1118 S DR MARTIN LUTHER KING JR STREET S, St Petersburg, FL 33701

Property Description

Exceptional development opportunity in Historic Roser Park, one of St. Petersburg’s most distinctive and sought-after neighborhoods. This rare assemblage consists of five contiguous lots totaling approximately 32,500± SF (250’ x 130’) with 250 feet of frontage and located in a desirable X Flood Zone. Positioned just minutes from Downtown St. Petersburg, Bayfront Health, Johns Hopkins All Children’s Hospital, the Innovation District, USF St. Petersburg, and the vibrant Central Avenue corridor, the site offers outstanding accessibility and long-term growth potential. The property is mixed-use capable with development flexibility and potential FAR benefits through residential rental incentives. Opportunities of this scale are increasingly difficult to find within established urban neighborhoods, particularly in Roser Park, a historic enclave of approximately 130 homes known for its character, walkability, and proximity to downtown amenities. Ideal for luxury townhomes, multifamily, mixed-use, workforce housing, or a signature infill development. A separate fully designed 18-unit development concept and supporting due diligence materials may be available to qualified purchasers. Buyer to verify all zoning, density, FAR, land use, development rights, and intended use with the City of St. Petersburg. Rare scale. Exceptional location. Significant development potential.

Listing Status:

Active

Date Added:

June 17, 2026

Data Last Updated:

July 26, 2026 at 8:22PM

Listing Office:

SERHANT : 646-480-7665

Listing Agent:

Nick Janovsky : 813-391-8291

MLS ID:

TB8520535

Location

• Road/Access: Access RoadAlleyBusiness DistrictCity StreetPrivate RoadOther
• Originating MLS: Stellar MLS
• County: Pinellas

Lot

• Zoning: GRAHAM'ST. W. SUB LOTS 1 AND 2 LESS RD R/W30-31-17-32490-000-0010
• Current Use: Mixed Use

Utilities

• Utilities: Public
• Water: Public
• Sewer: Public Sewer

Financial

• Source: Stellar MLS
• Ownership: Fee Simple