2300 Drive Martin Luther King Jr Street SSt Petersburg, FL 33705MLS Number T3405258

  • Sale Price: $750,000
  • 151 Days Since Sale
$/month over payments
Federal 30-year interest rate: 6.94% last updated on Feb 29, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
2300 Drive Martin Luther King Jr Street S St Petersburg FL 33705
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  • 6,406Square Feet
  • 0.47Acreage
  • 1954Year Built
  • SoldMls 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 (813-935-9600)


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Taylormade Properties, Inc.
Taylormade Properties, Inc.
9658 W. Linebaugh Ave.
Tampa, FL 33626

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More Info

Location Information

  • Road Frontage["City Street"]

Basic Information


  • Building Area Source Public Records
  • Garage Spaces
  • Stories1
  • Year Built1954

Water Body

  • MFR Water Access YN No
  • MFR Water View YN No


  • Date Listed09/28/2022
  • MFR Flood Zone Code A V
  • View Count35

Basic Information

  • List Price$799,000
  • MLS NumberT3405258
  • Mls Status Sold
  • Sale Date10/04/2023
  • Sale Price$750,000
  • StatusSLD


  • Living Area 6406


  • Cooling Central Air

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


  • Address2300 Drive Martin Luther King Jr Street S
  • AreaSt Pete
  • Building Number2300
  • CountyPinellas
  • StateFL
  • StreetDr Martin Luther King Jr
  • SubdivisionWelshs Lakeview
  • TownSt Petersburg
  • Township 31
  • Zip33705

Based on information submitted to StellarMLS as of March 2, 2024 . 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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