$499,995Opinion of value $550,000 — offered $50,000 below
Five bedrooms and 1,824 sq ft of living space, 3,209 sq ft under roof, an oversized garage, a separate carport, a workshop shed and a front porch facing the park. Solid block construction, no HOA.
Elevated front view of 7400 Locust St NE showing the brick facade, garage, corner lot and front porch
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Room by room
Pick a space and look closer.
A large island with seating, shaker cabinetry and stainless appliances, open to the main living space.
Highlights
Five bedrooms, genuinely flexible
1,824 sq ft of living space across nine rooms and five bedrooms — room for a home office, gym, hobby space, guests, or multi-generational living without anyone tripping over each other.
Four covered parking spaces
An oversized 2-car garage plus a separate 2-car covered carport, with 3,209 sq ft under roof total. Space for the cars, the tools, the kayaks, the bikes and the beach gear.
Front porch overlooking the park
A spacious front porch looks straight out over the park directly across the street — morning coffee with open green space instead of neighbors’ windows. A dedicated workshop/storage shed gives projects their own home on this quiet corner lot near the end of the street.
Updated 2024 through 2026
New flooring throughout, fresh paint, new doors and drywall, 2024 A/C and water heater, an updated electrical panel, impact windows and a 2021 roof — on solid concrete block. No HOA.
Specifications
Year built
1972
Construction
Solid concrete block
Roof
2021
Windows
Impact windows
A/C & water heater
2024
Electrical panel
Updated
Lot dimensions
75 x 100, corner lot
HOA
None
2025 taxes
$4,948
Price per sq ft
$274
Income potential
Based on seller projections and subject to buyer verification of rents and permitted use:
Traditional rental
up to $4,400 / mo
Co-living strategy
up to $6,400 / mo
Five bedrooms, two baths, no HOA and a flexible floor plan support a traditional rental, buy-and-hold, house hack, co-living or room-rental approach. Verify rents, insurance, and permitted use independently.
Location & lifestyle
Northeast St. Pete, after hours.
Northeast St. Pete, minutes from the water at Weedon Island Preserve and Mangrove Bay, with quick access to the Gateway corridor, Gandy Boulevard, I-275, downtown St. Petersburg and Tampa.
Park directly across the street
Green space & playground steps away
Weedon Island Preserve
Kayaking, fishing & trails nearby
Mangrove Bay Golf Course
Minutes away
4th Street / Gateway corridor
Shopping, groceries & dining
Gandy Blvd & I-275
Direct routes to Tampa
Downtown St. Petersburg
Waterfront, dining & arts district
Airports
Tampa International & St. Pete–Clearwater
Private tour
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Door is equipped with a smart keypad lock — contact for the code. MLS # TB8544117.
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Credit score range
Estimated FHA rate range: 6.8% – 7.1% (September 2026). FHA goes to 580 with 3.5% down, or 500 with 10% down.
Loan availability and qualification vary by borrower and lender. Rates shown are indicative, not a quote or lock, and DSCR estimates exclude lender-specific coverage requirements.
Loan term
Principal & interest
$3,210/mo
Property taxes
$433/mo
Homeowners insurance
$300/mo
Estimated total
$3,943/mo
Estimate only — taxes, insurance, and rates vary. Verify figures with your lender.
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