2000 Dr Martin Luther King Jr St S, St Petersburg, Florida 33705

  • $350,000
  • $400,000

Overview

Property ID: HZTB8418335
  • Triplex, Residential Income
  • Property Type
  • 6
  • Bedrooms
  • 3
  • Bathrooms
  • 2
  • Garages
  • 3058 Sqft
  • Area Size

Description

Incredible investment opportunity! Being offered for TWO MORE WEEKS ONLY or the sellers will move forward with the project themselves. Value-add triplex located in an Opportunity Zone and a HUB zone with CRT-1 zoning and NTM-1 overlay meaning tons of use options and increased density along with amazing tax efficiencies. All three units are 2BR/1BA units. Additionally. the property is BLOCK construction, NON-flood zone, and comes with a 2 car garage. The remodel is already in progress with STAMPED plans! Remodel cost of $244, 700 with a general contractor ready to start right away. Current affordable rent for 2BR units in 33705 is $2, 343/month, meaning this property could generate around $85, 000 in income per year and almost half of the remodel cost would be covered through the grant program. Call today and seize one of the most lucrative multifamily opportunities!

  • Address: 2000 DR MARTIN LUTHER KING JR S STREET
  • City: St Petersburg
  • State/county: FL
  • Zip/Postal Code: 33705
  • Country: US

Details

Updated on October 14, 2025 at 11:37 pm
  • Property ID HZTB8418335
  • Price $350,000
  • Property Size 3058 Sqft
  • Land Area 0.11 Acres
  • Bedrooms 6
  • Bathrooms 3
  • Garages 2
  • Year Built 1959
  • Property Type Triplex, Residential Income
  • Property Status Closed

Additional details

  • Roof Shingle
  • Utilities Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Sewer Public Sewer
  • Cooling None
  • Heating None
  • County Pinellas
  • Property Type Residential Income

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Jamie Stevens

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