1635 40TH STREET S, ST PETERSBURG, FL 33711

Price: $219,9k | ARV: $315k

Fast Funding Available • Hard Money Financing

ST. PETERSBURG | FIXER-UPPER OPPORTUNITY | UPDATED SYSTEMS + RENTAL POTENTIAL

4 BED / 1 BATH
1,135 Sqft.
Block Construction
Year Built: 1957

WHY THIS DEAL MAKES SENSE

• 4-bedroom layout in an established St. Petersburg location
• Newer roof and water heater — 2021
• Tankless water heater
• HVAC system — 2022
• Updated supply piping — 2021
• Updated kitchen with granite countertops and shaker-style cabinets
• Soft-close drawers
• Large fenced backyard
• Alley access with rear parking for up to 2 vehicles
• Strong rental potential due to proximity to Stetson University
• Fixer-upper offering value-add potential

PROPERTY FEATURES

• 4 bedrooms
• 1 full bathroom
• 1,135 Sqft.
• Block construction
• Built in 1957
• Newer roof — 2021
• Water heater — 2021
• Tankless water heater
• HVAC — 2022
• Updated supply piping — 2021
• Nest thermostat
• Yale smart lock — 2021
• Granite kitchen countertops
• Shaker-style cabinets
• Soft-close drawers
• Inside laundry room
• Large fenced backyard
• Alley access
• Rear parking for 2 vehicles

INVESTMENT POTENTIAL

This property offers a combination of a 4-bedroom configuration, meaningful system updates, and a location near Stetson University. The updated kitchen, fenced backyard, rear parking, and alley access add functional value, while the property’s fixer-upper positioning leaves room for an investor to evaluate additional improvements and create further value.

LOCATION = RENTAL DEMAND + ST. PETERSBURG ACCESS

Located near Stetson University, this property benefits from proximity to an established educational and residential area. Investors can also take advantage of convenient access to parks, beaches, biking trails, shopping, restaurants, fitness centers, and Childs Park Recreation & Fitness Center.

IDEAL FOR

Buy & Hold / Rental Strategy / Fix & Flip / Value-Add / Student Rental Strategy

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