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Courtesy of COMPASS FLORIDA LLC, Cash Ealey Listing Contact: 813-365-9935

For Sale

1423 DR MARTIN LUTHER KING JR ST N

1423 DR MARTIN LUTHER KING JR ST N, ST PETERSBURG, FL 33704

$825,000

Exceptional investment opportunity in the highly desirable Crescent Lake area of St. Petersburg. This beautifully renovated duplex features two spacious 2-bedroom, 1-bath units and a detached 3-car garage, offering flexibility for investors, owner-occupants, or future redevelopment potential. The property underwent an extensive renovation in 2022, including a new roof, HVAC, gas water heaters, electrical and plumbing updates. Both kitchens feature updated cabinetry and appliances, while the bathrooms combine modern updates with preserved historic character. Abundant windows provide natural light throughout, and both units feature large front porches. The backyard offers a shared laundry area, covered outdoor space attached to the garage, and plenty of room for entertaining. Current rents total $5,300/month. Both tenants are scheduled to vacate in October 2026, giving the next owner flexibility to establish new market rents, occupy a unit, or reposition the property. Conveniently located near Crescent Lake, downtown St. Petersburg, dining, shopping and entertainment.

4
beds

2
baths

2,208 Sq.Ft. LIVING AREA

6,434 Sq.Ft. lot

Features & Amenities

Interior

total bedrooms4
Total bathrooms2
Laundry room Laundry Room
Flooring Wood
Fireplace Decorative, Insert
APPLIANCES Dryer, Microwave, Range, Refrigerator, Washer
other interior Features Built-in Features, Ceiling Fans(s), Crown Molding, Eat-in Kitchen, Open Floorplan, Stone Counters

Area & Lot

Status For Sale
Living Area2,208 Sq.Ft.
Lot Area6,434 Sq.Ft.
MLS® IDTB8549153
TypeMulti-Family
YEAR BUILT1928
NeighborhoodSt. Petersburg

Exterior

STORIES2
Garage Space3.0
water SourcePublic
utilitiesCable Available, Electricity Connected, Natural Gas Connected, Phone Available, Public, Sewer Connected, Water Connected
roofShingle
HEAT TYPECentral
AIR CONDITIONINGCentral Air
sewerPublic Sewer
SubstructureCrawlspace
security FeaturesSecurity System
other exterior FeaturesAwning(s), Balcony, Fence, Garden, Sidewalk

Financial

Sales Price$825,000
Real Estate Tax $14,342/yr

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St. Petersburg

27.7671° N, 82.6384° W

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1423 DR MARTIN LUTHER KING JR ST N

$825,000

Features & Amenities

Interior

Area & Lot

Exterior

Financial

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St. Petersburg

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