1139 40th Street, FL
Stellar MLS
1 / 1

$399,900

1139 40th StreetSt Petersburg, FL 33711

Listing updated: October 16, 2026 at 1:47 AM ET

Active
Stellar MLSListing courtesy of Spencers Plus Realty Llc · George Spencer · MLS #TB8556986 · Active · 727-481-3517
4
Beds
4
Baths
1,760
Sq Ft
0.21
Acres
1959
Built
◆$227/sqft◆360° tour
Quadruplex

Property type

1959

Year built

9,200 sqft

Lot size

$227

Price / sq ft

No HOA

HOA dues

0

Days on market

X

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

Principal & interest$2,022
Property taxes$426
Home insurance (est.)$183

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

  1. Status: Active
    Oct 16, 2026
  2. Listed$399,900
    Oct 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 riskFEMA Zone XPanel 12103C0214H

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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MLS GRID

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.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA