Excellent Commercial Real Estate Opportunity in up-and-coming area near downtown St. Petersburg! This corner commercial retail property, along with an adjacent vacant lot, presents a strategic investment in a highly visible developing area near downtown. The property includes two parcels sold together. The first, 1139 MLK, features a 51’ x 130’ lot with a 2000 sq ft four-unit retail strip, each unit approximately 500 square feet. Adjacent, 1131 MLK is a vacant lot measuring 60’ x 130’, ready for development. Zoned CCT-1, both parcels (totaling .33 acres) allow for various commercial and mixed-use projects. Positioned in an opportunity zone amidst the city’s southward redevelopment, this property holds much potential, with incentives for affordable housing. Whether you’re an owner/user, investor, or developer looking to tap into St. Petersburg’s growth, this property offers a promising opportunity. Don’t miss out—contact us today to learn more!
Property Details
Price:
$595,000
MLS #:
U8240691
Status:
Active
Beds:
0
Baths:
0
Address:
1139 DR MARTIN LUTHER KING JR STREET S
Type:
Commercial
Subtype:
Retail
Subdivision:
GREENWOOD PARK
Neighborhood:
33705 – St Pete
City:
SAINT PETERSBURG
Listed Date:
May 1, 2024
State:
FL
Finished Sq Ft:
2,350
Total Sq Ft:
2,350
ZIP:
33705
Lot Size:
14,430 sqft / 0.33 acres (approx)
Year Built:
1956
Schools
Interior
Cooling
Mini- Split Unit(s), Wall/ Window Unit(s)
Heating
Wall Units / Window Unit
Exterior
Construction Materials
Block
Roof
Other
Financial
Tax Year
2023
Taxes
$5,461
Map
Community
- Address1139 DR MARTIN LUTHER KING JR STREET S SAINT PETERSBURG FL
- SubdivisionGREENWOOD PARK
- CitySAINT PETERSBURG
- CountyPinellas
- Zip Code33705
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Courtesy of ASSET MANAGEMENT REAL ESTATE. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Stellar MLS. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Stellar MLS. All rights reserved.
1139 DR MARTIN LUTHER KING JR STREET S
SAINT PETERSBURG, FL
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