1201 Dr Martin Luther King Jr Street N, St Petersburg, FL 33701
- $1,875,000
- List Price
- $1,875,000
- Status
- Active
- Days on Market
- 124
- Price Change
- ▼ $120,000 1784845837
- MLS#
- TB8490694
- Lot Size
- 12,410
- Acres
- 0.28
- Total Acreage
- 1/4 to less than 1/2
- Legal Subdivision Name
- East View Add
- MLS Area Major
- St Pete
Property Description
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.
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Additional Information
- Taxes
- $11626
- Location
- Buildable, Cleared, Corner Lot, City Limits, Near Public Transit, Sidewalk
- Community Features
- No Deed Restriction
- Utilities
- BB/HS Internet Capable
- Pool
- No Pool
- Flood Zone Code
- X
- Parcel ID
- 18-31-17-24174-000-0010
- Legal Description
- EAST VIEW ADDITION LOTS 1 AND 2
Listing courtesy of BHHS FLORIDA PROPERTIES GROUP. 813-694-7505
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