ST PETERSBURG, FL 33714 4480 40TH STREET N
$1,075,000
Sold: Jul 24, 2025
Presented By: KELLER WILLIAMS REALTY- PALM H with 727-772-0772. - 727-772-0772
Home Details
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.
Presented By: KELLER WILLIAMS REALTY- PALM H with 727-772-0772. - 727-772-0772
General for 4480 40TH STREET N
Additional Parcels Y/NNo
Building Area Unitssquare feet
Carport Spaces6
Carport Y/NYes
Cityst petersburg
Close Price950000
Construction Materialsblock, stucco, wood frame
Coolingwall/window unit(s)
Countypinellas
Directionstake 38th ave. north to 40th street. head north to 4480 40th street n. complex is on your left.
Elementary Schoolnew heights elementary-pn
Flood Zone Codex
Flood Zone Code XY
Garage Y/NNo
HOANo
Heatingwall units / window unit
High Schoolst. petersburg high-pn
Land Lease Y/NNo
Legal Descriptionfrom ne cor of sw 1/4 run s 360 ft (s) & w 30 ft for pob th s 150 ft th w 270 ft th n 150 ft th e 270 ft to pob
Listing Termscash, conventional
Living Area Unitssquare feet
Lot Size Square Feet40493
Lot Size Unitssquare feet
MLS Area33714 - st pete
Middle/Junior High Schooltyrone middle-pn
ModificationTimestamp2025-07-25t18:24:22.430z
New ConstructionNo
Number Of Units Total11
Occupancy Typetenant
Ownershipfee simple
Patio/Porch Featuresfront porch, screened
Property Subtypemulti family
Property Typeresidential income
Roofshingle
Senior Community Y/NNo
Sewerpublic sewer
Standard Statusclosed
Statussold
Subdivision Name520000-520000
Tax Annual Amount11982.5
Tax Lot0
Tax Year2024
Tenant Payselectricity, water
Utilitiesbb/hs internet available, cable available, electricity connected, phone available, public, sewer connected, water connected
Viewtrees/woods
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1969
Zoningr-4
Interior for 4480 40TH STREET N
Air Conditioning Y/NYes
Fireplace Y/NNo
Flooringlinoleum, tile, hardwood
Heating Y/NYes
Interior Amenitiesceiling fan(s), eating space in kitchen, primary bedroom main floor
Laundry Featuresnone
LivingAreaSourcepublic records
Total Baths19
Total Bedrooms11
Exterior for 4480 40TH STREET N
Covered Spaces6
Exterior Amenitiesstorage
Foundation Detailsconcrete perimeter
Lot Dimensions150 x 265
Lot Featureslevel
Lot Size Acres0.93
Lot Size Area40493
Number of Buildings6
Private PoolNo
Road Frontage Typestreet paved
Road Responsibilitypublic maintained road
Road Surface Typepaved, asphalt
Water Sourcepublic
Waterfront Y/NNo
Additional Details
Price History
Manny Quiros
REALTOR®
SQFT • 4,954