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    11850 Dr Martin Luther King Jr N St Saint Petersburg, FL 33716-1619
    Property profile & analytics

    11850 Dr Martin Luther King Jr N St, Saint Petersburg, FL 33716-1619

    View on Map

    • Apartment buildings
    • 213,102 SF
    • 20.79 lot acres
    Off-Market
    Property ID
    US18-5893641
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $46,705,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Apartment buildings

    Property Details for 11850 Dr Martin Luther King Jr N St

    Year built
    2004
    Construction
    WOOD FRAME
    Lot size
    20.79 lot acres
    Property type
    Apartment buildings
    APN
    12-30-16-03627-000-0010
    APU
    123016036270000010

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Aug 15, 2016 $93,750,000 Tgm Bay Isle LLC Hart Bay Isle Key LLC Grant Deed $62.5M · Walker & Dunlop
    Sep 15, 2011 $51,399,700 Hart Bay Isle Key LLC Pinellas Pk Fl Bay Isle Key Ll Grant Deed —
    Jan 7, 2010 $32,250,000 Pp Bay Isle Key LLC Echelon Acquisition Co LLC Grant Deed $24.2M · General Electric Capital Corp
    Jun 9, 2009 $100,000 Echelon Aquisition Co LLC Mcrae & Stolz St Petersburg Ll Trustees Deed —
    Dec 13, 2005 $36,630,000 Mcrae Ll Tiaa Bay Isle Key II LLC Grant Deed —

    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $46,705,000
      Market price range: $35.6M - $46.7M
      AI Estimate
      $46,705,000
      Market price range: $35.6M - $46.7M
    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $41,010,000
      Current use
      AUTO REPAIR, GARAGE
      $74,370,000
      Change: +81% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $67,760,000
      Change: +65% Conversion: Difficult
      OFFICE BUILDING
      $63,335,000
      Change: +54% Conversion: Moderate
      WAREHOUSE, STORAGE
      $51,400,000
      Change: +25% Conversion: Difficult
      RETAIL STORES
      $50,305,000
      Change: +23% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Saint Petersburg
    County
    Pinellas
    State
    Florida
    Longitude
    -82.654
    Latitude
    27.881
    CBSA code
    45300
    CBSA name
    TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $789,405
    $0.00
    $0.00
    $40,750,000
    -
    $11,594,026
    $29,155,974
    $40,750,000
    More about this property
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