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.… Read More 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. Read Less
Courtesy of MIRANDA LANDA REALTY GROUP LLC 727-554-8198
Listing Snapshot
Days Online
17
Last Updated
Property Type
Duplex
Beds
4
Square Ft.
1,594
Lot Size
0.15 Acres
Year Built
1953
MLS Number
TB8528017
Additional Details
Property Access
Road Surface: Paved
Appliances & Equipment
Dryer, Microwave, Range, Refrigerator, Washer
Building
Built in 1953, Living area: 1594, Living area units: Square Feet, Levels: One, Construction Materials: Block
Community
Street Lights
Cooling
Central Air
Exterior Features
Sidewalk, Storage
Floors
Ceramic Tile
Foundation
Block
Heating
Central
Income
Gross Income: $60,600
Interior Features
Ceiling Fans(s), Eat-in Kitchen
Laundry
In Garage
Lot
0.15 acres, Dimensions: 50x127
Roof
Shingle
Sewer
Public Sewer
Taxes
Additional parcels description:, Parcel Number: 06-32-17-03924-000-0210, Public Survey Range: 17, Public Survey Section: 06, Annual Amount: $3,743.95, Tax Block: 0000, Tax Book Number: 3-3, Legal Description: BAYOU VIEW LOT 21, Lot: 21, Year: 2025
Utilities
Cable Available, Electricity Available, Water Source: Public
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Listings courtesy of Stellar MLS as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively 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. Data is deemed reliable but is not guaranteed by MLS GRID. 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 be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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