Residential Property - Single Family Residence in St Petersburg
Listing Price: $445,000 (Mortgage Calculator →)
Description of Property
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 main residence 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 in-law suite, 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 At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: St Petersburg
County: Pinellas
Subdivision: Bayou View
Bedrooms: 4
Bathrooms: 3
Sq. Ft. Gross: 1,594
Sq. Ft. Living Area: 1,594
Cost per (heated) sqare foot: $279
Year built: 1953
Annual Tax: $3,744
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Appliances: Washer
Flooring: Vinyl
Pool & Waterfront Info
Private Pool: Not specified
Exterior & Construction
Construction: Block
Foundation: Block
Roof: Shingle
Exterior Features: Storage
Floors Total: 1
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Central
Sewer: Public Sewer
Water Source: Public
Lot Information
Lot Size (acres): 0.15
Lot Size (sq. ft.): 6,390 square feet
Lot Dimensions: 50 x 127
Front Exposure: East
Legal Description & Other Information
Financing Available: VA Loan
Parcel Number: 063217039240000210
Tax Legal Desc.: BAYOU VIEW LOT 21
Section: 6
Range: 17
Listing courtesy of MIRANDA LANDA REALTY GROUP LLC. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.