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PRICE $950,000 dsIDX morgage calculator
BEDS 11
BATHS 19
HOME SIZE 4,954 sqft
LOT SIZE 40,511 sqft

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.

DAYS ON MARKET 107 LAST UPDATED 7/25/2025
TRACT 520000-520000 YEAR BUILT 1969
COMMUNITY 33714 - St Pete COUNTY Pinellas
STATUS Sold PROPERTY TYPE(S) Multi Family

SCHOOLS
Elementary School New Heights Elementary-PN
Jr. High School Tyrone Middle-PN
High School St. Petersburg High-PN

PRICE HISTORY
Prior to Apr 30, '25 $1,100,000
Apr 30, '25 - Today $1,075,000


ADDITIONAL DETAILS
AIR Wall/Window Unit(s)
AIR CONDITIONING Yes
AREA 33714 - St Pete
CONSTRUCTION Block, Frame, Stucco
EXTERIOR Storage
HEAT Ductless
INTERIOR Eat-in Kitchen
LOT 0.93 acre(s)
LOT DESCRIPTION Level, Paved
LOT DIMENSIONS 150x265
SEWER Public Sewer
SUBDIVISION 520000-520000
TAXES 11982.5
UTILITIES Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected
VIEW Yes
VIEW DESCRIPTION Trees/Woods
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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CONTACT US ABOUT 4480 40TH STREET N
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Listing provided by Jodi Avery, KELLER WILLIAMS REALTY- PALM H, 727-772-0772
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 12/17/25 5:31 PM PST.

This IDX solution is (c) Diverse Solutions 2025.