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    1919 Dr Martin Luther King Jr St S St Petersburg, FL 33705

    For Sale
    $450,000

    Triplex - ST PETERSBURG, FL

    Type:Triplex
    Property size:
    1,956 SF
    Lot size:
    0.14 Acres
    Days on Market:
    136
    Last Refresh:
    Dec 6 at 9:06 am

    Property Features for 1919 Dr Martin Luther King Jr St S

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Triplex
    Standard status
    Active
    APN
    25-31-16-19350-004-0150
    Size
    1,956 SF
    Lot size
    0.14 Acres

    Utilities

    Heating system
    Ductless (Heating)
    Cooling system
    Multi Units, Wall/Window Unit(s), Window Unit(s)

    Building Details

    Year built
    1950
    Number of units
    3
    Building materials
    Block
    Roof type
    Shingle
    Architectural style
    Other

    LPT Realty, LLC. (877) 366-2213 [email protected]

    Listing agent Daniel Leutsch (877) 366-2213 License #3610357

    Listing date Jul 24, 2025

    MLS# TB8398976 Listing URL

    Copyright © 2025 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.

    Overview

    St. Petersburg Triplex with Mixed-Use Zoning

    This income-producing triplex, located at 1919, 1922, and 1923 Dr. Martin Luther King Jr. Street South in St. Petersburg, Florida, presents an investment opportunity in a rapidly developing area. The property, situated on a 0.14-acre lot, is zoned for mixed-use, offering possibilities for commercial, residential, or live/work developments. Currently configured as a three-unit residential property, it provides rental income potential. The 1,956 square-foot property is positioned on a high-traffic roadway, minutes from downtown St. Pete, near college campuses, employment hubs, and established neighborhoods. Its location offers proximity to public transportation, including bus and trolley lines, with access to major highways connecting to Tampa and the beaches. This property may suit investors seeking cash flow, developers considering retail or office conversion, or buyers interested in the live/work trend.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    St Petersburg
    County
    Pinellas
    State
    Florida
    Longitude
    -82.646839
    Latitude
    27.750614

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    FAQs

    What type of property is this?
    Triplex - Income-producing triplex with commercial potential in a high-growth corridor.
    Where is this triplex located?
    The property is located at 1919 Dr Martin Luther King Jr St S St Petersburg, FL.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: - Prime location on a high-traffic roadway in a rapidly growing St. Petersburg corridor, minutes from downtown.; - Mixed-use zoning allows for flexible development options: commercial, residential, or live/work.; - Income-producing triplex with strong rental potential and long-term value appreciation.
    (877) 366-2213
    Request Owner's contact information
    1919 Dr Martin Luther King Jr St S St Petersburg, FL 33705
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1919 Dr Martin Luther King Jr St S St Petersburg, FL 33705
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