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Investment Highlights

  • Direct MLK frontage
  • High Profile location
  • Walking distance to restaurants

Executive Summary

John Burpee & Associates, Inc is proud to present our newest listing located along one of the most recognizable commercial corridors in St. Petersburg, 1262 Dr. Martin Luther King Jr St N presents an exceptional opportunity to acquire a strategically positioned commercial asset in one of the city’s fastest growing and most desirable urban markets. Situated just minutes from Downtown St. Petersburg, the property benefits from strong visibility, high daily traffic counts, and immediate access to surrounding residential, retail, and business districts.
Positioned on Dr. Martin Luther King Jr Street North, the property offers excellent frontage along a major north-south thoroughfare connecting downtown to surrounding neighborhoods and regional transportation routes. Its central location provides convenient access to key destinations including the downtown waterfront, the St. Pete Pier, and the vibrant Central Avenue corridor known for its restaurants, entertainment, and mixed-use development.
The asset offers flexibility for a variety of commercial uses, making it attractive to both investors and owner-users. Whether utilized for office, retail, professional services, or redevelopment potential, the site benefits from strong surrounding demographics and continued investment throughout the area. The nearby growth of residential and mixed-use projects continues to drive demand for well-located commercial properties within this submarket.
St. Petersburg remains one of the strongest-performing markets in the broader Tampa Bay region, supported by population growth, tourism, business expansion, and ongoing redevelopment. Properties located near the downtown core continue to see strong investor demand due to limited supply and long-term appreciation potential.
The property is being offered for sale at a price to be determined, allowing investors the opportunity to evaluate this asset based on its prime location, strong visibility, and flexible use potential within one of Florida’s most active commercial corridors.
With its strategic positioning, urban accessibility, and long-term redevelopment potential, 1262 Dr. Martin Luther King Jr St N represents a compelling investment opportunity in the heart of St. Petersburg’s continued growth story.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
2,525 SF
Building Class
C
Year Built/Renovated
1925/1990
Price
$1,367,956 CAD
Price Per SF
$541.76 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,525 SF
Building FAR
0.30
Lot Size
0.19 AC
Zoning
GC - General Commercial zoning allows for a variety of uses from office, medical, retail etc.
Parking
10 Spaces (3.96 Spaces per 1,000 SF Leased)
Very walkable
80/100
Exceptionally drivable
90/100
Some public transit
50/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
13-31-16-02916-001-0010
Land Assessment
$257,169 CAD
Improvements Assessment
$209,899 CAD
Total Assessment
$467,068 CAD
  • Listing ID: 40391502

  • Date on Market: 2026-05-04

  • Last Updated:

  • Address: 1262 Dr. Martin Luther King Jr St N, Saint Petersburg, FL 33705

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