1200 40th Street S, St Petersburg, FL 33711
- $450,000
- 2,160
- SqFt
- List Price
- $450,000
- Status
- Active
- Days on Market
- 111
- Price Change
- ▲ $1 1782181618
- MLS#
- TB8494789
- Property Style
- Mixed Use
- Year Built
- 1949
- Living Area
- 2,160
- Lot Size
- 4,347
- Acres
- 0.09
- Total Acreage
- 0 to less than 1/4
- Legal Subdivision Name
- Spring Gardens Sub
- MLS Area Major
- St Pete/Gulfport
Property Description
OWNER FINANCING AVAILABLE Purchase Price: $450,000 Terms: • $200,000 Down Payment • Seller Financing of $250,000 • 7.0% Interest Rate • Principal & Interest Payments • 30-Year Amortization • 3-Year Balloon Note Monthly Payment: $1,663.26 (Principal & Interest) Remaining balance due at the end of 36 months. Subject to buyer qualification and final loan documents. Fully renovated mixed-use opportunity in South St. Petersburg featuring a 3-bedroom, 1-bath apartment upstairs, 1,080 SF office/commercial space downstairs, and a detached 2-car garage/storage building. Ideal for an owner-user, investor, or live/work setup with flexible occupancy options and strong income potential. Recent improvements include new HVAC, new hot water heaters, updated electrical, new flooring, new cabinets, new appliances, and a new roof in 2020. The property also offers separate electric meters for each unit and a detached garage built in 2013 to newer code standards. Move-in ready and positioned for a variety of residential/commercial use scenarios.
Additional Information
- Taxes Annual
- $3485
- Annual Gross Income
- 63600
- Community Features
- No Deed Restriction
- Property Description
- Two Story
- Floor
- Ceramic Tile, Luxury Vinyl
- Appliances
- Microwave, Refrigerator
- Utilities
- Electricity Available
- Heating
- Central
- Air Conditioning
- Central Air
- Exterior Construction
- Stucco
- Foundation
- Slab
- Pool
- No Pool
- Flood Zone Code
- X
- Parcel ID
- 27-31-16-84834-000-0030
- Legal Description
- SPRING GARDENS SUB LOT 3
Listing courtesy of INSTA REAL ESTATE SOLUTIONS. 813-586-0654
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