St. Petersburg Hospitality Property For
For Sale
Contact for pricing
1501 Dr M.L.K. Jr St N, Saint Petersburg, FL 33704
Hospitality property in St. Petersburg with renovated rooms and proximity toamenities.
Property Size16,448 SF
Price / SF$265.99
Days on Market1165
Property Features for 1501 Dr M.L.K. Jr St N
General Information
Standard status
Active
Size
16,448 SF
Property subtype
Hospitality
Zoning
18-31-17-43182-000-0010
Net Operating Income
$486,960
Building Details
Year Built
1960
Year Renovated
2023
Buildings
2
Stories
2
Listing Agency:
JT Multifamilty Team
Listed By:
Joshua Teplitzky · License #SL3254354
(813) 541-2135
Source:
Crexi
Added: Jul 13, 2023
Changed: Sep 17
Last Checked: Sep 18 at 8:15AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JT Multifamilty Team
Investment Insights
Based on property information with market context.
This hospitality property is located in St. Petersburg, Florida. The property features a mix of studio, one-bedroom, and two-bedroom floor plans. All rooms were renovated in 2022, and the exterior building paint is new. Constructed with concrete block, the property is situated in close proximity to downtown St. Petersburg and the retail and restaurants on 4th Street. The University of South Florida St. Petersburg Campus is less than ten minutes away. The property, totaling 16,448 square feet, is suitable for long-term stays and monthly rentals, with many apartment-style units.
Key Highlights
- Premium location in the heart of desirable St. Petersburg.
- All rooms renovated in 2022.
- Close proximity to downtown St. Petersburg and retail/restaurants on 4th Street.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
636
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hospitality property - Hospitality property in St. Petersburg with renovated rooms and proximity toamenities.
Where is this hospitality property located?
The property is located at 1501 Dr M.L.K. Jr St N Saint Petersburg, FL.
What is the asking price?
The asking price for this property is $4,375,000.
What are key features of this property?
This property features: Premium location in the heart of desirable St. Petersburg.; All rooms renovated in 2022.; Close proximity to downtown St. Petersburg and retail/restaurants on 4th Street.
