Residential Land for Sale in St. Petersburg, Florida

Of Dr Martin Luther King Jr St N St. Petersburg, FL 33702

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$1,950,000
1.08 acres
Active sale agoEst $15,696/mo

Attention Developers and Builders!

This is a rare opportunity to acquire a 1.08 vacant parcel Zoned CRS-1 in prime North St. Pete which allows a variety of uses; including multifamily (up to 15 units per acre), office, and other uses.

The property is located in a highly desirable location close to I-275, the Gandy Bridge, Gateway Mall, Downtown St. Pete, Tampa International Airport, and Clearwater Airport.

The sales and rental markets in this area are strong, making this a great opportunity for developers/builders.

Priced at approx. $44/SF or $130,000 per unit if able to build 15 multifamily units. Bonus - Seller also owns 3 adjacent properties that are negotiable at Sellers option. One of them is a corner office building with Dr MLK Jr frontage also zoned CRS-1.

Directions

Saint Petersburg. Take Dr MLK Jr ST N to 72nd Ave N. Park in large vacant lot between 72nd Ave N and 73rd Ave N.

Location

Street Address
Of Dr Martin Luther King Jr St N
Community
Hollywood Park Sub
Elevation
7 feet
Coordinates
27.8372, -82.6473

Property details

Zoning
CRS-1
MLS Number
PINELLAS U8202085
Date Posted

Property taxes

2022
$18,600

Parcels

  • 30-30-17-40748-001-0010

Legal description

This 1.08-acre property is located at Of Dr Martin Luther King Jr St N in St. Petersburg, FL 33702 with latitude 27.8372 and longitude -82.6473. The property is currently available for sale for $1,950,000 with a price per acre of $1,805,556. Listing data is sourced from Pinellas Realtor Organization # U8202085.

Verify sale details at the property source or contact Charles Rutenberg Realty at (866) 580-6402.

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Copyright (C) 2024 Pinellas Suncoast Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Updated . Checked 1 hour ago. Parcel data by Regrid.

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