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

Level up your investment portfolio game with this versatile mixed use property in the heart of Downtown St. Petersburg, FL This well maintained 5,190 SF building consists of a large open floor plan retail/office space on the first floor including two bathrooms. The second floor consists of a residential space with 4 four bedrooms, 1 full bathroom and a half bath, large living room and 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

May 9, 2024

Updated

Map

923 DR MARTIN LUTHER KING JR ST S
ST PETERSBURG FL, 33705

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

Other Property Details

Area Name

33705 - St Pete


Taxes

$3,668


Tax Frequency

Annually


Days on Market

568


Garage

No


Parking

Parking Spaces - 6 to 12


View

No


County

Pinellas


Municipality

31


Pool

No


Buyer Agency Compensation

2.75%-$395

Listing History

Date

Event

Price

2/16/2024

Price Change

$1,599,000

-6%

Listed by KELLER WILLIAMS ST PETE REALTY
Listing Contact: 727-894-1600 

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Data last updated 5/9/2024, 7:12 AM UTC

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