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7200 Block Of Dr Martin Luther King Jr Street N

MLS# U8202085
Details

U8202085

$1,800,000

1

18,600

7200 Block Of Dr Martin Luther King Jr Street N

St Petersburg

FL

N/A

No

No

No

Land

$2,500,000

-7.69 %

Vacant Lot 330 x 143



Property Description

ST PETERSBURG Homes for Sale. 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.

Driving 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.