1423 Dr Martin Luther King Jr Street N, St Petersburg, FL 33704

$825,000
4
BD
2
BA
2,208
SqFt

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List Price
$825,000
Status
ACTIVE
Days on Market
13
MLS#
TB8549153
Subtype
Residential Income
Style
Two Story
Year Built
1928
Bedrooms
4
Bathrooms
2
Living Area
2,208
Lot Size
6,434
Acres
0.15
Subdivision
Intermont G L Hunts Div
MLS Area Major
St Pete/Euclid

Property Description

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.

Additional Information

Interior Features
Built-in Features, Ceiling Fans(s), Crown Molding, Eat-in Kitchen, Open Floorplan, Stone Counters
Exterior Features
Awning(s), Balcony, Fence, Garden, Sidewalk
Financing
Cash, Conventional
Community Features
Street Lights, No Deed Restriction
Property Description
Two Story
Appliances
Dryer, Microwave, Range, Refrigerator, Washer
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Frame
Exterior Features
Awning(s), Balcony, Fence, Garden, Sidewalk
Levels
Two
Roof
Shingle
Foundation
Crawlspace
Garage
3 Car Garage
Garage Spaces
3

Courtesy of COMPASS FLORIDA LLC

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