2300 Dr Martin Luther King Jr Street SSt Petersburg, FL 33705MLS Number T3405258
- Price: $999,000
- 129 Days on Market
- 6,406Square Feet
- 0.47Acreage
- 1954Year Built
- ActiveMls Status
Pleased to offer this 20,500 sf Redevelopment Site directly on Dr. Martin Luther King St. in Saint Petersburg: 2 Freestanding commercial buildings for sale with great visibility. These two adjacent properties are located on South Dr. Martin Luther King Jr. with great road exposure and plenty of possibilities ideal for any retail, restaurant or office use. These 2 parcels sit on a highly visible 20,500 sf lot boasting one block constructed 3,412 SF freestanding office building and one block constructed 2,994 SF freestanding retail building. There is onsite parking, the property is fenced and secured. Zoned CG, the property is ideal for a variety of commercial uses. The properties are in close proximity to numerous restaurants, retail establishments and schools and can be used as a Retail Storefront, Neighborhood Tavern, Lounge, Restaurant, Gallery, Café, food truck location, Office and Countless other types of similar businesses. The potential is unlimited- a Neighborhood Grocery Store or Community Center would flourish here as well!
Purchase this redevelopment site and be part of the amazing growth that is happening in Saint Petersburg :: Future development of the area is allowing for numerous retail and office opportunities to be built up and down this heavily travelled corridor :: Current traffic counts exceed 15,700 VTD pass this location! Call Today for Your Showing!
INVESTMENT HIGHLIGHTS
AMAZING frontage, visibility and access
Direct Dr. Martin Luther King Jr Street frontage
Quick access to and from Tampa, St. Petersburg beaches, Downtown
Ideal for owner/user or developer creative conversion
Situated in a rapid growth area
Highest and best use: Redevelopment, Retail or Professional Office
Strong surrounding population of 99,660 residents within 3 miles of the property
Fantastic value-add potential
Average HH Income Exceeds $52,000 within 3-Mile Radius
Surrounding neighborhood businesses include: Meat house, Badcock Furniture, Mair's Grocery, Rjax Foodmart
The area is exploding with new commercial development and residential growth
OPPORTUNITY ZONED QUALIFIED- providing long-term tax benefits to the developer/investors
Listed by Tina Marie Eloian of FLORIDA COMMERCIAL GROUP

Taylormade Properties, Inc.
Office: 813-855-5858
9658 W. Linebaugh Ave.
Tampa, FL 33626
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More Info
Location Information
- Road Frontage["City Street"]
Basic Information
- Property SubTypeRetail
- Virtual TourView Tour
Property
- Living Area 6406
- ZoningCOMMERCIAL
Utilities
- Cooling Central Air
Water Body
- MFR Water Access YN No
- MFR Water View YN No
Other
- Date Listed09/28/2022
- MFR Flood Zone Code A V
- View Count1
Basic Information
- List Price$999,000
- MLS NumberT3405258
- Mls Status Active
- StatusACT
Building
- Building Area Source Public Records
- Garage Spaces
- Stories1
- Year Built1954
Property Information
- Acreage0.47
- Construction Materials Block
- Lot Size Dimensions 50x125
- Lot Size Square Feet 20,000
- MFR Total Acreage 1/4 to less than 1/2
- Number Of Lots 2
- Square Feet6,406
Tax Information
- Tax Year 2021
- Taxes$2,480
Location
- Address2300 Dr Martin Luther King Jr Street S
- AreaSt Pete
- Building Number2300
- CountyPinellas
- StateFL
- StreetDr Martin Luther King Jr
- SubdivisionWelshs Lakeview
- TownSt Petersburg
- Township 31
- Zip33705
Legal
- Listing Agreement Exclusive Right To Sell
- Parcel Number 31-31-17-95976-001-0210
- Tax Legal Description WELSH'S LAKEVIEW BLK A, LOT 21
Based on information submitted to StellarMLS as of February 4, 2023 . All data is obtained from various sources and has not been, and will not be, verified by broker or StellarMLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.
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