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1335 Dr Martin Luther King Jr Street N

St. Petersburg, FL 33701

– beds
– baths
2,406 sqft
6,534 sqft lot
$554 per sqft
1910 build
– on site

This exceptional 6-unit mixed-use property in St. Petersburg’s 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.

Listing courtesy of STELLAR_MLS / CARPENTER REALTY GROUP

Last checked: Checking… • Last updated Jan 11, 2025 •

MLS# TB8337653 —

The Building

Year Built:

1910
New Construction:

false
Construction Materials:

Wood Frame
Roof:

Shingle
Foundation Details:

Crawlspace
# of Buildings:

1
Building Area Total:

3802
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Interior Features:

Other
Fireplace:

false

Room Dimensions

Living Area:

2406
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

Heading north on MLK, property will be on the right hand side.
Latitude:

27.785559
Longitude:

-82.646441
Coordinates:

-82.646441, 27.785559

The Property

Parcel Number:

183117241740000110
Property Type:

Residential Income
Property Subtype:

Multi Family
Lot Size Acres:

0.15
Lot Size Area:

6534
Lot Size SqFt:

6534
Lot Size Dimensions:

52 x 123
Lot Size Units:

Square Feet
Total Acres:

0 to less than 1/4
View:

City
View:

true
Exterior Features:

Sidewalk
Water Source:

Public
Road Surface Type:

Paved
Flood Zone Code:

X
Additional Parcels:

false
Lease Restrictions:

false
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Lot:

11
Tax Block:

24174
Tax Legal Description:

EAST VIEW ADDITION LOT 11
Tax Book Number:

1-44
Tax Annual Amount:

11368.08

The Listing

Special Listing Conditions:

None

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Cable Connected
Sewer:

Public Sewer

Appliances

Laundry Features:

Other

The Community

Subdivision Name:

EAST VIEW ADD
Senior Community:

false
Water View:

false
Water Access:

false
Waterfront:

false
Pool Private:

false
Association:

false
Ownership:

Fee Simple
Association Approval Required:

false

Parking

Garage:

true
Attached Garage:

false
Garage Spaces:

2
Carport:

false
Covered Spaces:

2

Extra Units

Other Structures:

Storage
# of Units Total:

6

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Max Internet Speed

Frontier

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price	% Change
1/11/25 Jan 11, 2025	Listed / Active	STELLAR_MLS	$1,335,000

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This multifamily located in Historic Uptown, St. Petersburg 33701 is currently for sale for $1,335,000. 1335 Dr Martin Luther King Jr Street N is a 2,406 square foot multifamily with – beds and – baths that has been on Estately for 0 days. 1335 Dr Martin Luther King Jr Street N is in the Historic Uptown neighborhood of St. Petersburg and has a WalkScore® of 67, making it somewhat walkable.

Listing Courtesy of: STELLAR_MLS and CARPENTER REALTY GROUP.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.