Address923 Dr Martin Luther King Jr Street S, ST PETERSBURG, FL, 33705

Price$1,599,000

  • Commercial Sale
  • 4,413 SQ FT
  • 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.

Essential Information

  • MLS® #U8169370
  • Price$1,599,000
  • Bathrooms0.00
  • Square Footage4,413
  • Acres0.25
  • Price/SqFt$362 USD
  • Year Built1955
  • TypeCommercial Sale
  • Sub-TypeMixed Use
  • StatusActive

Community Information

  • AreaSt Pete
  • CityST PETERSBURG
  • CountyPinellas
  • StateFL
  • Zip Code33705

Address

923 Dr Martin Luther King Jr Street S

Lot Description

City Limits, Near Public Transit, Sidewalk, Street Lights, Paved

Office

KELLER WILLIAMS ST PETE REALTY

Amenities

  • ParkingParking Spaces - 6 to 12

Interior

  • HeatingWall Units / Window Unit
  • CoolingWall/Window Unit(s)
  • # of Stories2

Exterior

  • RoofOther, Roof Over
  • FoundationSlab

Additional Information

  • Date ListedJuly 11th, 2022
  • Days on Market657

Listing Details

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Price Change History for 923 Dr Martin Luther King Jr Street S, ST PETERSBURG, FL (MLS® #U8169370)

Date Details Change
Price Reduced from $1,699,000 to $1,599,000 $100,000 (5.89%)

Similar Listings To: 923 Dr Martin Luther King Jr Street S, ST PETERSBURG

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