1250 Dr. Martin Luther King Jr St N - Apartments FOR SALE


Saint Petersburg, FL 33705
$1,790,000 USD
727-241-1307
1250 Dr. Martin Luther King Jr St N, Saint Petersburg, FL for Sale
$1,790,000 USD
Apartments - FOR SALE
1/94
null | Request Cap Rate

1250 Dr. Martin Luther King Jr St N
Saint Petersburg, FL 33705


HIGHLIGHTS

  • CCT-1 Zoning: Many Allowable Uses
  • Renovated and Meticulously Maintained
  • Large Single-Family Home + 3 Apartments
  • Stunning Backyard with Plunge Pool and plenty of room to entertain
  • Plenty of Parking
  • Steps to Crescent Lake, Coffee Shops and Restaurants; Minutes to Downtown St. Pete and I-275

OVERVIEW

Back on the market....ZONED CCT-1 Currently being run as a Bed & Breakfast. Opportunity is knocking! This spectacular 1925 American Foursquare home has been meticulously maintained and renovated. In addition to the large single family home there are 3 apartments for a total of 4 homes on one property. 2 of the apartments are 1 bed 1 bath with one being wheel chair accessible and the other is a studio apt. Inside the main house there are 3 bedrooms upstairs with ensuite master and a hall bath. Downstairs is a large living room with fireplace, sunroom and perfect front office area. There is a laundry room, updated kitchen and dining area along with a 1/2 bath. The back yard is stunning with tons of space to entertain and enjoy a beautiful plunge pool. There is parking in the front driveway and in the back alley. The possibilities are endless with this unique property. Located steps to Crescent Lake, steps to coffee shops and restaurants, literally minutes to the very vibrant downtown St Pete and Central Ave along with close proximity to I-275 this really does earn the phrase location location location!

FOR SALE DETAILS

PRICE

$1,790,000 USD

PRICE/SF

$446 USD /SF

# OF UNITS

4

PRICE/UNIT

$447,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1925

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,276 SF

ZONING

CCT-1

APN/PARCEL ID

13-31-16-02916-001-0020

ASK ABOUT THIS PROPERTY

Harold HolderKW CommercialMore Info
727-241-1307

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Harold HolderKW CommercialMore Info
727-241-1307

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.