1441 Dr Martin Luther King Jr Street S

    St Petersburg, FL 33705
    • $389,900
    • STATUS: Active
    • ON SITE: 28 days
    • MLS #: U8076579
    Price Reduced
    UPDATED: 35 min ago
    $389,900
    • 0
      BEDS
    • 0.61
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,560
      SQFT
    • $250
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1925
    County:
    Area:

    School Ratings & Info

    Description

    Great potential for Developers looking to take advantage of revitalization areas near Downtown St. Petersburg and the Bay.The St. Petersburg Community Redevelopment Agency has established community redevelopment areas (CRAs), adopted redevelopment plans and approved redevelopment trust funds. Take advantage of Grants and Tax incentives to build Retails Shops, Restaurant, Office Space, Multi-family, or Apartments, take your pick. Can be mixed use professional offices with apartments above and townhomes to the rear of the property. Property has 138 foot frontage on MLK and 190 foot depth. The front 150 foot depth is zoned CRT-1 (mixed use) with the rear 40 foot depth being zoned NT (townhomes). Build up to 4 stories and 18 units for workforce housing or 15 units for non-workforce housing. Located blocks from desirable Historic Roser Park and less than 1/2 mile of three major hospitals (Childrens, Bay Front and St. Anthonys) and within 1.5 miles of downtown St. Petersburg, Tropicana Dome, Mahaffey/Dali/USF/Vinoy Park and the Marina. Banks, theaters, restaurants, boutiques, galleries and shopping are all in the Grand Central Corridor. Easily accessible to I-275 off MLK at 5th Ave S. Property sits at 29 foot elevation placing it well above the flood plane. Motivated Seller, Ready for immediate development, additional information regarding CRA Grant Program avaiable on City of St Pete Website. Contact us direct for web links and additional information.

    Monthly Payment Calculator




    © 2020 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2020-03-29T10:39:14.173.
    www.soldbyfigteam.com/homes/103708394

    1441 Dr Martin Luther King Jr Street S St Petersburg, FL 33705

    • Price: $389,900
    • Status: Active
    • Updated: 35 min ago
    • MLS #: U8076579
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.61
    Acres
    1,560
    SQFT
    $250
    $/SQFT
    1925
    Built
    Neighborhood:
    St Pete
    County:
    Pinellas
    Area:
    St Pete
    Property Description
    Great potential for Developers looking to take advantage of revitalization areas near Downtown St. Petersburg and the Bay.The St. Petersburg Community Redevelopment Agency has established community redevelopment areas (CRAs), adopted redevelopment plans and approved redevelopment trust funds. Take advantage of Grants and Tax incentives to build Retails Shops, Restaurant, Office Space, Multi-family, or Apartments, take your pick. Can be mixed use professional offices with apartments above and townhomes to the rear of the property. Property has 138 foot frontage on MLK and 190 foot depth. The front 150 foot depth is zoned CRT-1 (mixed use) with the rear 40 foot depth being zoned NT (townhomes). Build up to 4 stories and 18 units for workforce housing or 15 units for non-workforce housing. Located blocks from desirable Historic Roser Park and less than 1/2 mile of three major hospitals (Childrens, Bay Front and St. Anthonys) and within 1.5 miles of downtown St. Petersburg, Tropicana Dome, Mahaffey/Dali/USF/Vinoy Park and the Marina. Banks, theaters, restaurants, boutiques, galleries and shopping are all in the Grand Central Corridor. Easily accessible to I-275 off MLK at 5th Ave S. Property sits at 29 foot elevation placing it well above the flood plane. Motivated Seller, Ready for immediate development, additional information regarding CRA Grant Program avaiable on City of St Pete Website. Contact us direct for web links and additional information.
    Exterior Features

    Construction Materials Wood Frame Foundation Details Crawlspace Lot Features Corner LotIn City LimitsNear Public TransitOversized LotStreet Paved Water Access Yn No Water Extras Yn No Waterfront Feet Total 0 Waterfront Yn No

    Interior Features

    Cooling Central Air

    Property Features

    Additional Parcels Yn No Business Type CommercialMedicalMixedProfessional/OfficeResidential Flood Zone Code X Listing Terms CashConventional New Construction Yn No Property Condition Completed Property Sub Type Mixed Use Realtor Info No Sign Special Listing Conditions None Tax Annual Amount 0.00 Tax Year 2018 Total Num Buildings 2


    Listing information © 2020 My Florida Regional MLS DBA Stellar MLS..
    Listing provided courtesy of Re/Max Home.



    © 2020 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2020-03-29T10:39:14.173.
     
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