Address: 7200 Block Of DR MARTIN LUTHER KING JR STREET
City: St Petersburg
Neighborhood: HOLLYWOOD PARK SUB
Property Taxes: $18,600
Tax Year: 2022
Tax Amount: $18,600
Attention Developers and Builders!
This is a rare opportunity to acquire a 1.08 vacant parcel Zoned CRS-1 in prime North St. Pete which allows a variety of uses; including multifamily (up to 15 units per acre), office, and other uses.
The property is located in a highly desirable location close to I-275, the Gandy Bridge, Gateway Mall, Downtown St. Pete, Tampa International Airport, and Clearwater Airport.
The sales and rental markets in this area are strong, making this a great opportunity for developers/builders.
Priced at approx. $44/SF or $130,000 per unit if able to build 15 multifamily units. Bonus - Seller also owns 3 adjacent properties that are negotiable at Sellers option. One of them is a corner office building with Dr MLK Jr frontage also zoned CRS-1.
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