Come see this FL cottage with amazing rental stats! Potential section 8 income of $2185 / month with this charming 2-bedroom, 1-bath property in a prime location. Recently refreshed with new exterior and interior paint, leveling of flooring, bathtub repair and clearing of front and rear yard. The home has newer windows & LVP flooring. Situated in the desirable Bayou Shores neighborhood near Lake Maggiore, Coquina Key, I-275 S, and the stunning South St. Pete Beaches. This location promises convenience and potential for both tenants and future owners. Don't miss out on this remarkable opportunity! Whether you're an experienced investor looking to expand your portfolio or a savvy individual ready to begin your investment journey. Roof permit 2017 AC: 2016: Water heater: 2017. Seller is an investor and has never occupied the property, all room sizes are approx. Cash or Hard Money Only preferred but will consider conventional.
Sold for $165,000
$165,000
767 40TH AVENUE S, ST PETERSBURG, FL 33705
2beds
547sqft
Single Family Residence
Built in 1948
5,515 Square Feet Lot
$202,500 Zestimate®
$302/sqft
$1,860 Estimated rent
Home value
$202,500
$176,000 - $231,000
$1,860/mo
Zestimate® history
Owner options
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$1,860/mo
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$1,860/mo
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$1,201/mo
Est. payment
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$1,201/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Heidi Arnold 813-830-2832,
DEMETER PROPERTIES INC 813-226-0687,
Tatiana Huudma 727-238-7191,
DEMETER PROPERTIES INC
Bought with:
David Urueta
COMPASS FLORIDA LLC
Source: Stellar MLS,MLS#: T3513394
Originating MLS: Tampa
Originating MLS: Tampa
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Features: Walk-In Closet(s)
- Level: First
- Dimensions: 9x10
Kitchen
- Level: First
- Dimensions: 5x8
Living room
- Level: First
- Dimensions: 8x10
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Range, Refrigerator
- Laundry: None
Features
- Other
- Flooring: Laminate
- Has fireplace: No
Interior area
- Total structure area: 547
- Total interior livable area: 547 sqft
Property
Features
- Levels: One
- Stories: 1
- Exterior features: Sidewalk
Lot
- Size: 5,515 Square Feet
- Dimensions: 45 x 120
Details
- Parcel number: 063217328680010040
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Frame
- Foundation: Pillar/Post/Pier
- Roof: Shingle
Condition
- New construction: No
- Year built: 1948
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Public
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: GRAND VIEW TERRACE
HOA
- Has HOA: No
Location
- Region: Saint Petersburg
Financial & listing details
- Price per square foot: $302/sqft
- Tax assessed value: $187,368
- Annual tax amount: $2,646
- Date on market: 3/22/2024
- Cumulative days on market: 32 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Total actual rent: 0
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 7/7/2025 | Listing removed | $2,050$4/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/4/2025 | Price change | $2,050-2.1%$4/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/12/2025 | Listed for rent | $2,095+132.8%$4/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/24/2024 | Sold | $165,000-7.8%$302/sqft |
Source:  Stellar MLS #T3513394 Report a problem | ||
| 6/10/2024 | Pending sale | $179,000$327/sqft |
Source: Stellar MLS #T3513394 Report a problem | ||
| 5/30/2024 | Price change | $179,000-5.3%$327/sqft |
Source: Stellar MLS #T3513394 Report a problem | ||
| 4/15/2024 | Pending sale | $189,000$346/sqft |
Source: Stellar MLS #T3513394 Report a problem | ||
| 4/8/2024 | Price change | $189,000-5%$346/sqft |
Source: Stellar MLS #T3513394 Report a problem | ||
| 3/22/2024 | Listed for sale | $199,000+13.7%$364/sqft |
Source: Stellar MLS #T3513394 Report a problem | ||
| 12/7/2023 | Listing removed | -- |
Source: Stellar MLS #T3464389 Report a problem | ||
| 10/27/2023 | Listed for sale | $175,000-12.1%$320/sqft |
Source: Stellar MLS #T3464389 Report a problem | ||
| 9/12/2023 | Listing removed | -- |
Source: Stellar MLS #T3464389 Report a problem | ||
| 8/8/2023 | Listed for sale | $199,000+776.7%$364/sqft |
Source: Stellar MLS #T3464389 Report a problem | ||
| 9/15/2017 | Listing removed | $900$2/sqft |
Source: Zillow Rental Network Report a problem | ||
| 9/8/2017 | Listed for rent | $900$2/sqft |
Source: Zillow Rental Network Report a problem | ||
| 3/23/2017 | Sold | $22,700$41/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,732 +28.6% | $187,368 +53.7% |
| 2024 | $2,902 +9.7% | $121,883 +10% |
| 2023 | $2,646 +13% | $110,803 +10% |
| 2022 | $2,342 +13.5% | $100,730 +10% |
| 2021 | $2,064 +11.3% | $91,573 +10% |
| 2020 | $1,855 +12.3% | $83,248 +10% |
| 2019 | $1,651 | $75,680 +10% |
| 2018 | $1,651 +10.5% | $68,800 +127.1% |
| 2017 | $1,494 +165.9% | $30,292 +20.3% |
| 2016 | $562 | $25,175 +11.9% |
| 2015 | -- | $22,505 +0.8% |
| 2014 | -- | $22,326 +1.5% |
| 2013 | -- | $21,996 -14.1% |
| 2012 | $14 | $25,596 +3% |
| 2011 | -- | $24,850 +1.5% |
| 2010 | -- | $24,483 +2.7% |
| 2009 | -- | $23,839 +0.1% |
| 2008 | -- | $23,815 +3% |
| 2007 | -- | $23,121 -35.4% |
| 2005 | -- | $35,800 +2.3% |
| 2004 | -- | $35,000 +28.2% |
| 2003 | -- | $27,300 -5.9% |
| 2002 | -- | $29,000 +12% |
| 2001 | -- | $25,900 +3.2% |
| 2000 | -- | $25,100 |
Find assessor info on the county website
Neighborhood: Lakewood Terrace
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Nearby schools
GreatSchools rating
- 4/10Lakewood Elementary SchoolGrades: PK-5Distance: 0.1 mi
- 4/10Bay Point Middle SchoolGrades: 6-8Distance: 1.7 mi
- 4/10Lakewood High SchoolGrades: 9-12Distance: 1.1 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
$202,500
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
$202,500
- Florida
- Pinellas County
- Saint Petersburg
- 33705
- Lakewood Terrace
- 767 40TH AVENUE S
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