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1200 40th St S
Saint Petersburg, FL 33711 Childs Park

$450,000 USD

Office For Sale  •  2,160 SF

Property Details

  • Property Type Office
  • Total Building Size 2,160 SF
  • Lot Size 0.1 AC
  • Building Class C
  • Year Built 1949
  • Cap Rate 10.75 %
  • Tenancy Multiple
  • Zoning R-1
40 Transit Score
50 Walk Score

Highlights

Turn-Key Completely Renovated - Move In Ready
Three Streams of Income - Office - Residential - Garage/Storage
Live-Work
Corner lot location with fenced outdoor area and alley access
Convenient access to Downtown St. Petersburg and Interstate 275

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $44,885 USD (2026)
Cap Rate: 10.75 %
Total Expenses: $15,535 USD

Amenities

  • Fenced Lot
  • Storage Space
  • Air Conditioning

Public Transportation

AirportDriveWalkDistance
St Pete-Clearwater International 23 min - 15.2 mi
Tampa International 36 min - 23.6 mi
Sarasota/Bradenton International 47 min - 31.0 mi
Michael Schultz 727-463-2274 Insta Real Estate Solutions
Michael Schultz 727-463-2274 Insta Real Estate Solutions