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$1,995,000

  • For Sale
  • Active
  • Lots/Land
  • 0.28 Acres
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This is a rare shovel-ready development opportunity in a prime location. This vacant lot comes fully permitted and approved for the construction of six luxury townhomes, allowing a developer to begin building immediately after closing with no entitlement delays. The sale includes complete architectural plans and approved permits for six high-end units, each designed with modern layouts and rooftop terraces that overlook downtown and 9th Street, offering premium views and strong resale or rental appeal. The project has been thoughtfully designed to maximize both square footage and outdoor living space, creating a luxury product that stands out in the market. Opportunities like this are extremely limited - skip the multi-year planning and approval process and move straight to construction. This is a turnkey development site ideal for developers looking for their next high-end townhome project in a growing area.

Full Property Details for 1201 Dr Martin Luther King Jr Street N

General

  • Price: $1,995,000
  • Taxes: $11,626 (2025)
  • Status: Active
  • Type: Lots/Land
  • Source: MidFloridaRegionalMLS
  • MLS ID: TB8490694
  • Updated: 3/26/2026
  • Added to Site: 25 day(s) ago

Location

  • Area: 33701 - St Pete
  • County: Pinellas
  • Development Name: 33701 - St Pete
  • Subdivision: EAST VIEW ADD
  • Driving Directions: From 9th Street turn East onto 12th Ave. The lot is located on the corner.
  • Direction Faces: Undetermined

Community

  • Community Name: 33701 - St Pete

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: BB/HS Internet Capable

Structural Information

  • Current Bldg. Use: Commercial

Lot Features

  • Lot Size (Acres): 0.28
  • Lot Size (Sq. Ft.): 12,410
  • Lot Size: 12410
  • Lot Dimensions: 102 x 123
  • Frontage: City Street
  • Street/Road Desc.: Asphalt

Financial Considerations

  • Price Per Acre: $7,125,000
  • Assoc Fee Desc.: None
  • Tax Amount: $11,626.69
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: EAST VIEW ADDITION LOTS 1 AND 2
  • Flood Zone Info: X
  • APN: 183117241740000010
  • Property ID: 183117241740000010

Listed by Bhhs Florida Properties Group

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Listing agent

— 1201 Dr Martin Luther King Jr Street N —

  • Bhhs Florida Properties Group

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 1201 Dr Martin Luther King Jr Street N

School District:Pinellas County School District
NameGradesDistance
Woodlawn Elementary School, St. Petersburg, FL
1600 16th St N, St. Petersburg, FL 33704
PK-50.7 mi
John Hopkins Middle School
701 16th St S, St. Petersburg, FL 33705
6-81.6 mi
St. Petersburg High School
2501 5th Ave N, St. Petersburg, FL 33713
9-121.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1201 Dr Martin Luther King Jr Street N Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/25/2026
Listed
$1,995,000
169.59%
MLS
12/06/2023
Sold
$740,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1201 Dr Martin Luther King Jr Street N

Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,627
-7%
$640,000
—
2024
$12,490
86%
$640,000
71%
2023
$6,711
9%
$375,000
10%
2022
$6,147
6%
$340,000
15%
2021
$5,778
—
$295,000
9%
2021
$5,778
20%
$270,000
23%
2019
$4,808
11%
$220,000
10%
2018
$4,343
7%
$200,000
8%
2017
$4,073
4%
$185,000
6%
2016
$3,906
3%
$175,000
5%
2015
$3,783
3%
$166,000
4%
2014
$3,662
3%
$160,100
4%
2013
$3,561
—
$154,068
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Bhhs Florida Properties Group

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1201 Dr Martin Luther King Jr Street N, Saint Petersburg, FL 33701 (MLS# TB8490694) is a Lots/Land property with a lot size of 0.28 acres. 1201 Dr Martin Luther King Jr Street N is currently listed for $1,995,000 and was received on March 25, 2026. Want to learn more about 1201 Dr Martin Luther King Jr Street N? Do you have questions about finding other Lots/Land real estate for sale in Saint Petersburg? You can browse all Saint Petersburg real estate or contact a Coldwell Banker agent to request more information.

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