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 | |
Updated | September 13th, 2025 |
Type | Multi-family |
Price | $310,000 |
Building | 1,320 Sq. Ft. |
Land | 0.13 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.