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Dr Martin Luther King Jr Street N, ST PETERSBURG, FL – $1,500,000

  • $1.5M Price
  • .64 Acres
  • 641 DOM
  • $1.5M Price
  • .64 Acres
  • 641 DOM

Dr Martin Luther King Jr Street N

Investor's Dream: Prime Development Opportunity in St. Petersburg! Calling all visionary investors, seasoned developers, and townhome enthusiasts! This exceptional offering presents a golden chance to shape the city's landscape with a VARIETY of possibilities. Zoned CCS-1, these TWO lots, totaling .917 acres, await your creative touch. Situated within the vibrant heart of St. Petersburg, these parcels boast a strategic location that perfectly marries convenience with lifestyle. Picture this: a remarkable 14-unit townhome haven envisioned by ARO Engineering, showcasing a carefully crafted 23x45 sqft footprint. With two thoughtfully designed floors, encompassing approximately 2,070 sqft of luxurious living space, these residences are poised to redefine urban elegance. As an added touch, each unit's architecture anticipates a ground-floor garage, elevating both convenience and functionality. While the ARO Engineering concept is a stunning starting point, it's essential to note that the design is yet to embark on its formal approval journey, allowing ample room for your personal modifications and enhancements. Beyond the borders of this promising development, a world of convenience awaits. Discover the ease of access to Tampa International Airport, I-275, and the iconic Gandy Bridge, providing seamless connectivity to neighboring regions. The allure of St. Petersburg's downtown core and pristine beaches is merely moments away, inviting a lifestyle that harmonizes work, play, and relaxation. Don't let this exceptional opportunity slip through your fingers. Dive into the heart of St. Petersburg's burgeoning growth story and contribute to its dynamic transformation. Please review the provided attachments for comprehensive details on both lots. While all information contained herein is believed to be accurate, verification by the purchaser is advised to ensure confidence in your investment. Experience the thrill of crafting a new chapter in St. Petersburg's evolution – your masterpiece awaits!

Essential Information

  • MLS® #T3399822
  • Price$1,500,000
  • Bathrooms0.00
  • Acres0.64
  • TypeLand
  • Sub-TypeLand
  • StatusActive

Community Information

  • AreaSt Pete
  • SubdivisionPENELOPE
  • CityST PETERSBURG
  • CountyPinellas
  • StateFL
  • Zip Code33702

Address

Dr Martin Luther King Jr Street N

Additional Information

  • Date ListedSeptember 13th, 2022
  • Days on Market641
  • ZoningCCS-1
  • Taxes$299
  • HOA Fees$0

Listing Details

Office

TOMLIN, ST CYR & ASSOCIATES LLC

Please provide a valid email address.

Price Change History for Dr Martin Luther King Jr Street N, ST PETERSBURG, FL (MLS® #T3399822)

Date Details Change
Price Reduced from $1,800,000 to $1,500,000 $300,000 (16.67%)
Price Increased from $1,450,000 to $1,800,000 $350,000 (24.14%)
Price Reduced from $1,500,000 to $1,450,000 $50,000 (3.33%)

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TOMLIN, ST CYR & ASSOCIATES LLC.

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Listing data comes from My Florida Regional MLS DBA Stellar MLS.

Listing information last updated on June 15th, 2024 at 4:19pm EDT.