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Renovated Mixed-Use Live-Work Property
New
For Lease
$48,000

1200 40TH S, St Petersburg, FL 33711

Separate commercial and residential areas support flexible live/work occupancy.

Space Size2,160 SF
Days on Market5

Property Features for 1200 40TH S

General Information

Standard status Active
Size 2,160 SF
Net Rentable 2,160 SF
Property subtype Commercial

Space & Availability

Available Space 2,160 SF
Contiguous Space 2,160 SF
Floor Ground Floor
Space Use Live-Work
Condition Turnkey

Site & Location

Highway Access Yes
Public Transit Yes
Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $3,485

Amenities

detached garage
fenced outdoor area

Building Details

Building Size 2,160 SF
Year Built 1949
Stories 2
Listing Agency: INSTA REAL ESTATE SOLUTIONS
Listed By: Michael Schultz
Source: Elliman
Added: Aug 14 Changed: Aug 15 Last Checked: Aug 17 at 5:21AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of INSTA REAL ESTATE SOLUTIONS

Investment Insights

Based on property information with market context.

This renovated mixed-use property combines ground-floor office or commercial space with an upstairs apartment, creating an integrated live/work configuration. The building includes two HVAC systems, updated electrical service, new flooring, cabinets, appliances, and hot water heaters. Residential and commercial areas are separately metered for electricity. A detached garage and storage building adds functional workspace and storage, while the fenced corner lot includes alley access and on-site parking.

Located at 1200 40th St S in St. Petersburg, the property offers access to Downtown St. Petersburg, Gulfport, I-275, area beaches, Stetson University, and major employment centers. The site is also rated Very Bikeable, with a bikeScore of 81.

Key Highlights

  • 2,160 SF mixed‑use building with 1,080 SF commercial space and 1,080 SF apartment
  • Upstairs apartment includes 3 bedrooms and 1 bath
  • Detached 2‑car garage/storage building constructed in 2013

Property Analytics

Current Use

Live-work space

Suggested Use

Top Pick Dental Office Real Estate Agency (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Home Appliance Store Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Utilities to site
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

440
Businesses Nearby

Demographics for 33711, FL

20,121
Population
9,522
Households
2.1
Avg Household Size
41
Median Age
32%
College-Educated
96%
High-School Grad
4.7 sq mi
ZIP Area
4,281
Density / Sq Mi
$68,295
Median Household Income
$27,156
Median Earnings
$1,819
Median Rent
$253,100
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Separate commercial and residential areas support flexible live/work occupancy.
Where is this mixed-use property located?
The property is located at 1200 40TH S St Petersburg, FL.
What is the lease rate?
The lease rate is $48,000.
What are key features of this property?
This property features: 2,160 SF mixed‑use building with 1,080 SF commercial space and 1,080 SF apartment; Upstairs apartment includes 3 bedrooms and 1 bath; Detached 2‑car garage/storage building constructed in 2013
More about this property
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