Address
1201 Dr Martin Luther King Jr Street N, ST PETERSBURG, FL
Price
$ 1,875,000
Property Attributes
  • MLS#TB8490694
  • TypeLand
  • Listing Status Active
  • CountyPinellas
  • CityST PETERSBURG
  • AreaSt Pete
  • NeighborhoodEAST VIEW ADD
  • Zip33701
  • Style
  • Taxes$ 11626
  • Price$ 1,875,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.28 Acres
Data Source:
Stellar MLS
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.

Price History
3/26/2026 Listed $1,995,000
7/23/2026 6$1,875,000

General Features

Sewer Public Sewer
Utilities BB/HS Internet Capable
Tax Year 2025
Current Use Commercial
Ownership Fee Simple
County Pinellas
Property Type Land
Subdivision Name EAST VIEW ADD
Facing Direction Undetermined
Status Active
Directions From 9th Street turn East onto 12th Ave. The lot is located on the corner.
City ST PETERSBURG
MLS Area 33701 - St Pete
Lot Size Units Square Feet
Lot Size Square Feet 12410
Listing Terms Cash,Conventional
Tax Annual Amount 11626.69
Additional Parcels Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8490694
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 1
Legal Description EAST VIEW ADDITION LOTS 1 AND 2
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
Flood Zone Code X Yes
DockY/N false

Exterior Features

Lot Features Buildable,Cleared,Corner Lot,City Lot,Near Public Transit,Sidewalk
Water Source Public
Lot Size Area 12410
Lot Dimensions 102 x 123
Lot Size Acres 0.28
Road Surface Type Asphalt
Waterfront Y/N false
Road Frontage Type City Street

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 33701

Price
AVG $1.49M
$1.88M
Taxes
AVG $7,514
$11,626