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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

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ATTACHMENTS

OM MLK St. Pete

PROPERTY FACTS

Price $2,000,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Commercial
  • Office
  • Mixed Use
  • Multifamily
  • Apartment Units
  • Apartment Units - Senior
  • Convenience Store
  • Daycare Center
  • Drugstore
  • Fast Food
  • Healthcare
  • Hold For Development
  • Hold For Investment
  • Medical
  • Neighborhood Center
  • Parking Lot
  • Planned Unit Development
  • Religious Facility
  • Restaurant
  • Schools
  • Single Family Development
  • Storefront, Retail or Office
  • Strip Center
Total Lot Size 1.16 AC
No. Stories 1
Opportunity Zone Yes
Zoning Commercial/ Residential

1 LOT AVAILABLE

Lot

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

PROPERTY TAXES

Parcel Numbers
Multiple
  • 25-31-16-19350-005-0020
  • 25-31-16-19350-005-0030
  • 25-31-16-19350-005-0160
  • 25-31-16-19350-005-0010
  • 25-31-16-19350-005-0170
Land Assessment
$390,278
Improvements Assessment
$0
Total Assessment
$390,278
  • Listing ID: 35292585

  • Date on Market: 3/28/2025

  • Last Updated:

  • Address: 2025 Dr Martin Luther King Jr St S, Saint Petersburg, FL 33705

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