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1201 Dr Martin Luther King Jr Street N

St Petersburg, FL 33701
  • $1,995,000
  • STATUS: Active
  • ON SITE: 20 Days
  • MLS #: TB8490694
UPDATED: 153 min ago
$1,995,000
  • 0
    BEDS
  • 0.28
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:
Area:

School Ratings & Info

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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© 2026 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. 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 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. Data last updated 2026-04-14T23:43:53.013.
www.gulfcoastregroup.com/homes/174448977
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1201 Dr Martin Luther King Jr Street N St Petersburg, FL 33701

  • Price: $1,995,000
  • Status: Active
  • On Site: 20 Days
  • Updated: 153 min ago
  • MLS #: TB8490694
0
Beds
0
Baths
0
½ Baths
0.28
Acres
Neighborhood:
East View Add
County:
Pinellas
Area:
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.
Exterior Features

Direction Faces Undetermined Lot Features BuildableClearedCorner LotCity LotNear Public TransitSidewalk Lot Size Dimensions 102 x 123 Road Frontage Type City Street Road Surface Type Asphalt Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Sewer Public Sewer Water Source Public

Property Features

Association Fee Requirement None Association Yn No Current Use Commercial Flood Zone Code X For Lease Yn No Listing Terms CashConventional Ownership Fee Simple Realtor Info As-Is Special Listing Conditions None Tax Annual Amount 11626.69 Total Annual Fees 0 Total Monthly Fees 0 Utilities BB/HS Internet Capable


Listing information © 2026 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of BHHS FLORIDA PROPERTIES GROUP: 813-694-7505.



© 2026 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. 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 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. Data last updated 2026-04-14T23:43:53.013.
 
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