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2025 Dr Martin Luther King Jr St S - 1.16 ac for Multifamily Dev in St. Petesburg 1.16 Acres of Residential Land Offered at $2,000,000 in Saint Petersburg, FL 33705



PROPERTY FACTS
| Price | $2,000,000 | Proposed Use | |
| Sale Type | Investment | Total Lot Size | 1.16 AC |
| No. Lots | 1 | No. Stories | 1 |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Residential | ||
| Zoning | Commercial/ Residential | ||
| Price | $2,000,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 1.16 AC |
| No. Stories | 1 |
| Opportunity Zone |
Yes |
| Zoning | Commercial/ Residential |
1 LOT AVAILABLE
Lot
| Price | $2,000,000 | Lot Size | 1.16 AC |
| Price Per AC | $1,724,137.93 |
| Price | $2,000,000 |
| Price Per AC | $1,724,137.93 |
| Lot Size | 1.16 AC |
DESCRIPTION
PROPERTY DESCRIPTION - The opportunity is to purchase 1.16± acres proposed for multifamily along Dr. Martin Luther King Jr. St. S in St. Petersburg, FL, within Pinellas County. The site consists of seven parcels with approximately 250 feet of frontage. With flexible residential zoning, the property is well-positioned for development in a rapidly growing area. LOCATION DESCRIPTION - Located between 20th Ave. S and 21st Ave. S, the site is minutes from I-275 and downtown St. Petersburg. Its proximity to commercial uses will ensure that future residents will have safe and convenient access to needed goods and services. With strong connectivity and ongoing revitalization efforts, this property offers excellent potential for investors and developers. PROPERTY SIZE - 1.16± Acres ZONING - CRT-1 (Corridor Residential Traditional) FUTURE LAND USE - PR-MU (Planned Residential Mixed Use) PARCEL ID - 163125193500050010, 163125193500050020, 163125193500050030, 163125193500050040, 163125193500050170, 163125193500050160, 163125193500050150
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $390,278 | Total Assessment | $390,278 |
PROPERTY TAXES
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2025 Dr Martin Luther King Jr St S - 1.16 ac for Multifamily Dev in St. Petesburg
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