923 DR MARTIN LUTHER KING JR ST S, SAINT PETERSBURG, FL 33705

$1,599,000

Active · 1202 days on market · MLS# MFRU8169370

Living area4,413 sq ft
Lot size0.25 acres
Year built1955
Property typeMixed Use
WaterfrontYes
Annual taxes$3,668
CountyPinellas

About this home

This property is an Entrepeneur's dream. This well-maintained 5,190 SF building has a large open floor plan ideal for retail or office use. The second floor consists of residential space with 4 four bedrooms, 1 full bathroom and a half bath, a large living room, and a full kitchen (currently tenant-occupied). Property conveys a total of 3 lots (.40 Acres). Zoning allows developers to build up to 4 floors that could provide water views of the bay. Perfect property for an investor/developer to renovate or build a new multi-family development. Featuring a newer TPO roof , fenced outside storage, walking distance to St. Petersburg nightlife, arts, restaurants and popular shops along Central Avenue and Beach Drive. Easy access to the interstate and a 40 minute drive to Tampa International Airport. With St. Petersburg redevelopment pushing southward and incentives for investors/developers to construct affordable housing this property has massive investment added value upside! Call to schedule your personal showing now.

Listing courtesy of Ryan Mitchell, KELLER WILLIAMS ST PETE REALTY. Presented by MC Homes Realty Inc · 727432218.

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