Address
1139 Dr Martin Luther King Jr STREET S, SAINT PETERSBURG, FL
Price
$ 595,000
Property Attributes
  • MLS#U8240691
  • TypeCommercial
  • CountyPINELLAS
  • CitySAINT PETERSBURG
  • AreaSt Pete
  • NeighborhoodGreenwood Park
  • Zip33705
  • StyleRetail
  • Year Built1956
  • Taxes$ 5461
  • Price$ 595,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2000
  • Lot Size0.33 Acres
Data Source:
Stellar MLS
Property Description

Excellent Commercial Real Estate Opportunity in up-and-coming area near downtown St. Petersburg! This corner commercial retail property, along with an adjacent vacant lot, presents a strategic investment in a highly visible developing area near downtown. The property includes two parcels sold together. The first, 1139 MLK, features a 51’ x 130’ lot with a 2000 sq ft four-unit retail strip, each unit approximately 500 square feet. Adjacent, 1131 MLK is a vacant lot measuring 60’ x 130’, ready for development. Zoned CCT-1, both parcels (totaling .33 acres) allow for various commercial and mixed-use projects. Positioned in an opportunity zone amidst the city's southward redevelopment, this property holds much potential, with incentives for affordable housing. Whether you're an owner/user, investor, or developer looking to tap into St. Petersburg's growth, this property offers a promising opportunity. Don't miss out—contact us today to learn more!

Price History
5/1/2024 Listed $595,000

General Features

Sewer Public Sewer
Heating Wall Units / Window Unit
Cooling Mini-Split Unit(s),Wall/Window Unit(s)
Utilities Public
Roof Other
Construction Materials Block
Year Built 1956
Property SubType Retail
Tax Year 2023
Percent Ownership Other
Additional Parcels Description 25-31-16-33516-000-0040
County Pinellas
New Construction No
Property Type Commercial Sale
Subdivision Name GREENWOOD PARK
Facing Direction East
Status Active
Directions From Cental Ave head South on Dr. Martin Luther King Jr St S to address on West side of street.
ModificationTimestamp 2024-05-01T16:00:08.783Z
City SAINT PETERSBURG
Buyer Agent Compensation 2.5%
View Y/N No
MLS Area 33705 - St Pete
Lot Size Units Square Feet
Lot Size Square Feet 14430
Waterfront Y/N No
Tax Annual Amount 5461
Additional Parcels Y/N Yes
Days on Market 1
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 5
Legal Description GREENWOOD PARK LOT 5 LESS E 10FT & LESS S 7FT FOR RDS
Water Access Y/N No
Water View Y/N No
Flood Zone Code X

Interior Features

Air Conditioning Y/N Yes
Heating Y/N Yes
LivingAreaSource Public Records

Exterior Features

Water Source Public
Lot Size Area 14430
Foundation Details Slab
Number of Buildings 1
Building Area Total 2350
Lot Dimensions 111 x 130
Lot Size Acres 0.33
Road Surface Type Asphalt
Road Frontage Type City Street
Number of Lots 2

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 Commercial Average in 33705

Price
AVG $1.28M
$600K
Taxes
AVG $7,341
$5,461
Visits
AVG 143
89
Data Provided by Inside Real Estate®
Year Built
AVG 1951
1956

Your Agent

Listed By
ASSET MANAGEMENT REAL ESTATE with 727-820-1991. - 727-820-1991

Areas We Cover