Attention Developers and Builders! This is a rare opportunity to acquire a 1.08 vacant parcel Zoned CRS-1 in prime North St. Pete which allows a variety of uses; including multifamily (up to 15 units per acre), office, and other uses. The property is located in a highly desirable location close to I-275, the Gandy Bridge, Gateway Mall, Downtown St. Pete, Tampa International Airport, and Clearwater Airport. The sales and rental markets in this area are strong, making this a great opportunity for developers/builders. Priced at approx. $44/SF or $130,000 per unit if able to build 15 multifamily units. Bonus - Seller also owns 3 adjacent properties that are negotiable at Sellers option. One of them is a corner office building with Dr MLK Jr frontage also zoned CRS-1.
Property Details
Property Features
Listing Office:
Office Name: CHARLES RUTENBERG REALTY INC
Office Phone: (866) 580-6402
Listing Agent: Randy Toomajanian
Lot Features
Lot Information:
Lot: City Lot, Level, Near Public Transit, Other, Oversized Lot, Sidewalk
Lot Size: 1.08 Acres
Other
Directions Information:
Directions: Saint Petersburg. Take Dr MLK Jr ST N to 72nd Ave N. Park in large vacant lot between 72nd Ave N and 73rd Ave N.
Price Information
Listing Price Info
Price Summary:
List Price: $1,950,000
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Housing Market Comparison
See how this home compares to others in Saint Petersburg, FL.
7200BLOCKOF Dr Martin Luther King Jr St N vs Saint Petersburg
498 DAYS ON ROCKET
+436 Days
$1,950,000
+$1.5M More
KEY TAKEAWAY
This property is $1.5M more than the Median Sold Price in Saint Petersburg, FL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MFRMLS
MLS Number: #U8202085
Listing Office:
Office Name: CHARLES RUTENBERG REALTY INC
Office Phone: (866) 580-6402
Listing Agent: Randy Toomajanian
Listings courtesy of Stellar MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/17/2024, 9:19:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Campbell Park Elementary
1051 7th Ave S
Distance between this listing and this school0.56 miles
Public District Grades PK-5
4
/10
Melrose Elementary
1752 13th Ave S
Distance between this listing and this school1.15 miles
Public Magnet Grades PK-5
7
/10
Midtown Academy
1701 10th St S
Distance between this listing and this school1.24 miles
Public Magnet Grades KG-5
Nearby Schools
3
/10
John Hopkins Middle School
701 16th St S
Distance between this listing and this school0.82 miles
Public Magnet Grades 6-8
6
/10
James B. Sanderlin K-8
2350 22nd Ave S
Distance between this listing and this school2.00 miles
Public Magnet Grades KG-8
6
/10
Thurgood Marshall Fundamental
3901 22nd Ave S
Distance between this listing and this school2.85 miles
Public Magnet Grades 6-8
Nearby Schools
1
/10
Pinellas Mycroschool of Integrated Academics and Technologie
840 3rd Ave S
Distance between this listing and this school0.26 miles
Public Charter Grades 9-12
5
/10
St. Petersburg High School
2501 5th Ave N
Distance between this listing and this school1.40 miles
Public Magnet Grades 9-12
4
/10
Gibbs High School
850 34th St S
Distance between this listing and this school2.04 miles
The neighbors living near this home have an average income of $10,895. The most common annual income of people living in Saint Petersburg, FL is less than $35k. The most common type of family is single, no kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 7200BLOCKOF Dr Martin Luther King Jr St N
What is the listing price of this property?
The listing price of 7200BLOCKOF Dr Martin Luther King Jr St N property is $1,950,000.
What type of property is this?
The property 7200BLOCKOF Dr Martin Luther King Jr St N is land located in Saint Petersburg, Florida, 33702.
Is this property for sale now?
Active Listing: 7200BLOCKOF Dr Martin Luther King Jr St N is For Sale (Active/New) which means the seller is accepting offers.
How much acreage is this property?
The property 7200BLOCKOF Dr Martin Luther King Jr St N is 1.08 acres.
Interested in 7200BLOCKOF Dr Martin Luther King Jr St N? Let's connect.
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This home is located at 7200BLOCKOF Dr Martin Luther King Jr St N in Saint Petersburg, FL and zip code 33702 in the Tropicana Field neighborhood. This home sits on a 1.08 acre lot. It has been listed on Rocket Homes since July 08, 2023 and is currently priced at $1,950,000.
Over 28 listings were sold over their listed price in October 2024 in Saint Petersburg, FL. In the same period over 180 listings were sold below the listed price and 47 listings were sold for the listed price. Between September 2024 and October 2024, Saint Petersburg, FL real estate market has seen increase in the number of listings by 5.9%. Listings spent 62 days on the market in October 2024, and had a median list price of $435,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
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