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1200 40th Street, FL
Stellar MLS

$440K

1200 40th Street

St Petersburg, FL 33711

Listing updated: September 17, 2026 at 4:46 PM ET

Pending
Stellar MLSListing courtesy of Insta Real Estate Solutions · Michael Schultz · MLS #TB8494789 · Pending · 813-586-0654
2,160
Building SF
0.09
Acres
1949
Built
$203.7
Per SF
Mixed Use$203.7/SF360° tour
Mixed Use

Property type

1949

Year built

2,160 SF

Building size

4,347 sqft

Lot size

$203.7

Price / SF

162

Days on market

Investment & cash flow

$64K
Gross income (Projected)
6.9
GRM
$203.7
Price / SF

Income includes: Rent Only, Storage

Figures provided by the listing broker — verify independently.

About this property

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.

Virtual tour

Facts & features

Property type
Commercial Sale
Sub type
Mixed Use
Status
Pending
Days on market
162
Subdivision
Spring Gardens Sub
County
Pinellas
Year built
1949
Building area
2,160 sq ft
Price/sq ft
$203.7
Lot size
4,347 sq ft
Buildings
2
Stories
2
Electric meters
3
Water meters
1
Road frontage
City Street
Annual taxes
$3K (2025)
Parcel #
27-31-16-84834-000-0030
MLS #
TB8494789

Utilities

Utilities
Electricity Available
Water source
None
Sewer
Public Sewer

Listing details

Listing date
2026-04-06
On market date
2026-04-07
Original list price
$650K
MLS area
33711 - St Pete/Gulfport
Status changed
2026-09-17
Tax legal description
SPRING GARDENS SUB LOT 3

Location

Directions

Take 34th St (Hwy 19) to 12th Ave S and head West. The building will be on the left at the corner on 40th St.

MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of September 17, 2026 at 4:46 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Ryan Solberg, Licensed Real Estate Broker · MaxLife Realty, LLC · FL Lic. #BK3354351 · Equal Housing Opportunity · Terms · DMCA

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1200 40th Street — $440K | MaxLife Commercial