923 DR MARTIN LUTHER KING JR STREET S St Petersburg, FL $ 1,599,000
923 DR MARTIN LUTHER KING JR STREET S
$ 1,599,000
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923 DR MARTIN LUTHER KING JR STREET S

St Petersburg, FL, 33705
$ 1,599,000
Bedrooms-- Baths-- Sq 4,413

Monthly Estimate*

$ 9,976

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Commercial Property for sale in St Petersburg, FL

for $1,599,000. This 4,413 square foot building was built in 1955 on a lot size of 0.25.

This property is an Entrepeneur's dream. This well-maintained 5,190 SF building has a large open floor plan ideal for retail or office use. The second floor consists of residential space with 4 four bedrooms, 1 full bathroom and a half bath, a large living room, and a full 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.

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Commercial Active

Price

$ 1,599,000

Property Type

Commercial

Taxes

$ 3,668

Style

Mixed Use

Lot Size

0.25

Year Built

1955

Town/City

St Petersburg

County/Region

Pinellas

MLS | Web ID

U8169370

Features
General
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
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 Area
Additional Parcels Description 25-31-16-00000-110-0900 25-31-16-00000-110-1000
County Pinellas
New Construction false
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
Number Of Units Total 1
MLS Area 33705 - St Pete
Lot Size Units Square Feet
Lot Size Square Feet 10995
Listing Terms Cash Conventional
Tax Annual Amount 3668.3
Property Condition Completed
Additional Parcels Y/N true
Virtual Tour https://vimeo.com/728142605
Building Area Units Square Feet
Living Area Units Square Feet
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
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
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Interior
Flooring Carpet Ceramic Tile Concrete Other
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
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
Waterfront Y/N false
Road Frontage Type Street Lights Street Paved Business District City Street Divided Highway
Number of Lots 3
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* Excluded Features
List By
Keller Williams St Pete Realty

Broker

RyanWTeam@gmail.com

Email

Affordability Calculator

$10,281
Per Month
97%
3%
0%
Monthly Principal & Interest
$9,976
Monthly Property Taxes
$306
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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THE TIME TO SELL IS NOW! What's my home worth?
Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/19/2025$1,599,000 Listed Price

Map


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923 DR MARTIN LUTHER KING JR STREET S, St Petersburg, FL, 33705 is a Commercial Property for sale at $1,599,000 with 4,413 sqft and a lot size of 0.25. 923 DR MARTIN LUTHER KING JR STREET S was built in 1955. The property's zip code is 33705 which is in St Petersburg, FL