Address
7200 Block Of Dr Martin Luther King Jr STREET N, ST PETERSBURG, FL
Price
$ 1,950,000
Property Attributes
  • MLS#U8202085
  • TypeLand
  • CountyPINELLAS
  • CityST PETERSBURG
  • AreaSt Pete
  • NeighborhoodHollywood Park Sub
  • Zip33702
  • Style
  • Taxes$ 18600
  • Price$ 1,950,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size1.08 Acres
Data Source:
Stellar MLS
Property Description

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.

Price History
7/8/2023 Listed $2,500,000
11/19/2023 22% - $1,950,000

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 33702

Price
AVG $1.07M
$1.95M
Taxes
AVG $6,378
$18,600
Visits
AVG 637
1000
Data Provided by Inside Real Estate®
Walkscore
AVG 56
57
Data Provided by Walkscore® not using MLS data

Your Agent

Listed By
CHARLES RUTENBERG REALTY INC with 727-538-9200. - 866-580-6402

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