7200 Block Of DR MARTIN LUTHER KING JR ST N, ST PETERSBURG, FL 33702

  • $1,950,000
  • $2,500,000
ST PETERSBURG
For Sale

7200 Block Of DR MARTIN LUTHER KING JR ST N, ST PETERSBURG, FL 33702

ST PETERSBURG
  • $1,950,000
  • $2,500,000

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.

  • Address 7200 Block Of DR MARTIN LUTHER KING JR ST N
  • City ST PETERSBURG
  • State/county FL
  • Zip/Postal Code 33702
  • Area HOLLYWOOD PARK SUB
  • Country United States

Details

Updated on December 29, 2023 at 3:06 pm
  • Property ID: HZ85373
  • Price: $1,950,000
  • Land Area: 1.08 Acres
  • Property Type: Land
  • Property Status: For Sale
  • MLS#: MFRU8202085
  • Office Name: CHARLES RUTENBERG REALTY INC
  • Agent Name: Randy Toomajanian
  • MLS Status: Active

Additional details

  • Sewer: Public Sewer
  • Tax Annual: 18600
  • Tax Year: 2022
  • County: Pinellas
  • Water Source: None

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