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.

The layout is ideal for an owner-user seeking to operate a business on-site while utilizing the residential component above, or for an investor looking for a versatile mixed-use asset with multiple functional uses. Separate electric meters for the residential and commercial spaces provide added leasing flexibility and operational efficiency.

Extensive recent renovations include two new HVAC units, new hot water heaters, updated electrical, new flooring, new cabinets, new appliances, and a roof installed in 2020. The detached garage/storage building, constructed in 2013, adds valuable flexibility for storage, workspace, or additional ancillary use. Positioned on a corner lot with fenced outdoor area and alley access, the property offers strong utility in an improving South St. Petersburg corridor.