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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.
| DAYS ON MARKET | 28 | LAST UPDATED | 8/13/2026 |
|---|---|---|---|
| TRACT | SPRING GARDENS SUB | YEAR BUILT | 1949 |
| COMMUNITY | 33711 - St Pete/Gulfport | COUNTY | Pinellas |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Microwave, Refrigerator |
| AREA | 33711 - St Pete/Gulfport |
| CONSTRUCTION | Stucco |
| HEAT | Central |
| LOT | 3920 sq ft |
| LOT DIMENSIONS | 45x97 |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | SPRING GARDENS SUB |
| TAXES | 3485.96 |
| UTILITIES | Electricity Available |
| WATER | None |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Michael Schultz, INSTA REAL ESTATE SOLUTIONS, 813-586-0654
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 9/7/26 12:46 AM PDT.
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