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    1940 Dr Martin Luther King Jr St S St Petersburg, FL 33705

    Pending
    For Sale
    $700,000

    Business - ST PETERSBURG, FL

    Type:Business
    Property size:
    4,401 SF
    Lot size:
    0.46 Acres
    Days on Market:
    25
    Last Refresh:
    Dec 15 at 6:06 am

    Property Features for 1940 Dr Martin Luther King Jr St S

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Pending
    APN
    30-31-17-31284-001-0010
    Size
    4,401 SF
    Lot size
    0.46 Acres

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1976
    Building materials
    Block
    Architectural style
    Other

    Right Turn Realty, LLC (727) 688-5659 [email protected]

    Listing agent Tahisia Scantling (727) 688-5659 License #3276963

    Listing date Nov 21, 2025

    MLS# TB8362671 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 Corner Lot Property

    This property, formerly McRae’s Funeral Home, presents a unique opportunity on a corner lot. The 3,881 sq. ft. single-story structure is adaptable for multi-family living or revival as a funeral home. It includes a 2-bedroom, 1-bath unit with a full kitchen, suitable for on-site management. The property offers renovation potential for modern funeral services, including virtual options. Situated on a 0.46-acre corner lot, the property benefits from high visibility and easy access. With a total property size of 4,401 Square Feet, the location in St. Petersburg, FL, offers diverse possibilities for prospective owners.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Churches & religious facilities

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -82.646256
    Latitude
    27.750538

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    FAQs

    What type of property is this?
    Church & religious facility - Corner lot property with potential for multi-family or funeral home.
    Where is this church & religious facility located?
    The property is located at 1940 Dr Martin Luther King Jr St S St Petersburg, FL.
    What is the asking price?
    The asking price for this property is $700,000.
    What are key features of this property?
    This property features: - 3,881 sq. ft. single-story structure on a corner lot with high visibility and easy access.; - Flexible space ideal for a funeral home or adaptable for multi-family living.; - Includes a 2-bedroom, 1-bath unit with a full kitchen for on-site management.
    (727) 688-5659
    Request Owner's contact information
    1940 Dr Martin Luther King Jr St S St Petersburg, FL 33705
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    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
    1940 Dr Martin Luther King Jr St S St Petersburg, FL 33705
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