
$399,900
1139 40th StreetSt Petersburg, FL 33711
Listing updated: October 16, 2026 at 1:47 AM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Investors, take note: this fully occupied fourplex offers dependable cash flow from day one. The property consists of two identical duplex buildings, each with two 1-bedroom units, for four identical units in total. The matching floor plans make maintenance, turnovers, and rent comparisons simple. All four units are leased, and three of the four tenants are long-term residents, giving you an established rent roll and low turnover. Each unit has its own separately metered power and water, so tenants pay their own utilities and your operating costs stay down. A separate outbuilding adds flexibility. Use it as storage, or convert it into an on-site laundry facility for an additional income stream. Four dedicated off-street parking spaces, plus ample street parking, add convenience for residents. Whether you’re expanding your portfolio or buying your first multifamily property, 1139 40th St S combines steady occupancy, efficient operations, and room to add value. Schedule your showing today. Please do not disturb tenants.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history0 days on market
- Status: ActiveOct 16, 2026
- Listed$399,900Oct 15, 2026
Facts & features
- Property type
- Residential Income
- Sub type
- Quadruplex
- Status
- Active
- Days on market
- 0
- Subdivision
- Paines Sub
- County
- Pinellas
- Year built
- 1959
- Living area
- 1,760 sq ft
- Price/sq ft
- $227
- Building area
- 2,000 sq ft (Public Records)
- Lot size
- 9,200 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- X (12103C0214H)
- Annual taxes
- $5,116 (2025)
- Parcel #
- 27-31-16-65340-001-0010
- MLS #
- TB8556986
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Interior Details
- Bedrooms
- 4
- Flooring
- Ceramic Tile
- Appliances
- Range, Refrigerator
- Interior features
- Ceiling Fans(s), Living Room/Dining Room Combo, Other
- Laundry
- None
- Stories / Levels
- One
Heating & Cooling
- Heating
- Baseboard, Ductless
- Cooling
- Wall/Window Unit(s)
Parking
- Garage spaces
- 0
- Parking features
- Common, Off Street, On Street, Open, Parking Pad
HOA & Financial
- Total monthly fees
- None
- Total annual fees
- None
- CDD
- No
- Listing terms
- Cash, Conventional
- Ownership
- Fee Simple
Exterior & Construction
- Exterior features
- Outbuildings, Other, Private Entrance, Private Mailbox
- Construction materials
- Frame
- Roof
- Shingle
- Foundation
- Slab
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Electricity Connected, Public, Sewer Connected, Water Connected
Listing Details
- Listing date
- 2026-10-10
- On market date
- 2026-10-15
- Original list price
- $399,900
- Occupant type
- Tenant
- MLS area
- 33711 - St Pete/Gulfport
- Listing AOR
- Suncoast Tampa
- Status changed
- 2026-10-16
- Tax legal description
- PAINE'S SUB BLK A, LOTS 1 AND 2
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
34th St (US 19) to 5th Ave S. West on 5th Ave S to 40th St S. Left on 40th st S to address. Property is on the corner of 40th St S and 12th Ave S
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of October 16, 2026 at 1:47 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.
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