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Active - Mixed Use for sale
1200 40TH STREET S, St. Petersburg, FL
Facts & features
Why you’ll love it
- Renovated
- Garage
- Fenced yard
- Corner lot
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.
Listed by: Michael Schultz • MSchultzLLC@gmail.com • INSTA REAL ESTATE SOLUTIONS
Co-listed by: INSTA REAL ESTATE SOLUTIONS
Source: Stellar MLS as distributed by MLS GRID, MLS#: TB8537460
Based on information as of Jun 01, 2026 at 02:21pm EDT.
Come see by yourself
Affordability
$533/mo
- Mortgage$243
- Property tax$290
- HOA fee
- Homeowners insurance
Beycome estimates only. Actual amounts and terms vary by lender and location.
Discover the neighborhood
Travel times
About Spring Gardens Sub
AI-generated overview for informational purposes only.
Please verify all details independently before relying on it.
Flood & climate risk
FEMA Flood Zone X
Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.
More details
Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.
Fire
Storm
Air quality
Pollen
Disclaimer
Based on information submitted to the MLS GRID as of Jun 01, 2026 at 02:21pm EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
