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$1,269,000
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Property Description
"Lagoona Beach" - Like a page out of HGTV, this extraordinary single-story resort-style income-producing property was built in 2018 and boasts the most incredible lagoon-style pool you've ever seen for a private residence! Currently used as an active AirBNB, the income potential has been extremely successful. Upon entering the home, you will notice high ceilings that allow the rooms to be flooded with an abundance of natural light. The stunning pool view from the interior of the home creates a resort-feel from every window and door. The open floor plan design includes 2650 sqft of living space with 5 bedrooms, 3 full bathrooms, and 2 bedrooms offering en-suite bathrooms with lavish walk-in showers. 3 of the bedrooms are located at the front of the house and share a hallway bathroom with a tub-shower combo. The lavish primary bedroom at the rear of the home has French doors that lead directly to the pool and entertainment area of the yard. The bedroom includes a stunning en-suite bathroom with a large walk-in shower and jetted jacuzzi tub, dual vanities, and a large walk-in closet. The central portion of the home includes the dining room, kitchen, and great room with all bedrooms coming off the central area. The stunning kitchen is the heart of the home with a showstopping luxury design with abundant cabinet and storage options. The convenient laundry room off the main entrance hall offers convenience and additional storage. The real showstopper is the backyard and pool area, creating your own personal oasis. The lagoon-style heated pool is unparalleled in design, creating a resort-style feel. Additional features include a spa and tiki bar with low maintenance and a water-saving landscape design. Located just a short drive from the stunning Gulf beaches and the convenience of shopping and dining in the area, with all the fun and excitement of Downtown St. Pete within a 15-minute drive, the location is ideal for a successful rental property. This property is a turn-key property being sold completely furnished with current AirBNB Management, cleaning services, and scheduling for all guest needs. Located in a non-flood zone. Both TPA (Tampa International Airport) and PIE (St. Pete Clearwater Airport) are located within a 30-minute drive. **BONUS ** The additional lot adjacent to the property is undeveloped and can be redesigned to include an ADU, a multi-car garage with ADU, or even the possibilities of tiny homes to create a truly exciting and exclusive compound to take advantage of the massive lot next to the home.
Full Property Details
Full Property Details for 7701 40th Terrace N
General
- Sold For: $1,269,000
- Taxes: $15,216 (2024)
- Status: Closed
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: TB8336156
- Added to Site: 371 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 8
- Interior Features: Ceiling Fan(s), Eating Space In Kitchen, High Ceilings, Kitchen and Family Room Combination, Open Floorplan, Primary Bedroom Main Floor, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s)
- Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer
- Furnishings: Furnished
- Flooring: Luxury Vinyl
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: Inside, Laundry Room
Additional Information
- Pool: Yes
- Private Pool: Yes
- Pool Description: Heated, In Ground, Lighting
- Spa: Yes
- Spa Description: In Ground
Exterior
- Exterior Features: French Doors, Lighting, Private Mailbox
- Deck/Patio: Patio
- Porch/Patio/Deck: Patio
Parking
- Parking Features: Boat, Driveway, On Street, RV Parking
Location
- Area: 33709 - St Pete/Kenneth City
- County: Pinellas
- Development Name: 33709 - St Pete/Kenneth City
- Subdivision: SCHUETT SUB
- Driving Directions: Heading north on 66th St N, turn left onto 38th Ave N. Turn right onto 78th St N. Turn right onto 40th Terr N. Property is located at the end of the cul-de-sac.
- Direction Faces: West
School Information
- Elementary School: Seventy-Fourth St. Elem-PN
- Middle School: Azalea Middle-PN
- High School: Dixie Hollins High-PN
Community
- Community Name: 33709 - St Pete/Kenneth City
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Sewer Connected, Water Connected
Structural Information
- Architectural Info: Florida
- Architectural Style: Florida
- Exterior Const.: Block, Stucco
- Roof: Metal
- Windows: Blinds, Storm Window(s)
- Stories/Levels: One
- Square Feet: 2,640
- Sq. Ft. Source: Public Records
- Living Area: 2,640 Sq. Ft.
- Year Built: 2018
Lot Features
- Property View: Pool
- Lot Size (Acres): 0.72
- Lot Size (Sq. Ft.): 31,468
- Lot Size: 31468
- Lot Dimensions: 128 x 196
- Frontage: Street Paved
- Street/Road Desc.: Paved
- Fencing (Description): Wood
Financial Considerations
- Tax Amount: $15,216
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: SCHUETT SUB LOT 9 TOGETHER WITH THAT PART OF PINELLAS FARMS S 1/2 OF N 1/2 OF FARM 56 LYING E OF SCHUETT SUB
- Flood Zone Info: X
- APN: 63116791100000090
- Property ID: 63116791100000090
Listed by Compass Florida Llc
Sold by Keller Williams Tampa Prop.
Get Pre-Approved Today
Schools
Schools serving 7701 40th Terrace N
School District:Pinellas County School District
| Name | Grades | Distance |
|---|---|---|
Seventy-Fourth St. Elementary School 3801 74th St N, St. Petersburg, FL 33709 | PK-5 | 0.3 mi |
Azalea Middle School 7855 22nd Ave N, St. Petersburg, FL 33710 | 6-8 | 1.1 mi |
Dixie M. Hollins High School 4940 62nd Street North, Kenneth City, FL 33709 | 9-12 | 1.4 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 7701 40th Terrace N
Date
Details
Price
Change
Source
3/28/2025
Sold
$1,269,000
—
MLS
2/14/2025
Listed
$1,269,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
7701 40th Terrace N, Saint Petersburg, FL 33709 (MLS# TB8336156) is a Single Family property that was sold at $1,269,000 on March 28, 2025. Want to learn more about 7701 40th Terrace N? Do you have questions about finding other Single 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.

