Active
923 DR MARTIN LUTHER KING JR ST S
ST PETERSBURG FL, 33705
$1,599,000
$362.34 per sqft
Active
4,413 sqft
Commercial
Built in 1955
This property is an Entrepeneur's dream. This well-maintained 5,190 SF building has a large open floor plan ideal for retail or office use. The second floor consists of residential space with 4 four bedrooms, 1 full bathroom and a half bath, a large living room, and a full kitchen (currently tenant-occupied). Property conveys a total of 3 lots (.40 Acres). Zoning allows developers to build up to 4 floors that could provide water views of the bay. Perfect property for an investor/developer to renovate or build a new multi-family development. Featuring a newer TPO roof , fenced outside storage, walking distance to St. Petersburg nightlife, arts, restaurants and popular shops along Central Avenue and Beach Drive. Easy access to the interstate and a 40 minute drive to Tampa International Airport. With St. Petersburg redevelopment pushing southward and incentives for investors/developers to construct affordable housing this property has massive investment added value upside! Call to schedule your personal showing now.
U8169370
MLSⓇ ID
July 11, 2022
Listed
February 12, 2025
Updated
Interior Features
Total Stories
2
Floor Description
Carpet, Ceramic Tile, Concrete, Other
Fireplace
No
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Heating
Yes
Heating Description
Wall Units / Window Unit
Exterior/Building Features
Lot Size
0.25 Acres
Lot Features
City Limits, Near Public Transit, Sidewalk, Street Lights, Paved
Roof
Other, Roof Over
Security
Closed Circuit Camera(s), Security Lights, Security System Leased, Smoke Detector(s)
Other Property Details
Area Name
33705 - St Pete
Taxes
$3,668
Tax Frequency
Annually
Days on Market
737
Association Fee Frequency
Monthly
Accessibility
Accessible Bedroom, Accessible Central Living Area, Accessible Closets, Accessible Doors, Accessible Entrance, Visitor Bathroom, Accessible Hallway(s), Accessible Kitchen, Accessible Stairway, Central Living Area
Garage
No
Parking
Parking Spaces - 6 to 12
View
No
County
Pinellas
Municipality
31
Pool
No
Utilities
Electricity Available, Phone Available, Public, Water Nearby
Listed by KELLER WILLIAMS ST PETE REALTY
Listing Contact: 727-894-1600
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Data last updated 2/12/2025, 8:02 PM UTC
