Active
427 40TH Ave S, St Petersburg, FL 33705
MLS TB8526439
$425,000
Est. $2,326/mo principal and interest at 7.28% with 20% down
4 bd · 3.0 ba · 1,594 sqft · Single Family Residence
About this home
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.
Key facts
- Type
- Single Family Residence
- Size
- 1,594 sqft
- Bedrooms
- 4
- Bathrooms
- 3.0
- Avg. price per sqft
- $267
- County
- Pinellas
- MLS number
- TB8526439
- Status
- Active
- Property address
- 427 40TH Ave S, St Petersburg, FL 33705
Where is this home?
Common questions
How much is 427 40TH Ave S, St Petersburg, FL 33705 listed for?
427 40TH Ave S, St Petersburg, FL 33705 in St Petersburg, FL is listed at $425,000 (about $2,326/mo principal and interest at 7.28% with 20% down).
How many bedrooms and bathrooms does 427 40TH Ave S, St Petersburg, FL 33705 have?
427 40TH Ave S, St Petersburg, FL 33705 has 4 bedrooms, 3.0 bathrooms, and 1,594 square feet.
Who can show 427 40TH Ave S, St Petersburg, FL 33705 in St Petersburg?
Jonathan Loescher is a Tampa Bay Realtor and Loan Originator. He can tour this home, compare nearby listings, and work the financing with you.
Can one advisor handle the home and the loan?
Yes. Jonathan coordinates the listing or home search with loan origination through PMF, Inc. (NMLS 1980) so buyers and sellers work with one Realtor and Loan Originator.
Does Jonathan Loescher originate VA loans in Tampa Bay?
Yes. I originate VA loans through PMF, Inc. for eligible veterans, active-duty service members, and surviving spouses. Many files can close with zero down and no monthly PMI. A funding fee may apply unless you are exempt. Eligibility is confirmed at consult. This is not a promise of approval. PMF, Inc. is not acting on behalf of or at the direction of the VA.
Listing photos remain with the listing broker and photographer. Not licensed for reuse from this site.