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

$ 1,699,000.00
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923 DR MARTIN LUTHER KING JR ST S, ST PETERSBURG, FL, 33705

bed -- Beds
bed -- Bath
bed 10995 Sq.Feet
bed -- Beds
bed -- Bath
bed 10995 Sq.Feet

$ 1,699,000.00

Calc
$444/mo
Est. Payment

Property description

PublicRemarks:-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.
Directions:- North bound - I275 North to I175 East to MLK St S (right) building 4 blocks on the right. South bound - I275 South to I175 East to MLK St S (right) building 4 blocks on the right.

Property details

Cooling

Wall/Window Unit(s)

Living Area

4413 Square Feet

Constr. Materials

Block, Cement Siding, Stucco

Total Area

5190 Square Feet

Original List Price

$1,699,000.00

Private Pool

No

Fire place

No

Roof

Other, Roof Over YearBuilt

Days On Market

364

YearBuilt

1955

Flooring

Carpet, Ceramic Tile, Concrete, Other

Heating

Wall Units / Window Unit

Lot Features

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

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Property Price

Date Event Price Price/Sq Ft Source
07/01/2024 Active $1699000 385.0 MLS Grid

Property Tax

Year Taxes Land Additions Total Assessment
2019 $3,128 $40,900 + $80,900 = $121,800
2018 $3,128 $40,900 + $80,900 = $121,800
2017 $3,128 - + N/A = $121,800
2016 $3,128 $86,000 + $80,900 = $121,800
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