7240 DR MARTIN LUTHER KING JR STREET S St Petersburg, FL $ 2,995,000
7240 DR MARTIN LUTHER KING JR STREET S
$ 2,995,000
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7240 DR MARTIN LUTHER KING JR STREET S

St Petersburg, FL, 33705
$ 2,995,000
Bedrooms5 Baths6.0 Sq 4,456

Monthly Estimate*

$ 18,685

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Single Family Home for sale in St Petersburg, FL

for $2,995,000 with 5 bedrooms and 6 full baths. This 4,456 square foot home was built in 1925 on a lot size of 0.58.

There are homes… and then there are landmarks. And here, in the timeless beauty of St. Petersburg’s treasured Pinellas Point, stands one of the most captivating waterfront estates on Tampa Bay. Built in 1925, this grand Spanish-Style estate is one of the originals - an enduring piece of our city’s history that has been thoughtfully preserved and masterfully updated for today’s modern coastal lifestyle. Inside, more than 4,400 square feet of refined living space unfolds with grace and purpose. Five bedrooms, six full baths, a formal library, and a stately wood-burning fireplace create an atmosphere of warmth, elegance, and architectural authenticity. The home has been beautifully refreshed with new flooring, interior paint, updated windows and doors, and efficient ductless HVAC systems throughout. Modern convenience meets timeless craftsmanship. Step outside and the world opens up - lush tropical gardens, a sparkling swimming pool, and unbelievable, unobstructed views of Tampa Bay and the iconic Sunshine Skyway Bridge. A custom dock and deck with boat cradle lift extend gracefully into the bay, inviting sunset cruises and early-morning adventures. The property spans over half an acre of gated privacy with custom fencing, an electronic entry gate, an irrigation system on reclaimed water, and a detached three-car garage. This is more than a home - it is a legacy. A rare waterfront estate where history, architecture, and natural beauty converge to tell one magnificent story… and where the next chapter begins.

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Single Family Active

Price

$ 2,995,000

Bedrooms

5

Full Bath

6

Property Type

Single Family

Taxes

$ 15,490

Style

Mediterranean

Lot Size

0.58

Year Built

1925

Town/City

St Petersburg

County/Region

Pinellas

MLS | Web ID

TB8446538

Features
General
Sewer Public Sewer
Heating Electric
Cooling Mini-Split Unit(s)
Utilities Public
Possession Close Of Escrow
Roof Tile
Appliances Built-In Oven Cooktop Dishwasher Disposal Microwave Refrigerator
Garage Spaces 3
Patio/Porch Features Covered Enclosed Patio Porch Rear Porch
Architectural Style Mediterranean
Pool Features Gunite In Ground
Security Features Security Gate
Construction Materials Block Concrete
Year Built 1925
View Garden Water
Levels Two
Property Subtype Single Family Residence
Tax Year 2024
Ownership Fee Simple
Waterfront Features Bay/Harbor Gulf/Ocean
County Pinellas
New Construction false
Property Type Residential
Attached Garage true
Subdivision Name POINT PINELLAS REP
Facing Direction North
Garage Y/N true
Total Rooms 11
Full Baths 6
Status Active
Directions From Pinellas Point Dr S drive South on Dr MLK Jr St S. The home is at the end of the cul de sac.
City ST PETERSBURG
Body of Water TAMPA BAY - GULF OF AMERICA
Senior Community Y/N false
MLS Area 33705 - St Pete
Lot Size Units Square Feet
Lot Size Square Feet 25300
Carport Y/N false
Listing Terms Cash Conventional
Spa Features In Ground
Land Lease Y/N false
Tax Annual Amount 15490
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://MoveToPinellasPoint.com
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Owner
Tax Lot 11
Legal Description POINT PINELLAS REPLAT BLK 1 LOT 11 LESS E 5FT
Water View Bay/Harbor - Full Gulf/Ocean - Full
Minimum Lease No Minimum
Water Access Y/N false
Additional Rooms Breakfast Room Separate Den/Library/Office Interior In-Law Suite w/Private Entry
ILS Under Air SQFT 352
Water View Y/N true
Flood Zone Code AE
DockY/N true
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Interior
Interior Amenities Ceiling Fan(s) High Ceilings Primary Bedroom Main Floor PrimaryBedroom Upstairs Split Bedroom Stone Counters Walk-In Closet(s) Window Treatments
Flooring Hardwood
Fireplace Features Masonry Wood Burning
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Half Baths 0
Laundry Features Inside Upper Level
Total Bedrooms 5
Total Baths 6
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Exterior
Exterior Amenities Balcony French Doors Garden Irrigation System Outdoor Shower
Vegetation Bamboo Mature Landscaping Trees/Landscaped
Fencing Fenced
Parking Features Garage Door Opener
Lot Features Cul-De-Sac Oversized Lot
Water Source Private
Lot Size Area 25300
Foundation Details Block
Spa true
Building Area Total 5467
Lot Size Acres 0.58
Road Surface Type Asphalt
Private Pool true
Waterfront Y/N true
Covered Spaces 3
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* Excluded Features
List By
Nexthome South Pointe

Broker

Kent@NHSouthPointe.com

Email

Affordability Calculator

$19,976
Per Month
94%
6%
0%
Monthly Principal & Interest
$18,685
Monthly Property Taxes
$1,291
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/19/2025$2,995,000 Listed Price

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7240 DR MARTIN LUTHER KING JR STREET S, St Petersburg, FL, 33705 is a Single Family Home for sale at $2,995,000 with 4,456 sqft and a lot size of 0.58. 7240 DR MARTIN LUTHER KING JR STREET S has 5 bedrooms, 6.0 baths, and was built in 1925. The property's zip code is 33705 which is in St Petersburg, FL