2000 Dr Martin Luther King Jr St S, St Petersburg, Florida 33705
- $350,000
- $400,000
2000 Dr Martin Luther King Jr St S, St Petersburg, Florida 33705
- $350,000
- $400,000
Overview
- Triplex, Residential Income
- 6
- 3
- 2
- 3058 Sqft
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
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Address: 2000 DR MARTIN LUTHER KING JR S STREET
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City: St Petersburg
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State/county: FL
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Zip/Postal Code: 33705
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Country: US
Details
Updated on October 14, 2025 at 11:37 pm-
Property ID HZTB8418335
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Price $350,000
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Property Size 3058 Sqft
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Land Area 0.11 Acres
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Bedrooms 6
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Bathrooms 3
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Garages 2
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Year Built 1959
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Property Type Triplex, Residential Income
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Property Status Closed
Additional details
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Roof Shingle
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Utilities Cable Connected, Electricity Connected, Sewer Connected, Water Connected
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Sewer Public Sewer
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Cooling None
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Heating None
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County Pinellas
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Property Type Residential Income
Mortgage Calculator
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