$450,000

1919 DR MARTIN LUTHER KING JR STREET S J, St Petersburg, FL 33705

  • 1,956 sqft
  • Property Icon Triplex
  • Property Year Built Icon Built in 1950
  • Property Lot Size Icon6,098sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $230/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Prime St. Petersburg Investment Opportunity | Triplex with Mixed-Use Zoning and Commercial Potential Rarely available and ideally located, this income-producing triplex—comprised of 1919, 1922, and 1923 Dr. Martin Luther King Jr. Street South—offers a compelling opportunity in one of St. Petersburg’s most active growth corridors. Situated on a highly visible, high-traffic roadway just minutes from downtown St. Pete, this property is zoned for mixed use, allowing for future commercial, residential, or live/work development options. Currently configured as a three-unit residential property, the site provides strong rental income potential while offering long-term value as the area continues to evolve. The location is in close proximity to public transportation, including bus and trolley lines, and offers quick access to major highways, connecting easily to Tampa, the beaches, and beyond. Whether you’re an investor seeking solid cash flow, a developer exploring retail or office conversion, or a buyer looking to capitalize on the live/work trend, this property checks every box. It is located near college campuses, employment hubs, and established neighborhoods, further enhancing both tenant demand and commercial viability. Properties with this level of location, zoning flexibility, and visibility rarely come to market—don’t miss this chance to secure a key piece of real estate in one of the fastest-growing areas in Pinellas County.

Listing Status:
Active
Date Added:
June 19, 2025 at 05:00AM
Listing Office:
LPT REALTY, LLC : 877-366-2213
Listing Agent:
Daniel Leutsch : 352-586-5685
MLS ID:
TB8398976
  • General: Other
  • Laundry: Other
  • A/C: Wall/Window Unit(s)
  • Heating: Wall Units / Window Unit

This listing courtesy of Daniel Leutsch, LPT REALTY, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Midtown Academy

1701 10th St S, Saint Petersburg, FL, 33705

Grades KG-5

0.25 miles away

J

John Hopkins Middle School

701 16th St S, Saint Petersburg, FL, 33705

Grades 6-8

1.04 miles away

P

Pinellas Mycroschool of Integrated Academics and Technologie

840 3rd Ave S, Saint Petersburg, FL, 33701

Grades 9-12

1.18 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.