1200 40th St S - Office FOR SALE


Saint Petersburg, FL 33711- Childs Park
$499,999 USD
727-463-2274
1200 40th St S, Saint Petersburg, FL for Sale
$499,999 USD
Office - FOR SALE
1/18
null | 9.67% Cap Rate

1200 40th St S
Saint Petersburg, FL 33711
Childs Park


HIGHLIGHTS

  • Turn-Key Completely Renovated - Move In Ready
  • Three Streams of Income - Office - Residential - Garage/Storage
  • Live-Work

OVERVIEW

Marketing Description 1200 40th St. S. presents a rare opportunity to acquire a fully renovated mixed-use property in South St. Petersburg with outstanding flexibility for a range of ownership strategies. The property includes 1,080 square feet of office/commercial space on the ground floor, a 1,080 square foot 3-bedroom, 1-bath apartment above, and a detached 2-car garage/storage building. Investment Highlights Fully renovated mixed-use asset in South St. Petersburg 2,160 SF total building area 1,080 SF office/commercial space on the ground floor 1,080 SF 3-bedroom, 1-bath apartment on the second floor Detached 2-car garage/storage building Ideal for investor, owner-user, or live/work occupancy Separate electric meters for residential and commercial components Major improvements already completed, including HVAC, hot water heaters, electrical, flooring, cabinets, appliances, and roof Roof replaced in 2020 Detached garage built in 2013 Corner lot with fenced outdoor area and alley access Opportunity Zone location

FOR SALE DETAILS

PRICE

$499,999 USD

PRICE/SF

$231 USD /SF

CAP RATE

9.67%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Office - Residential - Garage/Storage

PROPERTY TYPE

Office

ADD'L SUBTYPES

Loft/Creative Space, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

-

YEAR BUILT

1949

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,347 SF

ZONING

-

APN/PARCEL ID

27-31-16-84834-000-0030

ASK ABOUT THIS PROPERTY

Michael SchultzInsta Real Estate SolutionsMore Info
727-463-2274

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Michael SchultzInsta Real Estate SolutionsMore Info
727-463-2274

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.