Styrene–butadiene rubber (SBR) waste from the shoe industry was repurposed to produce polypropylene (PP)-based compounds, with the aim of evaluating their antistatic potential. Styrene–ethylene–propylene (SEP) was added as a compatibilizing agent, while carbon nanotubes (MWCNT) were incorporated as a conductive nanofiller. The polymer compounds were processed in an internal mixer, and injection molded. The properties evaluated included torque rheometry, melt flow index (MFI), impact strength, tensile strength, Shore D hardness, electrical conductivity, heat deflection temperature (HDT), and differential scanning calorimetry (DSC), along with scanning electron microscopy (SEM) for morphology analysis. The production of the PP/SBR/SEP (60/30/10 wt%) compound resulted in a ductile material, enhancing impact strength and elongation at break to 161.2% and 165.2%, respectively, compared to pure PP. The addition of SEP improved the compatibility of the PP/SBR system, leading to an increase in the torque curve and a reduction in the MFI. Furthermore, the SBR/SEP combination in PP accelerated the crystallization process and increased the degree of crystallinity, suggesting a nucleating effect. Carbon nanotubes, in concentrations ranging from 0.5 to 2 phr (parts per hundred resin), were added to the PP/SBR/SEP system. Only the PP/SBR/SEP/MWCNT compound with 2 phr of MWCNT was suitable for antistatic applications, exhibiting an electrical conductivity of 4.52 × 10−07 S/cm. This was due to the greater distribution of MWCNT in the PP matrix, as demonstrated by SEM. In addition, remains tough at room temperature, with a 166% increase in impact strength compared to PP. However, there was a reduction in elastic modulus, tensile strength, Shore D hardness, and HDT due to increased flexibility. SBR waste can be reintegrated into the production chain to produce antistatic polymeric compounds, obtaining a tough material at room temperature.