515 40th Avenue South

St. Petersburg, FL 33705

$225,000
Price
4
Beds
2
Baths
1,520 Sq. Ft.
$148 / Sq. Ft.
1,520
Sq. Ft.
$148
per Sq. Ft.

Description

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...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!
  1. Listed by Rebecca Collins • TREASURED HOME COLLECTION
    P: (727)-251-9235 C: (727)-251-9235 pictureitsoldpinellas@gmail.com

Property Details for 515 40th Avenue South

Subdivision Name
BAYOU VIEW
Township
32
View
Trees/Woods
Waterfront
No
LISTING UPDATED: 12/27/2024 06:49 AM

Property Details for 515 40th Avenue South

StatusActive
MLS #TB8332557
Days on Market2
Taxes$3,230 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1925
Lot Size0.14 AC / 6,242 SF
CountyPinellas County

Building Information for 515 40th Avenue South

Stories-Residences2Year Built1925Building Size-Lot Size0.14 AC / 6,242 SF

Property Information for 515 40th Avenue South

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 1520.0
  • Building Area Units: Square Feet
  • Directions: From downtown St Pete, head west toward 5th St N, turn right onto 5th St N, turn right onto 3rd Ave N, turn right onto 4th St N, and turn left onto 40th Ave S The destination will be on the left
  • Elementary School: Lakewood Elementary-PN
  • Middle Or Junior School: Bay Point Middle-PN
  • High School: Lakewood High-PN
  • Mls Major Change Type: New Listing
  • Major Change Type: New Listing
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 515
  • Street Name: 40th
  • Street Suffix: AVENUE
  • Street Direction Suffix: S
  • State: FL
  • City: SAINT PETERSBURG
Parking
  • Carport: No
  • Garage: No
  • Parking Features: Boat, Common, Curb Parking, Driveway, Off Street, On Street, RV Parking
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Pet Restrictions: None; see St Petersburg rules and regulations regarding pets
  • Tax Block: ?
  • Tax Book Number: 3-3
  • Tax Legal Description: BAYOU VIEW LOT 15
  • Tax Lot: 15
  • Tax Year: 2024
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Lot Features: Flood Insurance Required, FloodZone, City Lot
  • Lot Size Dimensions: 50 x 127
  • Parcel Number: 063217039240000150
  • Total Acreage: 0 to less than 1/4
  • Total Num Buildings: 1
  • Water Access: No
  • Water Extras: No
  • Living Area: 1520
  • Lot Dimensions: 50 x 127
Property and Assessments
  • Year Built Numeric: 1925
  • Flood Zone Code: AE
  • Homestead: No
  • New Construction: No
  • Property Condition: Fixer
  • Public Survey Range: 17
  • Public Survey Section: 06
  • Dock YN: No
Utilities
  • Sewer: Public Sewer
  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Public, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block
  • Exterior Features: Fenced, Private Mailbox, Storage
  • Foundation Details: Slab
  • Levels: Multi/Split
  • Other Structures: Storage
  • Patio And Porch Features: Covered, Side Porch
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Security Features: Smoke Detector(s)
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 4
  • Additional Rooms: Storage Rooms
  • Appliances: Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • Cooling: Central Air
  • Fireplace: No
  • Flooring: Concrete
  • Heating: Central
  • Interior Features: Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Thermostat, Window Treatments
  • Laundry Features: Inside, Laundry Room
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No
  • Window Features: Drapes
Multi Family
Multi-Family Information
  • Annual Net Income: $10,800.00
  • Unit Count: 1
Rental
Rental Information
  • Tenant Pays: Electricity, Sewer, Trash Collection, Water
  • Total Actual Rent: $900
  • Pets Allowed: Yes

Property History for 515 40th Avenue South

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 515 40th Avenue South

Taxable ValueLand-Additions-Total-
Tax Record2023$2,958 ($246 / month)
Home Facts
Baths2Total Finished SqFt1,520 SqFtAbove Grade Finished SqFt1,520 SqFtStories2Lot Size6,242 SqFtStyleDuplexYear Built1925Year Renovated1973CountyPINELLASAPN06-32-17-03924-000-0150

Schools near 515 40th Avenue South

This home is within Pinellas.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Lakewood Elementary School
PublicPK to 5

Bay Point Middle School
Public6 to 8

Lakewood High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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515 40th Avenue South is a multi-family home for sale in St. Petersburg, FL 33705. This property was listed for sale on December 26, 2024 by TREASURED HOME COLLECTION, it's currently listed at $225,000. It has been on the market for a total of 2 days and was last sold on July 19, 2004. This listing's school district is Pinellas. Nearby schools include Lakewood Elementary School, Bay Point Middle School and Lakewood High School. 515 40th Avenue South is a 4-bed, 2-bath, 1,520 sqft multi-family home built in 1925.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of TREASURED HOME COLLECTION, Rebecca Collins

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 12/27/2024 06:49 AM