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$312,500
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Property Description
Incredible investment opportunity! Being offered for TWO MORE WEEKS ONLY or the sellers will move forward with the project themselves. Value-add triplex located in an Opportunity Zone and a HUB zone with CRT-1 zoning and NTM-1 overlay meaning tons of use options and increased density along with amazing tax efficiencies. All three units are 2BR/1BA units. Additionally. the property is BLOCK construction, NON-flood zone, and comes with a 2 car garage. The remodel is already in progress with STAMPED plans! Remodel cost of $244,700 with a general contractor ready to start right away. Current affordable rent for 2BR units in 33705 is $2,343/month, meaning this property could generate around $85,000 in income per year and almost half of the remodel cost would be covered through the grant program. Call today and seize one of the most lucrative multifamily opportunities!
Full Property Details
Full Property Details for 2000 Dr Martin Luther King Jr Street S
General
- Sold For: $312,500
- Taxes: $3,235 (2024)
- Status: Closed
- Type: Triplex
- Source: MidFloridaRegionalMLS
- MLS ID: TB8418335
- Added to Site: 152 day(s) ago
Rental Information
- Lease/Rent Term: 12 Months
- Min. Lease: No Minimum
Interior
- Interior Features: Ninguno
Rooms
Bathrooms
- Total Bathrooms: 3
Bedrooms
- Total Bedrooms: 6
Exterior
- Exterior Features: Lighting, Storage
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
Location
- Area: 33705 - St Pete
- County: Pinellas
- Development Name: 33705 - St Pete
- Subdivision: HOMEVILLE 2 ADD
- Driving Directions: From Dr MLK Jr St S, property is on the right.
Community
- Community Name: 33705 - St Pete
Heating & Cooling
- Cooling Type: None
- Heating Type: None
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Structural Information
- # Buildings: 1
- Exterior Const.: Block
- Roof: Shingle
- Stories/Levels: Two
- Square Feet: 2,260
- Sq. Ft. Source: Public Records
- Living Area: 2,260 Sq. Ft.
- Year Built: 1959
Lot Features
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 4,691
- Lot Size: 4691
- Lot Dimensions: 43 x 110
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $3,235.43
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: HOMEVILLE NO 2 ADD LOT 1
- Flood Zone Info: X
- APN: 303117409950000010
- Property ID: 303117409950000010
Listed by Compass Florida Llc
Sold by Ivy League Realty
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Schools
Schools serving 2000 Dr Martin Luther King Jr Street S
School District:Pinellas County School District
| Name | Grades | Distance |
|---|---|---|
Campbell Park Elementary School 1051 7th Ave S, St. Petersburg, FL 33705 | PK-5 | 1 mi |
John Hopkins Middle School 701 16th St S, St. Petersburg, FL 33705 | 6-8 | 1.1 mi |
Lakewood High School 1400 54th Ave S, St. Petersburg, FL 33705 | 9-12 | 2.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2000 Dr Martin Luther King Jr Street S
Date
Details
Price
Change
Source
10/14/2025
Sold
$312,500
-10.71%
MLS
9/22/2025
Price Reduced
$350,000
-12.5%
MLS
8/16/2025
Listed
$400,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2000 Dr Martin Luther King Jr Street S, Saint Petersburg, FL 33705 (MLS# TB8418335) is a Triplex property that was sold at $312,500 on October 14, 2025. Want to learn more about 2000 Dr Martin Luther King Jr Street S? Do you have questions about finding other Triplex 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.

