4240 40TH STREET N, ST PETERSBURG, FL, 33714
Active39 days on marketListed Jul 7, 2026MLS #TB8516421
About this home
4240 40TH STREET N
Prime opportunity on a desirable corner lot! This cleared parcel is ready for your own vision or use the pre-appoved plans for a thoughtfully designed single family home with a detached ADU, offering excellent potential for multigenerational living, guest accommodations, or rental income. Save time and money with approval secured and start building right away! Conveniently located with easy access to highway & beaches. This property is a wonderful opportunity for builders, investors or homeowners looking to create something special. This is a rare opportunity to buy land and be shovel ready to go!
Facts & features
The home at a glance
0.13 ac
Lot size
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$1,781 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$1,781/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside St Petersburg
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know St Petersburg. See the full St Petersburg guide →
ST PETERSBURG 33714 — neighborhood snapshot
Population
20,103
Median age
40.9
Median income
$47,221
Median home value
$177,500
Avg household
2.41
Households w/ children
1,835
For the school run
Pinellas County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The St Petersburg market
$380K → $402K
St Petersburg median sold, yr/yr
95.8%
Sale-to-list ratio (12 mo)
Median sold price, St Petersburg, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 18% above the ST PETERSBURG 33714 median. See the full St Petersburg market guide →
Paper trail
This home's history
Reality check
What actually sold near 4240 40TH STREET N
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Oct ’25$432,000
114 W KING STREET · same community
2 bd · 1 ba · 1,108 sqft · $390/sqft · 12 DOM
Sold · Aug ’25$430,000
115 W KING STREET · same community
3 bd · 2 ba · 1,118 sqft · $385/sqft · 118 DOM
Sold · Apr ’26$480,000
15 E SPRUCE STREET · same community
3 bd · 1 ba · 1,192 sqft · $403/sqft · 3 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 4240 40TH STREET N — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 4240 40TH STREET N — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
4240 40TH STREET N FAQs
What would the monthly payment be for 4240 40TH STREET N?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,781/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 4240 40TH STREET N?+
The most recent tax bill on record (2025) was $4,335. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in St Petersburg?+
At $199,000, this home is listed about 54% below the St Petersburg median of $435,000. The market section on this page shows how the area is trending.
Which schools are assigned to 4240 40TH STREET N?+
Lealman Avenue Elementary School (elementary), Dixie M. Hollins High School (high), Pinellas Park Middle School (middle) — Pinellas County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of CHARLES RUTENBERG REALTY INC · Jessica Nguyen. MLS #TB8516421.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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