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Sold for $220,000 on 01/14/25
  • $220,000

    515 40th Ave S, Saint Petersburg, FL 33705

    2beds
    1baths
    1,520sqft
    Duplex, Multi Family
    Built in 1925
    -- sqft lot
    $211,400 Zestimate®
    $145/sqft
    $2,214 Estimated rent

    What's special

    Don't miss this fantastic investment opportunity… A charming duplex just 3 miles from downtown St Pete! This property has a beautiful banyan tree in the backyard. One unit is upstairs, and the other is downstairs, providing plenty of privacy for both tenants. Each unit has two bedrooms and one bath, each with laundry hookups. The first-floor unit had water enter during hurricane Helene on 9/24/2024 and has been remediated. There is a storage shed attached to the home for extra storage space. Live in one unit, rent out the other, or rent out both for maximum income. The upstairs unit is currently rented until December 31st, with the landlord collecting $900 a month since 2015. Comparable units in the area rent for $1,300 a month, offering a great income opportunity. This AS-IS property includes central AC & heat and is located under 2 miles from Lassing Park and the beach and 2 1/2 miles to I175. This is a perfect deal for investors or those looking to maximize their investment potential!

    Zillow last checked: 7 hours ago

    Listing updated: June 09, 2025 at 06:27pm

    Listing Provided by:

    Rebecca Collins 727-251-9235,

    TREASURED HOME COLLECTION 727-210-3282

    Bought with:

    Gabriel Graham, 3352025

    REALTY EXPERTS

    Source: Stellar MLS,MLS#: TB8332557MLS LogoOriginating MLS: Suncoast Tampa

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Electric Water Heater, Range, Refrigerator, Washer
    • Laundry: Inside, Laundry Room
    Features
    • Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Thermostat
    • Flooring: Concrete
    • Windows: Drapes, Window Treatments
    • Has fireplace: No
    Interior area
    • Total structure area: 1,520
    • Total interior livable area: 1,520 sqft

    Property

    Parking
    • Parking features: Boat, Common, Curb Parking, Driveway, Off Street, On Street, RV Access/Parking
    • Has uncovered spaces: Yes
    Features
    • Levels: Multi/Split
    • Patio & porch: Covered, Side Porch
    • Exterior features: Private Mailbox, Storage
    • Fencing: Fenced
    • Has view: Yes
    • View description: Trees/Woods
    Lot
    • Size: 6,242 sqft
    • Dimensions: 50 x 127
    • Features: Flood Insurance Required, FloodZone, City Lot
    Details
    • Additional structures: Storage
    • Parcel number: 063217039240000150
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex, Multi Family
    Materials
    • Block
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • Fixer
    • New construction: No
    • Year built: 1925

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Public, Sewer Available, Sewer Connected, Water Available, Water Connected

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s)
    Location
    • Region: Saint Petersburg
    • Subdivision: BAYOU VIEW

    HOA & financial

    HOA
    • Has HOA: No
    Other fees
    • Pet fee: $0 monthly
    Other financial information
    • Total actual rent: 900

    Other

    Other facts
    • Listing terms: Cash,Other
    • Ownership: Fee Simple
    • Road surface type: Paved
    Services availability
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    Estimated market value

    $211,400