1335 Dr Martin Luther King Jr Street N
Brokerage Office: 863-676-0200
1335 Dr Martin Luther King Jr Street N, ST PETERSBURG, FL 33701



- MLS#: TB8337653 ( Residential Income )
- Street Address: 1335 Dr Martin Luther King Jr Street N
- Viewed: 30
- Price: $1,335,000
- Price sqft: $351
- Waterfront: No
- Year Built: 1910
- Bldg sqft: 3802
- Garage / Parking Spaces: 2
- Days On Market: 178
- Additional Information
- Geolocation: 27.7856 / -82.6464
- County: PINELLAS
- City: ST PETERSBURG
- Zipcode: 33701
- Subdivision: East View Add
- Provided by: CARPENTER REALTY GROUP
- Contact: Tyler Carpenter
- 813-362-4586
- DMCA Notice
-
DescriptionThis exceptional 6 unit mixed use property in St. Petersburgs coveted downtown 33701 zip code offers a rare combination of resilience, location, and income potential. With a prime location steps from Crescent Lake Park, just 1 mile from Central Avenue, and walking distance to Tropicana Field, this property is perfectly positioned to capitalize on the city's vibrant growth. Elevated 40+ feet above sea level, it sustained no interior hurricane damage and is zoned CRT 1, allowing flexible residential and commercial use. The owner most recently has operated it as a mid term rental, allowing 1 2 months stays. The property features a separately metered, detached block 2 car garage, providing an opportunity to expand the usable footprint or generate additional income. A studio unit on the third floor that offers breathtaking views of the St. Pete skyline and can be easily converted into a true 1 bedroom, 1 bathroom unit for additional added value. A new roof was installed in 2021, and the building currently utilizes central heating, with the potential to be upgraded to an efficient heat pump system for central air conditioning. Additionally, a property manager living next door is willing to remain on board for smooth operational continuity. Financially, the property is a proven performer, grossing over $125,000 last year, with detailed financial records available upon request. This is a rare opportunity to own a versatile and income generating property in a highly desirable downtown location.
Property Location and Similar Properties
Property Features
Home Owners Association Fee
- 0.00
Carport Spaces
- 0.00
Close Date
- 0000-00-00
Cooling
- Central Air
Country
- US
Covered Spaces
- 0.00
Exterior Features
- Sidewalk
Garage Spaces
- 2.00
Heating
- Central
Insurance Expense
- 0.00
Interior Features
- Other
Legal Description
- EAST VIEW ADDITION LOT 11
Living Area
- 2406.00
Area Major
- 33701 - St Pete
Net Operating Income
- 0.00
Open Parking Spaces
- 0.00
Other Expense
- 0.00
Other Structures
- Storage
Parcel Number
- 18-31-17-24174-000-0110
Property Type
- Residential Income
Roof
- Shingle
Sewer
- Public Sewer
Tax Year
- 2024
Township
- 31
Utilities
- Cable Connected
- Electricity Connected
- Water Connected
View
- City
Views
- 30
Virtual Tour Url
- https://www.propertypanorama.com/instaview/stellar/TB8337653
Water Source
- Public
Year Built
- 1910

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- 863.676.0200
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