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Turnkey Medical and Wellness Facility
For Sale
$2,400,000

1700 DR MARTIN LUTHER KING JR Street N, St Petersburg, FL 33704

SINGLE_FAMILY - ST PETERSBURG, FL

Property Size5,784 SF
Lot Size0.49 Acres
Price / SF$414.94
Days on Market472

Property Features for 1700 DR MARTIN LUTHER KING JR Street N

General Information

Property type Residential
Property subtype Office
Security features Security System
Appliances Dishwasher, Dryer, Microwave, Refrigerator, Washer
Subdivision LAMBRECHTS REP
Lot features Corner Lot, City Limits, Near Public Transit, Oversized Lot, Sidewalk, Street Lights, Paved
Directions From I-275 South, take Exit 24 for 22nd Avenue North, turn left onto 22nd Avenue, then right onto Dr. Martin Luther King Jr Street North; the property is about half a mile down on the right.
Standard status Active
APN 13-31-16-49807-001-0010
Size 5,784 SF
Lot size 0.49 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description LAMBRECHT'S REPLAT BLK I, LOT 1
Tax Annual Amount 18637
Legal Description LAMBRECHT'S REPLAT BLK I, LOT 1

Utilities

Utilities Phone Available
Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1986
Floors in Building 1
Building materials Block, Brick
Roof type Shingle
Listing Agency: LPT REALTY, LLC
Listed By: Robert Mitchell II · License #01338677
Added: May 3, 2025 Changed: Aug 13 Last Checked: Aug 17 at 10:06AM
MLS# TB8379976

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Well-positioned medical and wellness facility in a concrete block building offering 14 private offices or treatment rooms, five bathrooms, a spacious reception area, a full kitchen, and a separate kitchenette. The interior is configured to accommodate a single operation or be divided into two independent suites, supporting a range of professional uses. The sale includes professionally appraised medical and wellness equipment, including specialized systems and wellness/therapy equipment.

The property sits on a large lot with prominent street frontage and ample parking. It is located in St. Petersburg near downtown and is described as being in a high-traffic area with a Walk Score of 88, supporting strong day-to-day exposure. Seller preference is to sell the building and equipment together, with an option to separate the real estate and equipment if needed.

Key Highlights

  • Nearly 6,000 SF concrete block medical and wellness facility built in 1986
  • 21,275 SF lot with prominent street frontage and ample on‑site parking
  • Flexible interior layout with 14 private offices/treatment rooms, 5 bathrooms, reception area, full kitchen, and separate kitchenette

Property Analytics

Current Use

Medical centers

Suggested Use

Top Pick Dental Office Law Firm Building Supply Auto Parts Store Kitchen & Bath Showroom HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

14
Office units

Location Intelligence

Trade Area within ½ mile

969
Businesses Nearby

Demographics for 33704, FL

16,031
Population
9,037
Households
1.8
Avg Household Size
46
Median Age
58%
College-Educated
98%
High-School Grad
3.4 sq mi
ZIP Area
4,715
Density / Sq Mi
$102,647
Median Household Income
$63,803
Median Earnings
$1,398
Median Rent
$657,400
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Medical center - Concrete block medical and wellness building with flexible suite layout and included treatment equipment.
Where is this medical center located?
The property is located at 1700 DR MARTIN LUTHER KING JR Street N St Petersburg, FL.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: Nearly 6,000 SF concrete block medical and wellness facility built in 1986; 21,275 SF lot with prominent street frontage and ample on‑site parking; Flexible interior layout with 14 private offices/treatment rooms, 5 bathrooms, reception area, full kitchen, and separate kitchenette
More about this property
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