$48,000

About this home

FOR SALE OR LEASE – Fully Renovated Mixed-Use Live/Work Property in South St. Petersburg. 1200 40th St S offers approximately 2,160 SF plus a detached 2-car garage/storage building. The property includes 1,080 SF of ground-floor office/commercial space and a 1,080 SF 3-bedroom/1-bath apartment upstairs, creating an excellent opportunity for an owner-user, small business, investor, or live/work occupant. Recent renovations include two HVAC systems, hot water heaters, updated electrical, flooring, cabinets, appliances, and a roof installed in 2020. Residential and commercial spaces have separate electric meters. The detached garage was constructed in 2013 and provides additional storage, workspace, or business utility. Corner lot with fenced outdoor area, alley access and 6+ parking spaces. Convenient access to Downtown St. Petersburg, Gulfport, I-275, beaches, Stetson University and major employment centers. Sale Price: $439,999. Owner financing available. Lease: $4,000/month Modified Gross for the entire property. Landlord pays taxes and insurance; tenant pays utilities and maintenance. 1–3 year lease terms and option-to-buy opportunity available.

Property details

MLS #

MFRTB8537460

Property type

Mixed Use

Subdivision

SPRING GARDENS SUB

Status

Active

Days on market

N/A

On market date

August 13, 2026

Stories

N/A

Total bathrooms

N/A

Garage spaces

N/A

Parking spaces

N/A

Lot size

0.09 acres

Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).