427 40th Avenue S, St Petersburg, FL 33705

$450,000
4
BD
3
BA
1,594
SqFt

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List Price
$450,000
Status
Active
Days on Market
17
MLS#
TB8528017
Property Style
Duplex
Year Built
1953
Bedrooms
4
Bathrooms
3
Living Area
1,594
Lot Size
6,390
Acres
0.15
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Bayou View
MLS Area Major
St Pete

Property Description

Completely Remodeled | Income-Producing Opportunity | Priced Below Appraised Value! Discover the perfect blend of modern living and investment potential at 427 40th Ave S, St. Petersburg. This beautifully renovated property offers exceptional flexibility for homeowners, investors, or multi-generational living, all in a prime location just minutes from Downtown St. Petersburg. The main residence features 2 bedrooms and 1 bathroom, plus a private efficiency/studio complete with its own bedroom, bathroom, and living area—ideal for guests, extended family, or rental income. Adding even more value, the property includes a detached one-bedroom, one-bath in-law suite, providing another excellent opportunity for additional rental income, a private guest house, or a home office. Major upgrades have already been completed for peace of mind, including a new roof, HVAC system, water heater, and plumbing—all completed in 2025. Every space has been thoughtfully remodeled with modern finishes, making this property truly move-in ready. Conveniently located just minutes from Downtown St. Petersburg, local restaurants, shopping, waterfront parks, hospitals, and the award-winning Gulf beaches, you'll enjoy easy access to everything this vibrant city has to offer. Whether you're looking to offset your mortgage with rental income, accommodate extended family, or expand your investment portfolio, this one-of-a-kind property delivers outstanding versatility and value. Best of all, it is priced below its appraised value, making it an incredible opportunity you won't want to miss.

Additional Information

Taxes
$3743
Minimum Lease
No Minimum
Annual Gross Income
60600
Community Features
Street Lights, No Deed Restriction
Property Description
One Story
Interior Layout
Ceiling Fans(s), Eat-in Kitchen
Interior Features
Ceiling Fans(s), Eat-in Kitchen
Floor
Ceramic Tile
Appliances
Dryer, Microwave, Range, Refrigerator, Washer
Utilities
Cable Available, Electricity Available
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Block
Exterior Features
Sidewalk, Storage
Roof
Shingle
Foundation
Block
Pool
No Pool
Flood Zone Code
AE
Parcel ID
06-32-17-03924-000-0210
Legal Description
BAYOU VIEW LOT 21

Listing courtesy of MIRANDA LANDA REALTY GROUP LLC. 727-554-8198

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Calculator source: Real Geeks

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