940 LOCUST STREET NE, ST PETERSBURG, FL, 33701
Active0 days on marketListed Sep 29, 2026MLS #TB8553106
About this home
940 LOCUST STREET NE
Located in the heart of Historic Old Northeast, one of St. Petersburg’s most sought-after neighborhoods, this beautifully updated bungalow offers the character and charm of a classic St. Pete home with the added versatility of a detached two-story guest apartment. The main residence features 3 bedrooms and 1.5 baths, with original hardwood floors, high ceilings and a gas fireplace preserving the warmth and architectural character of the home while thoughtful updates provide the comforts of modern living. An inviting living area flows into a spacious dining room and efficient kitchen, while recently updated windows, a tankless water heater and ample storage add everyday convenience. Just beyond the main house, the detached two-story apartment creates an exceptional second living space with its own kitchen and living area downstairs and a private bedroom and full bath upstairs. Ideal for visiting family and friends or significant potential rental income. And the setting is what truly distinguishes this home. Historic Old Northeast is known for its tree-lined streets, brick roads, distinctive architecture and remarkable proximity to St. Petersburg’s waterfront and downtown. From 940 Locust, the waterfront parks and trails along Tampa Bay are just blocks away, while Beach Drive, the Vinoy, St. Pete Pier and the heart of Downtown St. Petersburg are all close at hand. Spend mornings walking or biking along the waterfront, afternoons exploring museums, galleries and local shops, and evenings enjoying the restaurants, cafés and entertainment that have made Downtown St. Pete one of Florida’s most vibrant urban destinations. 940 Locust Dr. NE offers something increasingly difficult to duplicate: the charm and sense of place of an established historic neighborhood, a versatile main house and guest apartment, and the ability to enjoy the very best of St. Petersburg just beyond your front door.
Facts & features
The home at a glance
3
Bedrooms
2.5
Bathrooms
2,167
Sqft
0.06 ac
Lot size
1915
Year built
One
Levels
$369
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.
$5,633 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
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
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$5,633/mo
Includes estimated PMI — it drops off once you reach 20% equity. 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
−20.7%
$/sqft vs St Petersburg actives
$369 vs $299
Days on market
0 vs 51 typical
Where $369/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 Historic Old Northeast
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know St Petersburg. See the full St Petersburg guide →
Historic Old Northeast — neighborhood snapshot
Population
6,785
Median age
52
Median income
$89,071
Median home value
$707,667
Avg household
2
Households w/ children
502
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)
268 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 7% above the ST PETERSBURG 33701 median. See the full St Petersburg market guide →
Paper trail
This home's history
Reality check
What actually sold near 940 LOCUST STREET NE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · May ’26$670,000
1066 8TH AVENUE S
4 bd · 2.5 ba · 2,178 sqft · $308/sqft · 92 DOM
Sold · Sep ’25$750,000
556 DR MARTIN LUTHER KING JR STREET S
3 bd · 3.5 ba · 2,105 sqft · $356/sqft · 38 DOM
Sold · Mar ’26$835,000
325 5TH AVENUE S UNIT 6
3 bd · 3.5 ba · 1,998 sqft · $418/sqft · 5 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
Kemarie Johnson
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 940 LOCUST STREET NE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 940 LOCUST STREET NE — before you fall in love.
See it in person
Schedule a tour
Live availability from Kemarie's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
940 LOCUST STREET NE FAQs
What would the monthly payment be for 940 LOCUST STREET NE?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $5,633/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 940 LOCUST STREET NE?+
The most recent tax bill on record (2025) was $10,340. 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 $799,000, this home is listed about 93% above the St Petersburg median of $415,000. The market section on this page shows how the area is trending.
Which schools are assigned to 940 LOCUST STREET NE?+
North Shore Elementary School (elementary), John Hopkins Middle School (middle), St. Petersburg 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 NEXTHOME GULF TO BAY · Mike Cromwell. MLS #TB8553106.
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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