Active

811 DR MARTIN LUTHER KING JR ST S

SAINT PETERSBURG FL, 33705

$999,999


$1,305.48 per sqft

Active

766 sqft

Commercial

Built in 1970

Offered is a walk-up/drive-through restaurant on a .39 acre parcel with alley access located in a mixed-use/commercial zoning district which allows for a wide variety of uses. Well-suited as a prime redevelopment opportunity, zoning codes allow for up to 11 residential units to be developed on the parcel when including bonuses. As is, the opportunity also has great potential to continue to be used as a restaurant. The parking lot can accommodate about 15 cars or more, although one portion is not striped. The property is walking distance to Orlando Health Bayfront Hospital as well as Johns Hopkins All Childrens' Hospital. Downtown St. Petersburg is just minutes away by car. The adjacent Booker Creek and the Roser Park neighborhood are beautiful, and nearby public amenities include the city's renown skate park at Campbell Park.
The parcel is situated on Dr. Martin Luther King Jr. St S, a minor arterial road which sees 15,500 throughout the day (AADT, source: FDOT). The property is served by Pinellas Suncoast Transit Authority routes 7, 14, 20, and 23, including direct service to Gulfport, South Pasadena, Downtown St. Petersburg, Grand Central Station, and Pinellas Point. Access to I-275 is just 3 blocks north, and Tampa International Airport is less than 30 minutes away.

TB8308919

MLS ID

October 18, 2024

Listed

November 22, 2024

Updated

Map

811 DR MARTIN LUTHER KING JR ST S
SAINT PETERSBURG FL, 33705

Interior Features

Floor Description

Ceramic Tile


Fireplace

No


Cooling

Yes


Cooling Description

Mini-Split Unit(s)


Heating

Yes


Heating Description

Heat Pump

Exterior/Building Features

Lot Size

0.4 Acres


Roof

Shingle


Sewer

Public Sewer

Other Property Details

Area Name

33705 - St Pete


Taxes

$2,996


Tax Frequency

Annually


Days on Market

33


Association Fee Frequency

Monthly


Garage

No


View

No


County

Pinellas


Municipality

31


Pool

No

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

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Data last updated 11/22/2024, 8:02 AM UTC

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