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$685,000

  • For Sale
  • Active
  • Multi-Family
  • 8 Units
  • 0.17 Acres
  • Updated 5 days ago
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Rare opportunity to own a building with 8 units. Central location in Lealman that is located in a non evacuation & non flood zone.. Block construction and built in 1982. Roof was replaced in 2013 Electric and some plumbing has been updated. Long time month to month tenants currently occupy the property and the units are currently rented at a price that is well below the local market. The street was recently redone including new sidewalk. The landlord uses the oversized 1 car garage for storage. Landlord pays all utilities. Estimated monthly utilities Electric $660, Water, Sewer & Trash $300, Cable $183, Gas $60. Two central A/C units provide heat and air. There is natural gas for the two hot water tanks , gas heat and the gas range in unit #8. This property has lots of potential to grow the current income stream.

Full Property Details for 4631 40th St N

General

  • Price: $685,000
  • Taxes: $7,780 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: MidFloridaRegionalMLS
  • MLS ID: TB8412584
  • Updated: 1/13/2026
  • Added to Site: 171 day(s) ago

Interior

  • Interior Features: Ceiling Fan(s)
  • Appliances: Microwave, Refrigerator
  • Flooring: Tile

Rooms

Bathrooms

  • Total Bathrooms: 8

Bedrooms

  • Total Bedrooms: 8

Exterior

  • Exterior Features: Other

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 1
  • Covered Spaces: 1

Location

  • Area: 33714 - St Pete
  • County: Pinellas
  • Development Name: 33714 - St Pete
  • Subdivision: WILSONS REP
  • Driving Directions: Take 38th Ave West from US 19 34th Street N. Got to 40th Street and make a right. Go up 40th Street jaust past 46th Ave the property will be on the right hand side.

Community

  • Community Name: 33714 - St Pete

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central, Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Cable Connected, Fire Hydrant, Sewer Connected

Structural Information

  • # Buildings: 1
  • Exterior Const.: Block, Wood Frame (FSC Certified)
  • Roof: Shingle
  • Common Walls: Corner Unit
  • Stories/Levels: One
  • Square Feet: 2,409
  • Sq. Ft. Source: Public Records
  • Year Built: 1982

Lot Features

  • Lot Size (Acres): 0.17
  • Lot Size (Sq. Ft.): 7,488
  • Lot Size: 7488
  • Lot Dimensions: 59 x 100
  • Street/Road Desc.: Asphalt

Financial Considerations

  • Tax Amount: $7,780.87
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: WILSON'S REPLAT LOTS 1 AND 2
  • Flood Zone Info: X
  • APN: 33116982260000010
  • Property ID: 33116982260000010

Listed by Re/Max Action First Of Florida

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— 4631 40th St N —

  • Re/Max Action First Of Florida

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 4631 40th St N

School District:Pinellas County School District
NameGradesDistance
Blanton Elementary School
6400 54th Ave N, St. Petersburg, FL 33709
PK-52.3 mi
Tyrone Middle School
6421 22nd Ave N, St. Petersburg, FL 33710
6-82.8 mi
Dixie M. Hollins High School
4940 62nd Street North, Kenneth City, FL 33709
9-122.1 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 4631 40th St N Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/01/2025
Listed
$685,000
522.73%
MLS
11/20/1998
Sold
$110,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 4631 40th St N

Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,433
8%
$470,000
2%
2024
$7,781
9%
$460,000
15%
2023
$7,107
22%
$400,000
55%
2021
$5,826
-9%
$258,500
-18%
2022
$6,368
9%
$315,000
31%
2021
$5,826
25%
$239,951
28%
2019
$4,644
8%
$187,550
10%
2018
$4,290
9%
$170,500
10%
2017
$3,943
11%
$155,000
7%
2016
$3,553
6%
$145,000
9%
2015
$3,347
2%
$133,000
3%
2014
$3,270
-1%
$129,100
-1%
2013
$3,314
—
$130,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Re/Max Action First Of Florida

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4631 40th Street N, Saint Petersburg, FL 33714 (MLS# TB8412584) is a Multi-Family property with 8 units containing 8 bedrooms and 0 full bathrooms. 4631 40th Street N is currently listed for $685,000 and was received on August 01, 2025. Want to learn more about 4631 40th Street N? Do you have questions about finding other Multi-Family 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.

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