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427 40th Avenue SSt Petersburg, FL, 33705

4beds
3baths
1,594sqft
Single Family Residence
Built in 1953
$415,500
For sale
$450,000−$34,500 (8%)
Price per sqft
$261
Days on market
104
Listed
Jul 10
Last increase
+$500
Oct 13, 2026
MLS #TB8526439Updated Oct 13, 2026

About this property

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.

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Property details

Property type
Single Family Residence
Street address
427 40th Avenue S
City
St Petersburg
State
FL
ZIP code
33705
Year built
1953
New construction
No
Faces
East
Rooms
4
Building stories
1
Living area
1,594 sqft
Total building area
1,594 sqft
Levels
One

Stellar MLSThe data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of Stellar MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; the availability of any listing should always be independently verified. Listing information is provided for consumers' personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.Stellar (MFR) data last updated at October 20, 2026 at 8:01 AM EDT

Price & sale history

Asking price reduced by $34,500 (7.7%) since first listed.

EventPrice
Price reducedMLS #TB8526439$415,500Change: −7.7%−$34,500
Listed for saleMLS #TB8526439$450,000
History may be incomplete.
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