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1200 40TH ST S St Petersburg, FL 33711
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 2,160 sqft
Price per Sqft $203
Subdivision Spring Gardens Sub
MLS Listing ID TB8494789
HOA Y/N No
Year Built 1949
Annual Tax Amount $3,485
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 45x97
Property Sub-Type Mixed Use
Source Stellar MLS
Property Description
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.
Location
State FL
County Pinellas
Community Spring Gardens Sub
Area 33711 - St Pete/Gulfport
Direction S
Interior
Heating Central
Cooling Central Air
Flooring Ceramic Tile, Luxury Vinyl
Appliance Microwave, Refrigerator
Exterior
Utilities Available Electricity Available
View Y/N No
Water Access No
Exposure West
Building
Story 2
Entry Level Two
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water None
Structure Type Stucco
New Construction false
Others
Ownership Fee Simple
Acceptable Financing Cash, Commercial Financing, Owner Financing, Private Financing Available
Listing Terms Cash, Commercial Financing, Owner Financing, Private Financing Available
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8494789
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