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Active Land

1201 DR MARTIN LUTHER KING JR STREET

St Petersburg, FL 33701

STELLAR #TB8490694 Updated: Mar 26, 2026, 12:23pm
$1,995,000
0 Beds • 0 Baths • 0 SqFt
Property
ActiveLand
1/8
$1,995,000

1201 DR MARTIN LUTHER KING JR STREET

St Petersburg, FL 33701
0
Beds
0
Baths
0
SqFt
0.28
Acres
STELLAR
#TB8490694
Updated: Mar 26, 2026, 12:23pm

Property Description

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.
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Property Details

Construction
Building Area Units
Square Feet
Direction Faces
Undetermined
Living Area Units
Square Feet
Site & Exterior
Current Use
Commercial
Flood Zone Code
X
I D X Participation
Yes
Lot Features
BuildableClearedCorner LotCity LotNear Public TransitSidewalk
Lot Size Acres
0.28
Lot Size Area
12410
Lot Size Dimensions
102 x 123
Lot Size Square Feet
12410
Lot Size Units
Square Feet
Public Survey Range
17
Public Survey Section
18
Road Frontage Type
City Street
Road Surface Type
Asphalt
Sewer
Public Sewer
Total Acreage
1/4 to less than 1/2
Utilities
BB/HS Internet Capable
Water Source
Public
Financials
Calculated List Price By Calculated Sq Ft
160.76
Contract Status Change Date
2026-03-25
Current Price
1995000
Feed Types
BBO
Ownership
Fee Simple
Parcel Number
183117241740000010
Price Per Acre
7125000
Public Survey Township
31
Tax Annual Amount
11626.69
Tax Book Number
1-44
Tax Legal Description
EAST VIEW ADDITION LOTS 1 AND 2
Tax Lot
Yes
Tax Year
2025

Neighborhood & Lifestyle

Community & Association
M L S Area Major
33701 - St Pete
Subdivision Name
EAST VIEW ADD
Listing provided courtesy of STELLAR via IDX. Updated: Mar 26, 2026, 12:23pm.
Everett Vance, Jr

Listing Agent

BHHS FLORIDA PROPERTIES GROUP

Call Agent
Call