$1,995,000

1201 DR MARTIN LUTHER KING JR STREET N, St Petersburg, FL 33701

Land
Built in ——
0.28acre lot
—— car garage
$——/sqft
Listed 2 days ago

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.

Listing Status:: Active
Date Added:: March 25, 2026
Data Last Updated:: March 28, 2026 at 2:21AM
Listing Office:: BHHS FLORIDA PROPERTIES GROUP : 813-694-7505
Listing Agent:: Everett Vance, Jr : 727-686-7413
MLS ID:: TB8490694

Road/Access: City Street
Originating MLS: Stellar MLS
County: Pinellas

Zoning: EAST VIEW ADDITION LOTS 1 AND 218-31-17-24174-000-0010
Current Use: Commercial

Utilities: BB/HS Internet Capable
Water: Public
Sewer: Public Sewer

Source: Stellar MLS
Ownership: Fee Simple

This listing courtesy of Everett Vance, Jr , BHHS FLORIDA PROPERTIES GROUP

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Woodlawn Elementary

1600 16th St N, Saint Petersburg, FL, 33704

Grades PK-5

0.65 miles away

John Hopkins Middle School

701 16th St S, Saint Petersburg, FL, 33705

Grades 6-8

1.57 miles away

Pinellas Mycroschool of Integrated Academics and Technologie

840 3rd Ave S, Saint Petersburg, FL, 33701

Grades 9-12

1.13 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.