
7740 40TH TERRACE N, ST PETERSBURG, FL, 33709
Active8 days on marketListed Sep 14, 2026MLS #TB8548365
About this home
7740 40TH TERRACE N
Mid-Century Modern Gem with a Private Outdoor Oasis! Built in 1959, this spacious ranch-style Mid-Century Modern home blends timeless character with thoughtful updates and an incredible indoor-outdoor lifestyle. Lovingly cared for and ready for its next owner, this home offers generous living spaces, abundant natural light, a spectacular pool area, and a location that puts Florida's best attractions within easy reach. Step inside to a welcoming living room featuring a beautiful bay window, skylights, and a stunning three-sided beveled-glass and travertine surround wood-burning fireplace that serves as a dramatic focal point and can be enjoyed from both the living and dining rooms. The dining room steps down from the living area and flows naturally into the impressive kitchen—truly designed with entertaining in mind. The chef-inspired kitchen features a huge granite breakfast bar, pendant lighting, stainless steel appliances including a new dishwasher, microwave and refrigerator, modern backsplash, large barn-door pantry, and a greenhouse window overlooking the pool and patio. Whether you're preparing a casual meal or hosting a crowd, there's plenty of room to gather. The real showstopper is the private outdoor oasis. A sparkling saltwater pool with a gas-heated waterfall spa is surrounded by durable paver decking and a spacious screened enclosure. The impressive 35-foot covered porch provides plenty of room for outdoor dining, lounging, and entertaining year-round. Newer white vinyl fencing adds privacy and completes the backyard retreat. Inside, low-maintenance Mexican-style ceramic tile flows throughout the home. Vaulted ceilings, skylights, and sky tubes bring natural light into the spacious interior. The split-bedroom floor plan provides privacy, with an impressive primary suite featuring a huge walk-in closet and its own new mini-split AC. The ensuite bath offers a new tall vanity, spa tub, separate shower, generous linen storage, and a new water heater. Three additional bedrooms provide flexibility for family, guests, a home office, hobbies, or other needs. The fourth bedroom is currently being used as an oversized interior laundry room and includes a newer washer and dryer plus a French door leading directly to the pool area. Outside, the front yard welcomes you with a decorative fountain, sprinkler system, attractive wrought-iron fencing, and mature landscaping. The massive oversized detached two-car garage is extra deep and equipped with workbenches, shelving, and overhead storage. It's an ideal space for a workshop, hobby area, home gym, mancave, or entertaining space. The generous driveway also provides room to accommodate an RV. Major updates provide added peace of mind, including a new 3-ton central AC (2025), new mini-split AC for the primary suite (2025), and a whole-house Generac generator (2025) powered by propane. And then there's the location. Just minutes from Florida's beautiful Gulf beaches and a short drive to vibrant downtown St. Petersburg, you'll have easy access to award-winning dining, world-class museums, entertainment, Rays and Rowdies games, shopping, and everything that makes the area such a desirable place to live. Bay Pines VA Medical Center is also conveniently nearby. Lovingly cared for, thoughtfully updated, and ready for a new owner to make it their own—this distinctive Mid-Century Modern home offers space, flexibility, privacy, and the Florida lifestyle you've been waiting for.
Facts & features
The home at a glance
4
Bedrooms
2
Bathrooms
1,777
Sqft
0.23 ac
Lot size
2
Garage
1959
Year built
One
Levels
$281
Per sqft
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.
$3,618 /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
$3,618/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.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
−15.1%
$/sqft vs St Petersburg actives
$281 vs $305
Days on market
8 vs 57 typical
Where $281/sqft sits among the 400 St Petersburg actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
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 33709 — neighborhood snapshot
Population
25,371
Median age
53.3
Median income
$52,621
Median home value
$190,300
Avg household
2.2
Households w/ children
1,922
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)
258 of 400
St Petersburg actives have cut their price
Median sold price, St Petersburg, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 176% above the ST PETERSBURG 33709 median. See the full St Petersburg market guide →
Paper trail
This home's history
Reality check
What actually sold near 7740 40TH TERRACE N
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Nov ’25$605,000
8263 27TH AVENUE N
3 bd · 2.5 ba · 1,757 sqft · $344/sqft · 36 DOM
Sold · Sep ’25$699,000
6480 31ST AVENUE N
3 bd · 2 ba · 1,742 sqft · $401/sqft · 6 DOM
Sold · Oct ’25$515,000
6470 28TH TERRACE N
3 bd · 2 ba · 1,739 sqft · $296/sqft · 180 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
Iain Robinson
Broker Associate · CENTURY 21 Edge
Tours, negotiation, and every question about 7740 40TH TERRACE N — start here.

Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 7740 40TH TERRACE N — before you fall in love.
See it in person
Schedule a tour
Live availability from Iain's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
7740 40TH TERRACE N FAQs
What would the monthly payment be for 7740 40TH TERRACE N?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,618/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 7740 40TH TERRACE N?+
The most recent tax bill on record (2025) was $3,531. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 7740 40TH TERRACE N?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in St Petersburg?+
At $499,900, this home is listed about 16% above the St Petersburg median of $430,000. The market section on this page shows how the area is trending.
Which schools are assigned to 7740 40TH TERRACE N?+
Seventy-Fourth St. Elementary (elementary), Azalea Middle School (middle), Dixie M. Hollins High School (high) — Pinellas County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of RE/MAX ACTION FIRST OF FLORIDA · Crystal Bannar, PA. MLS #TB8548365.
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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