Mixed Use

  • Utility

    • Electricity Available

  • Other financial information

    • Annual tax amount: $3,486

  • Source details

    • MLS ID: TB8494789

    Other facts

    • Construction Materials: Stucco

    • Foundation Details: Slab

    • Direction Faces: West

    • Living Area: 2160

    • Water Source: None

    • Lot Size Dimensions: 45 x 97

    • Subdivision Name: SPRING GARDENS SUB

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33711
222
median $349K
Active
Same city
ST PETERSBURG
2,695
median $450K
Active
Same type
Commercial
69
median $729K
Active
Similar price
$349K – $649K
787
median $475K
Active

The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: INSTA REAL ESTATE SOLUTIONS