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Gelfand Realty Miami Properties for Sale - Multi Family for Sale

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

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Multi Family - for Sale

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

Asking Price$1,599,000 Change Price$100,000

  • Days on market:

    916 day(s)
  • Original Price:

    $1,699,000
  • Price per sqft:

    $362.34
  • Tax Legal Description:

    W 150FT OF E 190FT OF N 85FT OF SE 1/4 OF NE 1/4 OF NE 1/4 LESS N 10FT
  • Tax Year:

    2021
  • Property Type:

    Multi Family
  • Parking:

    6 to 12 Spaces
  • Construction Type:

    StuccoBlock Cement Siding
  • Roof:

    OtherRoof Over
  • Cooling Description:

    Wall/Window Unit(s)
  • Heating Description:

    Wall Units / Window Unit
  • Floor Description:

    CarpetOtherConcreteCeramic Tile
  • Special Listing Conditions:

    None
  • Lot Features:

    Sidewalk Street LightsCity Lot Near Public Transit

Description

$1,599,000 • living size area 4413 sqft

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.

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