$685,000
Off-Market Date: 09/26/20254631 40th Street N Saint Petersburg, FL 33714
Pending MLS# TB8412584
8 beds 8 baths 2,409 sq ft Multi-family
Details for 4631 40th Street N
MLS# TB8412584
Description for 4631 40th Street N, Saint Petersburg, FL, 33714
Under contract-accepting backup offers. Rare opportunity to own a building with 8 units. Central location in Lealman that is located in a non evacuation & non flood zone.. Block construction and built in 1982. Roof was replaced in 2013 Electric and some plumbing has been updated. Long time month to month tenants currently occupy the property and the units are currently rented at a price that is well below the local market. The street was recently redone including new sidewalk. The landlord uses the oversized 1 car garage for storage. Landlord pays all utilities. Estimated monthly utilities Electric $660, Water, Sewer & Trash $300, Cable $183, Gas $60. Two central A/C units provide heat and air. There is natural gas for the two hot water tanks , gas heat and the gas range in unit #8. This property has lots of potential to grow the current income stream.
Listing Information
Property Type: Residential, Multi Family
Status: Pending
Bedrooms: 8
Bathrooms: 8
Lot Size: 0.17 Acres
Square Feet: 2,409 sq ft
Year Built: 1982
Garage: Yes
Stories: 1 Story
Construction: Block,Wood Frame
Subdivision: Wilsons Rep
Foundation: Slab
Number Of Units Total: 8
County: Pinellas
Interior Features
Appliances: Refrigerator, Microwave
Flooring: Tile
Additional Interior Features: Ceiling Fan(s)
Utilities
Water: Public
Sewer: Public Sewer
Other Utilities: Cable Connected,Sewer Connected
Cooling: Ceiling Fan(s), Central Air
Heating: Central, Gas
Exterior / Lot Features
Attached Garage: Attached Garage
Garage Spaces: 1
Roof: Shingle
Lot Dimensions: 59x100
Additional Exterior/Lot Features: Other
Community Features
Security Features: Fire Hydrant(s)
Unit Information
Unit 1 Units Total: 1
Unit 1 Actual Rent: 1100
Unit 1 Baths Total: 1
Unit 1 Beds Total: 1
Unit 2 Units Total: 2
Unit 2 Actual Rent: 900
Unit 2 Baths Total: 1
Unit 2 Beds Total: 1
Unit 3 Units Total: 5
Unit 3 Actual Rent: 700
Unit 3 Baths Total: 1
Unit 3 Beds Total: 1
Driving Directions
Take 38th Ave West from US 19 34th Street N. Got to 40th Street and make a right. Go up 40th Street jaust past 46th Ave the property will be on the right hand side.
Financial Considerations
Terms: Cash
Tax/Property ID: 03-31-16-98226-000-0010
Tax Amount: 7780.87
Tax Year: 2024
A broker reciprocity listing courtesy: RE/MAX ACTION FIRST OF FLORIDA
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Sales History & Tax Summary for 4631 40th Street N
Sales History
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| Currently not available. | ||
Tax Summary
| Tax Year | Estimated Market Value | Total Tax |
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| Currently not available. | ||
Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
Schools
Schools nearby 4631 40th Street N
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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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