$1,995,000
1201 Dr Martin Luther King Jr Street N, Saint Petersburg, FL 33701
$1,995,000
1201 Dr Martin Luther King Jr Street N Saint Petersburg, FL 33701
For Sale MLS# TB8490694
Commercial
Details for 1201 Dr Martin Luther King Jr Street N
MLS# TB8490694
Description for 1201 Dr Martin Luther King Jr Street N, Saint Petersburg, FL, 33701
This is a rare shovel-ready development opportunity in a prime location. This vacant lot comes fully permitted and approved for the construction of six luxury townhomes, allowing a developer to begin building immediately after closing with no entitlement delays. The sale includes complete architectural plans and approved permits for six high-end units, each designed with modern layouts and rooftop terraces that overlook downtown and 9th Street, offering premium views and strong resale or rental appeal. The project has been thoughtfully designed to maximize both square footage and outdoor living space, creating a luxury product that stands out in the market. Opportunities like this are extremely limited — skip the multi-year planning and approval process and move straight to construction. This is a turnkey development site ideal for developers looking for their next high-end townhome project in a growing area.
Listing Information
Property Type: Commercial
Status: Active
Lot Size: 0.28 Acres
Subdivision: East View Add
Current Use: Commercial
County: Pinellas
Utilities
Water: Public
Sewer: Public Sewer
Other Utilities: High Speed Internet Available
Exterior / Lot Features
Lot Dimensions: 102x123
Additional Exterior/Lot Features: Corner Lot, Cleared, Near Public Transit, City Lot, Buildable
Community Features
Community Features: Sidewalks
Driving Directions
From 9th Street turn East onto 12th Ave. The lot is located on the corner.
Financial Considerations
Terms: Cash,Conventional
Tax/Property ID: 18-31-17-24174-000-0010
Tax Amount: 11626.69
Tax Year: 2025
A broker reciprocity listing courtesy: BHHS FLORIDA PROPERTIES GROUP
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 1201 Dr Martin Luther King Jr Street N
Sales History
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Tax Summary
| Tax Year | Estimated Market Value | Total Tax |
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| Currently not available. | ||
Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 1201 Dr Martin Luther King Jr Street N
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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