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