Address7200 Block Of Dr Martin Luther King Jr Street N, ST PETERSBURG, FL, 33702

Price$1,950,000

  • Land

    Attention Developers and Builders! This is a rare opportunity to acquire a 1.08 vacant parcel Zoned CRS-1 in prime North St. Pete which allows a variety of uses; including multifamily (up to 15 units per acre), office, and other uses. The property is located in a highly desirable location close to I-275, the Gandy Bridge, Gateway Mall, Downtown St. Pete, Tampa International Airport, and Clearwater Airport. The sales and rental markets in this area are strong, making this a great opportunity for developers/builders. Priced at approx. $44/SF or $130,000 per unit if able to build 15 multifamily units. Bonus - Seller also owns 3 adjacent properties that are negotiable at Sellers option. One of them is a corner office building with Dr MLK Jr frontage also zoned CRS-1.

    Essential Information

    • MLS® #U8202085
    • Price$1,950,000
    • Bathrooms0.00
    • Acres1.08
    • TypeLand
    • StatusActive

    Community Information

    • AreaSt Pete
    • SubdivisionHOLLYWOOD PARK SUB
    • CityST PETERSBURG
    • CountyPinellas
    • StateFL
    • Zip Code33702

    Address

    7200 Block Of Dr Martin Luther King Jr Street N

    Lot Description

    Buildable, City Limits, Level, Near Public Transit, Other, Oversized Lot, Sidewalk

    Office

    CHARLES RUTENBERG REALTY INC

    Exterior

    Additional Information

    • Date ListedJuly 8th, 2023
    • Days on Market307
    • ZoningCRS-1

    Listing Details

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    Price Change History for 7200 Block Of Dr Martin Luther King Jr Street N, ST PETERSBURG, FL (MLS® #U8202085)

    Date Details Change
    Price Reduced from $2,500,000 to $1,950,000 $550,000 (22.00%)

    Similar Listings To: 7200 Block Of Dr Martin Luther King Jr Street N, ST PETERSBURG

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