Don't miss this fantastic investment opportunity… A charming duplex just 3 miles from downtown St Pete! This property has a beautiful banyan tree in the backyard. One unit is upstairs, and the other is downstairs, providing plenty of privacy for both tenants. Each unit has two bedrooms and one bath, each with laundry hookups. The first-floor unit had water enter during hurricane Helene on 9/24/2024 and has been remediated. There is a storage shed attached to the home for extra storage space. Live in one unit, rent out the other, or rent out both for maximum income. The upstairs unit is currently rented until December 31st, with the landlord collecting $900 a month since 2015. Comparable units in the area rent for $1,300 a month, offering a great income opportunity. This AS-IS property includes central AC & heat and is located under 2 miles from Lassing Park and the beach and 2 1/2 miles to I175. This is a perfect deal for investors or those looking to maximize their investment potential!
Sold for $220,000
$220,000
515 40TH AVENUE S, ST PETERSBURG, FL 33705
2beds
1baths
1,520sqft
Duplex, Multi Family
Built in 1925
-- sqft lot
$212,300 Zestimate®
$145/sqft
$1,762 Estimated rent
Home value
$212,300
$189,000 - $238,000
$1,762/mo
Zestimate® history
Owner options
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$1,762/mo
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$1,762/mo
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$1,600/mo
Est. payment
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$1,600/mo
Est. payment
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List your homeWhat's special
Laundry hookupsCentral ac and heat
Zillow last checked:
Listing updated:
Listed by:
Rebecca Collins 727-251-9235,
TREASURED HOME COLLECTION 727-210-3282
Bought with:
Gabriel Graham, 3352025
REALTY EXPERTS
Source: Stellar MLS,MLS#: TB8332557
Originating MLS: Suncoast Tampa
Originating MLS: Suncoast Tampa
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
Rooms
- Room types: Storage Rooms
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dryer, Electric Water Heater, Range, Refrigerator, Washer
- Laundry: Inside, Laundry Room
Features
- Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Thermostat
- Flooring: Concrete
- Windows: Drapes, Window Treatments
- Has fireplace: No
Interior area
- Total structure area: 1,520
- Total interior livable area: 1,520 sqft
Property
Parking
- Parking features: Boat, Common, Curb Parking, Driveway, Off Street, On Street, RV Access/Parking
- Has uncovered spaces: Yes
Features
- Levels: Multi/Split
- Patio & porch: Covered, Side Porch
- Exterior features: Private Mailbox, Storage
- Fencing: Fenced
- Has view: Yes
- View description: Trees/Woods
Lot
- Size: 6,242 Square Feet
- Dimensions: 50 x 127
- Features: Flood Insurance Required, FloodZone, City Lot
Details
- Additional structures: Storage
- Parcel number: 063217039240000150
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Block
- Foundation: Slab
- Roof: Shingle
Condition
- Fixer
- New construction: No
- Year built: 1925
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Public, Sewer Available, Sewer Connected, Water Available, Water Connected
Community & HOA
Community
- Security: Smoke Detector(s)
- Pet fee: $0 monthly
- Subdivision: BAYOU VIEW
HOA
- Has HOA: No
Location
- Region: Saint Petersburg
Financial & listing details
- Price per square foot: $145/sqft
- Tax assessed value: $270,000
- Annual tax amount: $3,230
- Date on market: 12/26/2024
- Cumulative days on market: 9 days
- Listing terms: Cash,Other
- Ownership: Fee Simple
- Lease term: 12 Months
- Total actual rent: 900
- Tenant pays: Electricity, Sewer, Trash Collection, Water
- Electric utility on property: Yes
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 1/14/2025 | Sold | $220,000-2.2%$145/sqft |
Source:  Stellar MLS #TB8332557 Report a problem | ||
| 1/5/2025 | Pending sale | $225,000$148/sqft |
Source: Stellar MLS #TB8332557 Report a problem | ||
| 12/26/2024 | Listed for sale | $225,000+275%$148/sqft |
Source: Stellar MLS #TB8332557 Report a problem | ||
| 7/19/2004 | Sold | $60,000$39/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,230 +9.2% | $121,107 +10% |
| 2023 | $2,958 +11.2% | $110,097 +10% |
| 2022 | $2,660 +31.1% | $100,088 +10% |
| 2021 | $2,030 +7.1% | $90,989 +10% |
| 2020 | $1,896 +16% | $82,717 +10% |
| 2019 | $1,635 | $75,197 +8% |
| 2018 | $1,635 +9.5% | $69,656 +12.1% |
| 2017 | $1,493 +17.5% | $62,146 +9.1% |
| 2016 | $1,271 +2.9% | $56,952 +3.7% |
| 2015 | $1,236 +10.3% | $54,921 +12.1% |
| 2014 | $1,120 +2.2% | $48,981 +3.3% |
| 2013 | $1,096 -25.5% | $47,431 -25.5% |
| 2012 | $1,470 | $63,656 -6.2% |
| 2011 | -- | $67,858 +0.3% |
| 2010 | -- | $67,686 -19.6% |
| 2009 | -- | $84,170 -20.1% |
| 2008 | $2,269 | $105,300 -10.4% |
| 2007 | -- | $117,500 +50.6% |
| 2005 | -- | $78,000 +23% |
| 2004 | $1,541 +7.3% | $63,400 +7.8% |
| 2003 | $1,436 +36% | $58,800 +17.4% |
| 2002 | $1,056 | $50,100 +17.3% |
| 2001 | $1,056 +4.5% | $42,700 +4.7% |
| 2000 | $1,011 | $40,800 |
Find assessor info on the county website
Neighborhood: Bonita Bayou
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Nearby schools
GreatSchools rating
- 4/10Lakewood Elementary SchoolGrades: PK-5Distance: 0.1 mi
- 4/10Bay Point Middle SchoolGrades: 6-8Distance: 1.9 mi
- 4/10Lakewood High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- Elementary: Lakewood Elementary-PN
- Middle: Bay Point Middle-PN
- High: Lakewood High-PN
Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$212,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$212,300
- Florida
- Pinellas County
- Saint Petersburg
- 33705
- Bonita Bayou
- 515 40TH AVENUE S
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