Listing by: Darcie Wheeler, ASSET MANAGEMENT REAL ESTATE, 727-254-3982
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0 Beds
n/a Full bath
2,000 SqFt
Active
Excellent Commercial Real Estate Opportunity in up-and-coming area near downtown St. Petersburg! This corner commercial retail property, along with an adjacent vacant lot, presents a strategic investment in a highly visible developing area near downtown. The property includes two parcels sold together. The first, 1139 MLK, features a 51’ x 130’ lot with a 2000 sq ft four-unit retail strip, each unit approximately 500 square feet. Adjacent, 1131 MLK is a vacant lot measuring 60’ x 130’, ready for development. Zoned CCT-1, both parcels (totaling .33 acres) allow for various commercial and mixed-use projects. Positioned in an opportunity zone amidst the city's southward redevelopment, this property holds much potential, with incentives for affordable housing. Whether you're an owner/user, investor, or developer looking to tap into St. Petersburg's growth, this property offers a promising opportunity. Don't miss out—contact us today to learn more!
Property Details | ||
|---|---|---|
| Price | $595,000 | |
| Lot Size | 111 x 130 | |
| Lot Size Area | 14430 | |
| Lot Size Area Units | Square Feet | |
| Acres | 0.33 | |
| Property Type | Commercial | |
| Sub type | Retail | |
| MLS Sub type | Retail | |
| Year Built | 1956 | |
| Subdivision | GREENWOOD PARK | |
| Roof | Other | |
| Heating | Wall Units / Window Unit | |
| Foundation | Slab | |
Geographic Data | ||
| Directions | From Cental Ave head South on Dr. Martin Luther King Jr St S to address on West side of street. | |
| County | Pinellas | |
| Latitude | 27.758588 | |
| Longitude | -82.646932 | |
| Market Area | 33705 - St Pete | |
Address Information | ||
| Address | 1139 Dr Martin Luther King Jr STREET S, SAINT PETERSBURG, FL 33705 | |
| Postal Code | 33705 | |
| City | SAINT PETERSBURG | |
| State | FL | |
| Country | United States | |
Listing Information | ||
| Listing Office | ASSET MANAGEMENT REAL ESTATE | |
| Listing Office Phone | 727-820-1991 | |
| Listing Agent | Darcie Wheeler | |
| Listing Agent Phone | 727-254-3982 | |
| Buyer Agency Compensation | 2.5% | |
| Compensation Disclaimer | The offer of compensation is made only to participants of the MLS where the listing is filed. | |
| Special listing conditions | None | |
| Ownership | Other | |
MLS® Information | ||
| Days on market | 1 | |
| MLS® Status | Active | |
| Listing Date | May 1, 2024 | |
| Listing Last Modified | May 2, 2024 | |
| Tax ID | 253116335160000050 | |
| Tax Year | 2023 | |
| Tax Annual Amount | 5461 | |
| MLS® Area | 33705 - St Pete | |
| MLS® # | U8240691 | |
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This information is believed to be accurate, but without any warranty.