1250 Dr M.l.k. Jr St St. Petersburg, FL 33705
- Mixed-use properties
- 3,714 SF
- 0.19 lot acres
Current Use by Public Records
- Mixed-use properties
Property Details for 1250 Dr M.l.k. Jr St
- Year built
- 1925
- Lot size
- 0.19 lot acres
- Property size
- 3,714 SF
- Property type
- Mixed-use properties
- Property subtype
- Residential income homes
Description
This exceptional investment opportunity presents a meticulously renovated 4-unit multi-family property in St. Petersburg, Florida. The property, built in 1925, boasts a total of 3,714 square feet situated on a 0.19-acre lot. The main house, a charming American Foursquare, features three upstairs bedrooms, including a master suite with ensuite bathroom, and a hall bathroom. Downstairs, you'll find a spacious living room with a fireplace, a sunroom, a perfect office area, an updated kitchen, a dining area, a half-bath, and a laundry room. Three additional apartments complete the property; two are one-bedroom, one-bathroom units (one wheelchair accessible), and one is a studio. The property also features a stunning backyard oasis, complete with a plunge pool and ample space for entertaining. Abundant parking is available both in the front driveway and the back alley. The property is zoned CCT-1, offering a wide range of permitted uses. Its prime location places it steps from Crescent Lake, local coffee shops, and restaurants, and minutes from vibrant downtown St. Petersburg and I-275. The asking price is $1,790,000, translating to $481.96 per square foot. The property's APN is 13-31-16-02916-001-0020. This is a truly unique opportunity to acquire a high-performing, well-maintained multi-family property in a highly desirable location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- St. Petersburg
- County
- Pinellas
- State
- Florida
- Longitude
- -82.6467
- Latitude
- 27.7846
