923 DR MARTIN LUTHER KING JR STREET S ST PETERSBURG FL 33705 MLS #U8169370

923 DR MARTIN LUTHER KING JR STREET S
ST PETERSBURG, FL, 33705
$1,599,000
Beds
0 Baths
4,413 SqFt
0.25 Acres
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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
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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

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923 DR MARTIN LUTHER KING JR STREET S
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