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1118 S Dr Martin Luther King Jr Street S, St Petersburg

$1,400,000

Exceptional development opportunity in Historic Roser Park, one of St. Petersburg’s most distinctive and sought-after neighborhoods. This rare assemblage consists of five contiguous lots totaling approximately 32,500± SF (250’ x 130’) with 250 feet of frontage and located in a desirable X Flood Zone. Positioned just minutes from Downtown St. Petersburg, Bayfront Health, Johns Hopkins All Children’s Hospital, the Innovation District, USF St. Petersburg, and the vibrant Central Avenue corridor, the site offers outstanding accessibility and long-term growth potential. The property is mixed-use capable with development flexibility and potential FAR benefits through residential rental incentives. Opportunities of this scale are increasingly difficult to find within established urban neighborhoods, particularly in Roser Park, a historic enclave of approximately 130 homes known for its character, walkability, and proximity to downtown amenities. Ideal for luxury townhomes, multifamily, mixed-use, workforce housing, or a signature infill development. A separate fully designed 18-unit development concept and supporting due diligence materials may be available to qualified purchasers. Buyer to verify all zoning, density, FAR, land use, development rights, and intended use with the City of St. Petersburg. Rare scale. Exceptional location. Significant development potential.

Grahams T W Sub SubDv. ⋅ 33701 Zip Code

1118 S Dr Martin Luther King Jr Street S, St Petersburg

$475,999

LOW MAINTENANCE HOME. COMPLETELY REMODELED. Benefits: High Elevation Benefits: X Flood Zone = No Flood Insurance. No damage ever reported from hurricanes. Xeriscape = No Mowing and No irrigation = Low Water Bill and Low (cost) maintenance. No HOA = Less monthly Expense. More flexibility. Pets welcome. Bring the motorcycle. Already renovated including extra insulation and upgrades = No capital expenditures and low electric bill. Renovations include roof, electric, kitchen, bathrooms, flooring, front entry, extra closets and shelving, landscaping, garage floor and pavers. Renovations and upgrades completed between 2017-2026 Lots of (large) windows to enjoy sunlight. Termite protection warranties in place. Last year inspected and Insurance approved. Recently painted inside and outside. One block street = little traffic. No thru traffic on Marion. We have neighborhood block parties. Friendly neighbors. We will introduce you! Great for Primary or Secondary Residence. Location: The new “Innovation District” is growing and we border Ingleside and the beautiful historic Roser Park. Walk or bike to the WATERFRONT, MARINA, Central Ave and restaurants and entertainment. 9th St Corridor improvement projects and Historic Gas Plant District Redevelopment. Central location in St Petersburg and close to I 275 for travel and convenience. Previously used as a short-term rental; any furniture or contents may be purchased under separate agreement. Golf carts allowed. E-bike and scooter rentals are available nearby.

3 Beds ⋅ 2 Baths ⋅ Grahams T W Sub SubDv. ⋅ 33701 Zip Code

1137 Highland Street S, St Petersburg

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