1335 Dr Martin Luther King Jr St N
Saint Petersburg, FL 33701
-- Bed
-- Bath
2,406 Sq Ft
14 Days on Market
For Sale $1,335,000
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Courtesy of CARPENTER REALTY GROUP

Listing Agent & Comments

Tyler CarpenterCARPENTER REALTY GROUP
813-362-4586Tylercarpenterventures@gmail.com
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.

MLS# MFRTB8337653 • Data provided by StellarMLS as distributed by MLS Grid
Additional home details
Living Area2,406 Sq.Ft.
Lot Size6,534 Sq.Ft.
Total Rooms--
Bedrooms--
Bathrooms--
Stories3
Year Built1910
Property TypeMultifamily
Zoning--
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2024
Tax Amount$11,368
Property in Flood Zone--
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More Information On This Home
This home's estimated value
$1,094,070
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
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HouseCanary, Inc. Brokerage

1335 Dr Martin Luther King Jr St N, Saint Petersburg, FL 33701

Multifamily
-- Bed
-- Bath
2,406 Sq Ft
14 Days on Market

Listing Agent & Comments

Tyler CarpenterCARPENTER REALTY GROUP
813-362-4586Tylercarpenterventures@gmail.com
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.

MLS# MFRTB8337653 • Data provided by StellarMLS as distributed by MLS Grid
Additional home details
Living Area2,406 Sq.Ft.
Lot Size6,534 Sq.Ft.
Total Rooms--
Bedrooms--
Bathrooms--
Stories3
Year Built1910
Property TypeMultifamily
Zoning--
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2024
Tax Amount$11,368
Property in Flood Zone--
We’ll connect you with top agents in your area.
New
Do you own this home?
Access your homeowner dashboard
house
For Sale $1,335,000
Request tour
Save
Courtesy of CARPENTER REALTY GROUP
1335 Dr Martin Luther King Jr St N
Saint Petersburg, FL 33701
-- Bed
-- Bath
2,406 Sq Ft
14 Days on Market

Listing Agent & Comments

Tyler CarpenterCARPENTER REALTY GROUP
813-362-4586Tylercarpenterventures@gmail.com
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.

MLS# MFRTB8337653 • Data provided by StellarMLS as distributed by MLS Grid
Additional home details
Living Area2,406 Sq.Ft.
Lot Size6,534 Sq.Ft.
Total Rooms--
Bedrooms--
Bathrooms--
Stories3
Year Built1910
Property TypeMultifamily
Zoning--
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2024
Tax Amount$11,368
Property in Flood Zone--
We’ll connect you with top agents in your area.
More Information On This Home
This home's estimated value
$1,094,070
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
New
Do you own this home?
Access your homeowner dashboard
house

For Sale $1,335,000
Request tour
Save
Courtesy of CARPENTER REALTY GROUP