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 front unit 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 unit, with laundry 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.
| MLS # | TB8528017 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | For-sale |
| Status | Active |
| Year | 1953 |
| Days On Site | 100 |
| Listing Provided By | MIRANDA LANDA REALTY GROUP LLC | Leidy Gonzalez Reyes |
| Bed(s) | 4 |
|---|---|
| Bath(s) | 3 |
| SQ Feet | 1,594 |
| Story(s) | 1 |
| Units | 4 |
| Acreage | 0.15 |
| Property | 3743 |
|---|
| State | FL |
|---|---|
| County | Pinellas |
| City | ST PETERSBURG |
| Zip Code | 33705 |
| Area | 33705 St Pete |
| Community Name | BAYOU VIEW |
| Listing VS Median (in BAYOU VIEW) | |
Price: $415,500 low | high Med: $365,250 sqft: 1,594 low | high Med: 1,361 $ / sqft: $261 low | high Med: $270 On site: 100 low | high Med: 51 | |
| State | FL |
|---|---|
| County | Pinellas |
| City | ST PETERSBURG |
| Zip Code | 33705 |
| Area | 33705 St Pete |
| Community Name | BAYOU VIEW |
| Listing VS Median (in BAYOU VIEW) | |
Price: $415,500 low | high Med: $365,250 sqft: 1,594 low | high Med: 1,361 $ / sqft: $261 low | high Med: $270 On site: 100 low | high Med: 51 | |