1201 Dr Martin Luther King Jr Street N, ST PETERSBURG, FL

$1,875,000

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0.28

Acres

About 1201 Dr Martin Luther King Jr Street N

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.

Features of 1201 Dr Martin Luther King Jr Street N

MLS® # TB8490694
Price $1,875,000
Acres 0.28
Type Land
Sub-Type Land
Status Active

Community Information

Address 1201 Dr Martin Luther King Jr Street N
Area St Pete
Subdivision EAST VIEW ADD
City ST PETERSBURG
County Pinellas
State FL
Zip Code 33701-1007

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No

Exterior

Lot Description Buildable, Cleared, Corner Lot, City Lot, Near Public Transit, Sidewalk

Additional Information

Date Listed March 25th, 2026
Days on Market 164
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeBHHS FLORIDA PROPERTIES GROUP

Listing Map

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