House for Sale
$459,900
3 bd · 2 ba · 1,261 sqft
4536 1ST AVENUE N, St Petersburg, FL 33713
SAINT PETERSBURG
ST PETERSBURG, FL 33705 · MLS# TB8526439 · Active · BAYOU VIEW
Completely Remodeled | Income-Producing Opportunity | Priced Below Appraised Value! Discover the perfect blend of modern living and investment potential at 427 40th Ave S, St. Petersburg. This beautifully renovated property offers exceptional flexibility for homeowners, investors, or multi-generational living, all in a prime location just minutes from Downtown St. Petersburg. The main residence features 2 bedrooms and 1 bathroom, plus a private efficiency/studio complete with its own bedroom, bathroom, and living area—ideal for guests, extended family, or rental income. Adding even more value, the property includes a detached one-bedroom, one-bath in-law suite, providing another excellent opportunity for additional rental income, a private guest house, or a home office. Major upgrades have already been completed for peace of mind, including a new roof, HVAC system, water heater, and plumbing—all completed in 2025. Every space has been thoughtfully remodeled with modern finishes, making this property truly move-in ready. Conveniently located just minutes from Downtown St. Petersburg, local restaurants, shopping, waterfront parks, hospitals, and the award-winning Gulf beaches, you'll enjoy easy access to everything this vibrant city has to offer. Whether you're looking to offset your mortgage with rental income, accommodate extended family, or expand your investment portfolio, this one-of-a-kind property delivers outstanding versatility and value. Best of all, it is priced below its appraised value, making it an incredible opportunity you won't want to miss.
Estimate only — actual rates, taxes and insurance vary. Not a loan offer or financial advice. Financing through Matthew Gromadzki, NMLS #2560919 · Innovative Mortgage Services, Inc., NMLS #250769.
427 40TH AVENUE S, ST PETERSBURG, FL 33705 · See all St. Petersburg homes for sale
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427 40TH AVENUE S is a single family home for sale in ST PETERSBURG, FL 33705. This property was listed for sale on July 6, 2026 by MIRANDA LANDA REALTY GROUP LLC, it's currently listed at $445,000. This listing's school district is Pinellas Public Schools. 427 40TH AVENUE S is a 4-bed, 3-bath, 1,594 sqft single family home built in 1953.