2025 Dr Martin Luther King Jr St S - 1.16 ac for Multifamily Dev in St. Petesburg 1.16 Acres of Residential Land Offered at $2,766,780 CAD in Saint Petersburg, FL 33705

PROPERTY DESCRIPTION - The opportunity is to purchase 1.16± acres proposed for multifamily along Dr. Martin Luther King Jr. St. S in St. Petersburg, FL, within Pinellas County. The site consists of seven parcels with approximately 250 feet of frontage. With flexible residential zoning, the property is well-positioned for development in a rapidly growing area. LOCATION DESCRIPTION - Located between 20th Ave. S and 21st Ave. S, the site is minutes from I-275 and downtown St. Petersburg. Its proximity to commercial uses will ensure that future residents will have safe and convenient access to needed goods and services. With strong connectivity and ongoing revitalization efforts, this property offers excellent potential for investors and developers. PROPERTY SIZE - 1.16± Acres ZONING - CRT-1 (Corridor Residential Traditional) FUTURE LAND USE - PR-MU (Planned Residential Mixed Use) PARCEL ID - 163125193500050010, 163125193500050020, 163125193500050030, 163125193500050040, 163125193500050170, 163125193500050160, 163125193500050150