1139 DR MARTIN LUTHER KING JR STREET S SAINT PETERSBURG FL 33705 MLS #U8240691

1139 DR MARTIN LUTHER KING JR STREET S
SAINT PETERSBURG, FL, 33705
$595,000
Beds
0 Baths
2,350 SqFt
0.33 Acres
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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
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Tax Year
2023
Taxes
$5,461

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1139 DR MARTIN LUTHER KING JR STREET S
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