OWNER FINANCING AVAILABLE
Purchase Price: $450,000
Terms:
• $200,000 Down Payment
• Seller Financing of $250,000
• 7.0% Interest Rate
• Principal & Interest Payments
• 30-Year Amortization
• 3-Year Balloon Note
Monthly Payment: $1,663.26 (Principal & Interest)
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.
Purchase Price: $450,000
Terms:
• $200,000 Down Payment
• Seller Financing of $250,000
• 7.0% Interest Rate
• Principal & Interest Payments
• 30-Year Amortization
• 3-Year Balloon Note
Monthly Payment: $1,663.26 (Principal & Interest)
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.
Property Details
Price:
$439,999
MLS #:
TB8494789
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Mixed Use
Subdivision:
SPRING GARDENS SUB
Neighborhood:
33711stpetegulfport
Listed Date:
Apr 7, 2026
Finished Sq Ft:
2,160
Total Sq Ft:
2,160
Lot Size:
4,347 sqft / 0.09 acres (approx)
Year Built:
1949
See this Listing
Schools
Interior
Appliances
Microwave, Refrigerator
Cooling
Central Air
Flooring
Ceramic Tile, Luxury Vinyl
Heating
Central Building
Levels
Two
Exterior
Construction Materials
Stucco
Direction Faces
West
Security Features
Smoke Detector(s)
Financial
Tax Year
2025
Taxes
$3,486
Map
Community
- Address1200 40TH STREET S ST PETERSBURG FL
- SubdivisionSPRING GARDENS SUB
- CityST PETERSBURG
- CountyPinellas
- Zip Code33711
Subdivisions in ST PETERSBURG
Market Summary
Current real estate data for Commercial in ST PETERSBURG as of Aug 29, 2026
59
Commercial Listed
205
Avg DOM
390
Avg $ / SqFt
$1,465,478
Avg List Price
Property Summary
- Located in the SPRING GARDENS SUB subdivision, 1200 40TH STREET S ST PETERSBURG FL is a Commercial for sale in ST PETERSBURG, FL, 33711. It is listed for $439,999 To schedule a showing of MLS#tb8494789 at 1200 40TH STREET S in ST PETERSBURG, FL, contact your InvestPro Properties, Inc. agent at 561-203-7022.
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Courtesy of INSTA REAL ESTATE SOLUTIONS. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than InvestPro Properties, Inc. include the name of the listing broker. Neither the listing company nor InvestPro Properties, Inc. shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Orlando/Tampa – FL. All rights reserved. 1200 40TH STREET S
ST PETERSBURG, FL