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    1501 Dr M.l.k. Jr St St. Petersburg, FL 33704

    • Hospitality properties
    • 16,448 SF
    For Sale
    View listing
    $4,375,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Hospitality properties

    Property Details for 1501 Dr M.l.k. Jr St

    Year built
    1960
    Property size
    16,448 SF
    Property type
    Hospitality properties
    Property subtype
    Hotels

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    St. Petersburg
    County
    Pinellas
    State
    Florida
    Longitude
    -82.6465
    Latitude
    27.7863

    Comparable in this City

    • Value Estimation by Request
      2,112 SF

      2301 4th N St

      HOTEL/MOTEL • 2,112 SF
      2301 4th N St, Saint Petersburg, FL 33704-2801
      View Details
    • Value Estimation by Request
      7,171 SF

      1930 4th N St

      HOTEL/MOTEL • 7,171 SF
      1930 4th N St, Saint Petersburg, FL 33704-4308
      View Details
    • Value Estimation by Request
      7,438 SF

      1501 Dr Martin Luther King Jr N St

      HOTEL/MOTEL • 7,438 SF
      1501 Dr Martin Luther King Jr N St, Saint Petersburg, FL 33704-4201
      View Details
    • Value Estimation by Request
      4,764 SF

      3120 4th N St

      HOTEL/MOTEL • 4,764 SF
      3120 4th N St, Saint Petersburg, FL 33704-2125
      View Details
    • Value Estimation by Request
      0.34 Acres

      Palmera NE Blvd

      GOLF COURSE • 0.34 Acres
      Palmera NE Blvd, Saint Petersburg, FL 33704
      View Details
    • Value Estimation by Request
      0.31 Acres

      222 35th N Ave

      INDUSTRIAL - VACANT LAND • 0.31 Acres
      222 35th N Ave, Saint Petersburg, FL 33704-1408
      View Details

    Similar Nearby for Sale

    • $4,375,000
      16,448 SF

      1501 Dr M.l.k. Jr St

      Hotels • 16,448 SF
      1501 Dr M.l.k. Jr St, St. Petersburg, FL 33704
      View Details
    • $1,495,000
      0.33 Acres

      Vacant Lot in Snell Isle

      Cleared vacant lot in desirable St. Petersburg neighborhood.
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      2,838 SF

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      Recently restored triplex in desirable St. Petersburg neighborhood.
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    • $849,950

      Prime Lot in Snell Isle

      Dream home opportunity in coveted Snell Isle community.
      372 Bayview Dr, St Petersburg, FL 33704
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    • $900,000
      2,094 SF

      St. Petersburg Multifamily Investment Opportunity

      Five units in three buildings near downtown St. Petersburg.
      1040 19Th Ave N, St Petersburg, FL 33704
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    • $550,000
      1,901 SF

      Turnkey Duplex in St. Petersburg

      Prime St. Petersburg duplex with strong cash flow and updated units.
      3651 Haines Rd N, St Petersburg, FL 33704
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    Similar Nearby for Lease

    • $25 SF/Yr
      43,740 SF

      St. Petersburg Office Space for Lease

      Prime St. Pete office suites, immediate occupancy.
      3637 4Th St, St. Petersburg, FL 33704
      View Details
    • Contact for pricing

      Retail Space on 4th Street

      Retail spaces available near University of South Florida St. Pete.
      2424 4Th St N, St Petersburg, FL 33704
      View Details
    • $22 SF/Yr
      2,111 SF

      Available Office Space Near Hospital

      2,111 SF office space near St. Petersburg General Hospital.
      5747 38Th Ave N, Saint Petersburg, FL 33704
      View Details
    • $3,000 /Mo
      2,000 SF

      Retail Spaces Near Downtown

      Exclusive retail spaces available for lease near Central Ave.
      2300 Dr Martin Luther King Jr St S, St Petersburg, FL 33704
      View Details
    • $35 SF/Yr
      2,500 SF

      Retail Space in Modern Building

      Modern retail space with high traffic and ample parking.
      182 37Th Ave N, Saint Petersburg, FL 33704
      View Details
    • Contact for pricing
      1,700 SF

      Suburban Office Building Near Hospital

      Six-story office building suitable for professional or medical use.
      2600 Dr Martin Luther King Jr St N, Saint Petersburg, FL 33704
      View Details
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    St. Petersburg, FL 33704
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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
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