Level up your investment portfolio game with this versatile mixed use property in the heart of Downtown St. Petersburg, FL This well maintained 5,190 SF building consists of a large open floor plan retail/office space on the first floor including two bathrooms. The second floor consists of a residential space with 4 four bedrooms, 1 full bathroom and a half bath, large living room and 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.
Property Details
Price:
$1,599,000
MLS #:
U8169370
Status:
Active
Beds:
0
Baths:
0
Address:
923 DR MARTIN LUTHER KING JR STREET S
Type:
Commercial
Subtype:
Mixed Use
City:
ST PETERSBURG
Listed Date:
Jul 11, 2022
State:
FL
Finished Sq Ft:
4,413
ZIP:
33705
Lot Size:
10,995 sqft / 0.25 acres (approx)
Year Built:
1955
Schools
Interior
Cooling
Wall/ Window Unit(s)
Flooring
Carpet, Ceramic Tile, Concrete, Other
Heating
Wall Units / Window Unit
Exterior
Community Features
Sidewalks
Construction Materials
Block, Cement Siding, Stucco
Parking Features
6 to 12 Spaces
Roof
Other, Roof Over
Financial
Buyer Agent Compensation
2.75%-$395%
Tax Year
2021
Taxes
$3,668
Map
Community
- Address923 DR MARTIN LUTHER KING JR STREET S ST PETERSBURG FL
- CityST PETERSBURG
- CountyPinellas
- Zip Code33705
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Courtesy of KELLER WILLIAMS ST PETE REALTY. 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.
923 DR MARTIN LUTHER KING JR STREET S
ST PETERSBURG, FL
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