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Property Description
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.
Full Property Details
Full Property Details for 1200 40th St S
General
- Price: $4,000
- Taxes: $3,485 (2025)
- Status: Active
- Type: Commercial Lease
- Source: MidFloridaRegionalMLS
- MLS ID: TB8537460
- Updated: 8/13/2026
- Added to Site: 15 day(s) ago
Rental Information
- Lease/Rent Term: 12 Months
Interior
- Appliances: Microwave, Refrigerator
- Flooring: Ceramic Tile, Luxury Vinyl
Additional Information
- Security/Safety: Smoke Detector(s)
Location
- Area: 33711 - St Pete/Gulfport
- County: Pinellas
- Development Name: 33711 - St Pete/Gulfport
- Subdivision: SPRING GARDENS SUB
- Driving Directions: Take Hwy 19 or 34th St. to 11th Ave S. and head west. Take a left on 40th St. and the property is down one block on the left.
- Direction Faces: West
Community
- Community Name: 33711 - St Pete/Gulfport
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central Building
Utilities
- Sewer: Public Sewer
- Water: None
- Utility Description: Electricity Available
Structural Information
- # Buildings: 2
- Exterior Const.: Stucco
- Ceiling Type: Drywall
- Stories/Levels: Two
- Square Feet: 2,160
- Sq. Ft. Source: Public Records
- Year Built: 1949
Lot Features
- Lot Size (Acres): 0.09
- Lot Size (Sq. Ft.): 4,347
- Lot Size: 4347
- Lot Dimensions: 45 x 97
- Frontage: City Street
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $3,485.96
- Tax Year: 2025
Disclosures and Reports
- Legal Description: SPRING GARDENS SUB LOT 3
- Flood Zone Info: X
- APN: 273116848340000030
- Property ID: 273116848340000030
Listed by Insta Real Estate Solutions
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Schools
Schools serving 1200 40th St S
School District:Pinellas County School District
| Name | Grades | Distance |
|---|---|---|
Fairmount Park Elementary School 575 41st St S, St. Petersburg, FL 33711 | PK-5 | 0.5 mi |
Azalea Middle School 7855 22nd Ave N, St. Petersburg, FL 33710 | 6-8 | 4.4 mi |
Gibbs High School 850 34th St S, St. Petersburg, FL 33711 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1200 40th St S
Date
Details
Price
Change
Source
8/13/2026
Listed
$4,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1200 40th St S
1200 40th Street S, Saint Petersburg, FL 33711 (MLS# TB8537460) is a Commercial Lease property. 1200 40th Street S is currently listed for $4,000 and was received on August 13, 2026. Want to learn more about 1200 40th Street S? Do you have questions about finding other Commercial Lease real estate for sale in Saint Petersburg? You can browse all Saint Petersburg real estate or contact a Coldwell Banker agent to request more information.

