4390 43rd St N, St. Petersburg, FL

Multi-family for Sale - $310,000 - 1,320 Sq. Ft. on 0.13 acres


Agent Info

Liza Rhima
Liza Rhima Lic Real Estate Broker

Property Info

CIMLS#1181393
Location
  4390 43rd St N
  St. Petersburg FL 33714
UpdatedSeptember 13th, 2025
TypeMulti-family
Price$310,000
Building1,320 Sq. Ft.
Land0.13 acres

Property Description

ACCEPTING BACKUPS -- Best deal in St Petersburg Florida and Seller is open to buyer concessions, making this a fantastic duplex opportunity in Lealman, a neighborhood undergoing active redevelopment with new homes and infrastructure upgrades boosting future value. Approximately 1,320 SF across two units, with annual proforma rents of $43,000 and nearby sales up to $360K, makes this property ideal for investors or future owner-occupants. Short term rentals allowed, and no flood insurance required. Unit A features 20k+ renovations in a full one-bedroom layout. Unit B includes an eat-in kitchen, interior laundry, full bath, bonus room, and screened patio. Both units have off-street parking one with carport, and the other with a pad. Major updates include new roof (2018), new electric panels (2015), new water heater (2025), new window AC units (2023-2025). Convenient to lake, trails, elementary, Publix, restaurants, HCA Hospital, retail corridors, and public transit with quick access to downtown, I-275, and the beaches. One-bedroom is leased, providing immediate income. Sold as-is, buyer to verify all details. Showings by appointment only.


Financials

Unit A Current Rent $850; Proforma Rent $1,400.

Unit B Vacant; Proforma Rent $2,200.

Expenses just under $11,000 including insurance, taxes, maintenance, utilities.



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