Completely Remodeled | Income-Producing Opportunity | Priced Below Appraised Value!
Discover the perfect blend of modern living and investment potential at 427 40th Ave S, St. Petersburg. This beautifully renovated property offers exceptional flexibility for homeowners, investors, or multi-generational living, all in a prime location just minutes from Downtown St. Petersburg.
The front unit features 2 bedrooms and 1 bathroom, plus a private efficiency/studio complete with its own bedroom, bathroom, and living area—ideal for guests, extended family, or rental income.
Adding even more value, the property includes a detached one-bedroom, one-bath unit, with laundry, providing another excellent opportunity for additional rental income, a private guest house, or a home office.
Major upgrades have already been completed for peace of mind, including a new roof, HVAC system, water heater, and plumbing—all completed in 2025. Every space has been thoughtfully remodeled with modern finishes, making this property truly move-in ready.
Conveniently located just minutes from Downtown St. Petersburg, local restaurants, shopping, waterfront parks, hospitals, and the award-winning Gulf beaches, you'll enjoy easy access to everything this vibrant city has to offer.
Whether you're looking to offset your mortgage with rental income, accommodate extended family, or expand your investment portfolio, this one-of-a-kind property delivers outstanding versatility and value. Best of all, it is priced below its appraised value, making it an incredible opportunity you won't want to miss.
Property Details
- Interior
- Ceiling Fans(s), Eat-in Kitchen
- Heating
- Central
- Cooling Features
- Central Air
- Bedrooms
- 4
- Bathrooms
- 3.0
- Full Baths
- 3
- Stories
- 1
- Exterior Materials
- Sidewalk, Storage
- Acres
- 0.15
- Square Feet
- 1594.0
- Property Type
- Purchase
- Year Built
- 1953
- Foundation
- Block
- Roof
- Shingle
- Sewer Information
- Public Sewer
- Utility Source
- Public
- Utility Features
- Cable Available, Electricity Connected
- Appliances
- Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
- Subdivision
- BAYOU VIEW
- Community Features
- Street Lights
- County
- Pinellas
- Region
- ST PETERSBURG
- Original List Price
- $450,000
- Days on Market (Cumulative)
- 61
- Taxes Annual
- $3,743
- Ownership
- Fee Simple
- MLS #
- TB8526439
- Property Subtype
- Single Family Residence
- Parcel Number
- 06-32-17-03924-000-0210
- MLS #
- TB8526439
- Date Listed
- July 06, 2026
- Address
- 427 40TH AVENUE S
Location
Legal
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: George Fleischmann | AveNew Realty
Provided By
Listed by Leidy Gonzalez Reyes (#MFR261565883)
Listing Office: MIRANDA LANDA REALTY GROUP LLC (#MFR260061604)
