1139 40th St S, photo 1
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Overview

4 bd4 ba1,760 sqftQuadruplex
TypeQuadruplex
HOANone listed
Built1959
Lot9,200 sqft
Living area1,760 sqft
Price / sqft$227

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

About this home

Ceiling Fans(s)Living Room/Dining Room ComboOutbuildingsPrivate EntrancePrivate MailboxRangeRefrigerator

1139 40th St S is a 1959-built home in Paines Sub, St Petersburg. Inside you'll find 4 bedrooms, 4 bathrooms, and 1,760 square feet of living space. Listed at $399,900 (about $227/sqft), 19 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.

From the listing

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.

The essentials

Built
1959
Price / sqft
$227
On market
19 days
Annual tax
$5,116
Flood zone
X · Low risk
Lot
9,200 sqft
Type
Quadruplex

At a glance

Single family
Built 1959
9,200 sqft lot
Lot size
1,760 sqft
Living area

Payment

Est. monthly payment
$2,712/mo
Down payment (20%)
$79,980
Property taxes
$426/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Quadruplex
Year Built
1959
Lot
9,200 sqft
Cooling
Wall/Window Unit(s)
Heating
Baseboard, Ductless
Parking
Common, Off Street, On Street, Open, Parking Pad
Days on Market
19
Ceiling Fans(s)
Living Room/Dining Room Combo
Outbuildings
Private Entrance
Private Mailbox
Range
Refrigerator
Flood Zone X
Annual Tax (2025)
$5,116
Parcel #
27-31-16-65340-001-0010

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Paines Sub
County
Pinellas
MLS Area
33711 - St Pete/Gulfport
Lot Size
9,200 sqft
City Limits

Price history

Date
Event
Price
10/10/2026
Listed for sale
Source: Stellar MLS #TB8556986
$399,900
$227/sqft

Neighborhood

1139 40th St S
St Petersburg, FL, 33711 · 33711 - St Pete/Gulfport

Market insights

Offer Insights

Choose an offer strength

List price: $399,900
$397,500 – $399,900
99.5% – 100% of listTops out right at the list price
80% of listList price
59 of the last 117 home closings in 33711 landed at this number or higher (50%). The median one sat 47 days before it went under contract, and this one is on day 19.

Sample: 117 closed home sales in 33711 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

Est. monthly payment
$2,712/mo
Principal & interest$2,086
Property taxes$426
Insurance$200
Down payment20% · $79,980
Interest rate6.80%
Loan term

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Put in your household income and we will tell you where this payment sits.

Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$399,900

$227 per sq ft

Beds and baths

4 beds, 4 baths

Size

1,760 sq ft

Time on market

19 days

Year built

1959

Monthly payment

About $2,712/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $5,116 annual tax bill, insurance.

Flood zone

Zone X

That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.

Offer

What should I offer?

Have another question?

Brokered bySPENCERS PLUS REALTY LLCListing agent: George SpencerListing data from Stellar MLS, MLS# TB8556986.

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