Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    128 Dr Martin Luther King Jr N St Saint Petersburg, FL 33705-1514

    • Investment properties
    • 3,292 SF
    • 0.03 lot acres
    OFF-MARKET
    Value Estimation
    $1,345,000
    Last Sale
    Apr 18, 2022
    $1,365,000
    Location Intelligence
    Property ID
    US18-8336214
    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.

    Current Use by Public Records

    • Investment properties

    Property Details for 128 Dr Martin Luther King Jr N St

    Year built
    2022
    Construction
    CONCRETE BLOCKS
    Lot size
    0.03 lot acres
    Property size
    3,292 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    24-31-16-21568-000-0180
    APU
    243116215680000180

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,300,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,420,000
      6.5%
      $1,430,000
      7%
      $1,520,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,210,000
      Geo Method
      $1,445,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,190,000
      Retail
      $1,380,000
      Mixed-Use
      $1,395,000
      Hospitality
      $1,515,000
      Educational
      $1,400,000
      Residential Income
      $1,380,000
      Energy
      $1,140,000
      Income-Based Land
      $1,435,000
      Food Service
      $1,335,000

    Location Insight

    • Map
    • Local Demand
    City
    Saint Petersburg
    County
    Pinellas
    State
    Florida
    Longitude
    -82.6469
    Latitude
    27.7728
    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
    $22,142
    $0.00
    $0.00
    $1,115,000
    -
    $185,182
    $929,818
    $1,115,000

    Comparable in this City

    • Value Estimation by Request
      14,708 SF

      1554 16th S St

      OFFICE/RESIDENTIAL (MIXED USE) • 14,708 SF
      1554 16th S St, Saint Petersburg, FL 33705-2448
      View Details
    • Value Estimation by Request
      4,924 SF

      350 Dr Martin Luther King Jr N St

      OFFICE/RESIDENTIAL (MIXED USE) • 4,924 SF
      350 Dr Martin Luther King Jr N St, Saint Petersburg, FL 33705-1421
      View Details
    • Value Estimation by Request
      4,269 SF

      1027 Central Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 4,269 SF
      1027 Central Ave, Saint Petersburg, FL 33705-1648
      View Details
    • Value Estimation by Request
      6,242 SF

      1236 Dr Martin Luther King Jr N St

      OFFICE/RESIDENTIAL (MIXED USE) • 6,242 SF
      1236 Dr Martin Luther King Jr N St, Saint Petersburg, FL 33705-1001
      View Details
    • Value Estimation
      $380,000
      2,731 SF

      1045 Central Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,731 SF
      1045 Central Ave, Saint Petersburg, FL 33705-1648
      View Details
    • Value Estimation by Request
      6,786 SF

      1431 Central Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 6,786 SF
      1431 Central Ave, Saint Petersburg, FL 33705-1655
      View Details

    Similar Nearby for Sale

    • $450,000
      1,956 SF

      St. Petersburg Triplex with Mixed-Use Zoning

      Income-producing triplex with commercial potential in a high-growth corridor.
      1919 Dr Martin Luther King Jr St S, St Petersburg, FL 33705
      View Details
    • $895,000
      Pending

      St. Petersburg Multifamily Investment Opportunity

      Five-unit multifamily property near downtown St. Petersburg with development potential.
      944 15Th Ave S, St Petersburg, FL 33705
      View Details
    • $1,599,000
      4,413 SF

      Mixed-Use Building Near Central Avenue

      Mixed-use property with retail/office space and residential units.
      923 Dr Martin Luther King Jr St S, St Petersburg, FL 33705
      View Details
    • $1,795,000
      8,376 SF

      St. Petersburg Mixed-Use Redevelopment Site

      Three buildings on two parcels near downtown St. Petersburg.
      1315 9Th Ave N, St Petersburg, FL 33705
      View Details
    • $895,000
      Pending

      St. Petersburg Multi-Family Investment Opportunity

      Five-unit property near downtown St. Pete with development potential.
      944 15Th Ave S, St Petersburg, FL 33705
      View Details
    • $1,795,000
      8,376 SF

      St. Petersburg Mixed-Use Redevelopment Opportunity

      Mixed-use property with redevelopment potential near downtown St. Petersburg.
      1315 9Th Ave N, St Petersburg, FL 33705
      View Details

    Similar Nearby for Lease

    • $2,000 /Mo
      3,079 SF

      Renovated Mixed-Use Space Available

      Newly renovated mixed-use space in Old Southeast, St. Petersburg.
      313 18Th Ave S, St Petersburg, FL 33705
      View Details
    • Contact for pricing
      2,720 SF

      Retail Spaces in Growing Area

      Retail spaces available in high-growth South St. Petersburg.
      4350 6Th St S, Saint Petersburg, FL 33705
      View Details
    • $20 SF/Yr
      2,796 SF

      St. Petersburg Medical Office Space

      High-growth area, 1,647 SF available.
      6201 Dr. M.l.k. Jr St, St. Petersburg, FL 33705
      View Details
    • Contact for pricing

      Mixed-Use Development in St. Pete

      New mixed-use development with office, retail, hotel, and housing.
      1305 Central Ave, St Petersburg, FL 33705
      View Details
    • $14 SF/Yr
      13,623 SF

      Downtown St. Pete Office Space

      Office/medical space for lease in the heart of Uptown.
      1401 5Th Ave N, Saint Petersburg, FL 33705
      View Details
    • $65 SF/Yr
      4,800 SF

      900 Central Ave Coworking Space

      Prime Central Ave Coworking Opportunity
      900 Central Ave, St. Petersburg, FL 33705
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    128 Dr Martin Luther King Jr N St
    Saint Petersburg, FL 33705-1514
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.