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1118 S Dr Martin Luther King Jr Street

Saint Petersburg, FL 33701
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SqFt32,400

Sqft(Lot)

Acres0.85

Acre(Lot)

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 neighborhoo ds, 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.

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Detail Ic Property Details

Property Type : Land

Price : $2,000,000

AD Id : 85051768

MLS Id : MFRTB8520535

Lot Size : 0.85 Acre(Lot)

Living Area Size : 32,400

County : Pinellas

Subdivision: Grahams T W Sub

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Feature Features

  • Water Source

    WaterSource: Public

  • Lot Information

    Lot Dimensions: 250x130 Lot Description: Oversized Lot Lot Square Feet: 32400 Lot Acres: 0.85 Lot Size (SqMt): 3010

    Property Information

    Property Type: Land

  • Listing Price Information

    Original List Price:$2250000

  • Tax Information

    Tax Block: 12345 Tax Book Number: 1-15 Tax Lot: 1 Tax Legal Description: GRAHAM'S, T. W. SUB LOTS 1 AND 2 LESS RD R/W Annual Tax: $4207.55 Tax Year: 2025 Parcel Number: 30-31-17-32490-000-0010

  • Utility Information

    Public Sewer: Public Sewer Water Source: Public
  • Location Information

    Subdivision: GRAHAMS T W SUB City: ST PETERSBURG Direction: MLK, 9th ave s to 11th st s, turn left, land is on the right
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
421 15th Avenue, Saint Petersburg, FL, 33701 $1,100,000 -- -- 10,167 0.23 Acre(Lot)
631 4th Street, Saint Petersburg, FL, 33701 $2,499,000 -- -- 14,174 0.33 Acre(Lot)
000 Newton Avenue, Saint Petersburg, FL, 33701 $349,900 -- -- 4,173 0.09 Acre(Lot)
1201 Dr Martin Luther K.., Saint Petersburg, FL, 33701 $1,995,000 -- -- 12,410 0.28 Acre(Lot)
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ByOwner last updated this listing 06/30/2026 @ 06:20

MLS: MFRMLS #TB8520535 LISTED BY: Nick Janovsky, SERHANT 646-480-7665 SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS) (Listings courtesy of MFRMLS (My Florida Regional MLS DBA Stellar MLS) as distributed by MLS GRID)

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