7200 Block Of Dr Martin Luther King Jr St., St Petersburg, FL 33702
Photo 1 of 10
$1,800,000
Beds Baths Sq. Ft. Taxes Built
0.00 0 $18,600
On the market: 536 days

Est. Monthly Payment:

$11,843($10,293 + $1,550 taxes*)

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APPROVED
View full details, 15 photos, school info, and price history
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.
Listing courtesy of Randy Toomajanian, CHARLES RUTENBERG REALTY INC