Water Views
Address
923 Dr Martin Luther King Jr STREET S, ST PETERSBURG, FL
Price
$ 1,599,000
Property Attributes
  • MLS#U8169370
  • TypeCommercial
  • CountyPINELLAS
  • CityST PETERSBURG
  • AreaSt Pete
  • Zip33705
  • StyleMixed Use
  • Year Built1955
  • Taxes$ 3668
  • Price$ 1,599,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4413
  • Lot Size10,890 SqFt
Data Source:
Stellar MLS
Property Description

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.

Price History
7/12/2023 Listed $1,699,000
2/16/2024 6% - $1,599,000

General Features

Heating Wall Units / Window Unit
Cooling Wall/Window Unit(s)
Utilities Electricity Available,Phone Available,Public,Water Nearby
Roof Other,Roof Over
Security Features Closed Circuit Camera(s),Security Lights,Security System Leased,Smoke Detector(s)
Construction Materials Block,Cement Siding,Stucco
Pets Allowed No
Year Built 1955
Electric 200+ Amp Service
Levels Two
Property SubType Mixed Use
Tax Year 2021
Percent Ownership Sole Proprietor
Community Features Sidewalks
Accessibility Accessible Bedroom,Accessible Central Living Area,Accessible Closets,Accessible Doors,Accessible Entrance,Visitor Bathroom,Accessible Hallway(s),Accessible Kitchen,Accessible Stairway,Central Living
County Pinellas
New Construction No
Property Type Commercial Sale
Building Features Bathrooms
Status Active
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.
City ST PETERSBURG
Buyer Agent Compensation 2.75%-$395
Total Units 1
MLS Area 33705 - St Pete
Lot Size Square Feet 10995
Waterfront Y/N No
Street Name Dr Martin Luther King Jr
Listing Terms Cash,Conventional
Tax Annual Amount 3668.3
Property Condition Completed
Public Remarks 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
Virtual Tour https://vimeo.com/728142605
Days on Market 568
Standard Status Active
Tax Lot 00
Legal Description W 150FT OF E 190FT OF N 85FT OF SE 1/4 OF NE 1/4 OF NE 1/4 LESS N 10FT

Interior Features

Flooring Carpet,Ceramic Tile,Concrete,Other
Total Stories 2
Air Conditioning Y/N Yes
Heating Y/N Yes
Street Suffix STREET
LivingAreaSource Public Records
Living Area Units Square Feet

Exterior Features

Parking Features 6 to 12 Spaces
Lot Features City Lot,Near Public Transit,Sidewalk,Street Lights
Lot Size Area 10995
Foundation Details Slab
Number of Buildings 1
Building Area Total 5190
Lot Dimensions 75 x 150
Lot Size Acres 0.25
Road Surface Type Paved
Lot Size Units Square Feet
Road Frontage Type Street Lights,Street Paved,Business District,City Street,Divided Highway

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 33705

Price
AVG $1.56M
$1.6M
Taxes
AVG $3,007
$3,668
Visits
AVG 224
220
Data Provided by Inside Real Estate®
Year Built
AVG 1952
1955