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$2,250,000

1118 S Dr Martin Luther King Jr Street S Saint Petersburg, FL 33701 Land - Multiple Active

  • 1118 S Dr Martin Luther King Jr Street S, Saint Petersburg, FL 33701 Main Photo

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Description

Exceptional development opportunity in Historic Roser Park, one of St. Petersburg's most distinctive and sought-after neighborhoods. This rare assemblage consists of five contiguous lots totaling approximately 32,500+ SF (250' x 130') with 250 feet of frontage and located in a desirable X Flood Zone. Positioned just minutes from Downtown St. Petersburg, Bayfront Health, Johns Hopkins All Children's Hospital, the Innovation District, USF St. Petersburg, and the vibrant Central Avenue corridor, the site offers outstanding accessibility and long-term growth potential. The property is mixed-use capable with development flexibility and potential FAR benefits through residential rental incentives. Opportunities of this scale are increasingly difficult to find within established urban neighborhoods, particularly in Roser Park, a historic enclave of approximately 130 homes known for its character, walkability, and proximity to downtown amenities. Ideal for luxury townhomes, multifamily, mixed-use, workforce housing, or a signature infill development. A separate fully designed 18-unit development concept and supporting due diligence materials may be available to qualified purchasers. Buyer to verify all zoning, density, FAR, land use, development rights, and intended use with the City of St. Petersburg. Rare scale. Exceptional location. Significant development potential.

Property Highlights

Property Type: Land - Multiple
Lot Size: 0.85 Acres
Taxes: $4,207

General Information

County: Pinellas
Subdivision: GRAHAMS T W
Listed By:
Nick Janovsky SERHANT 646-480-7665

Property Features

Days on Site: 2
Directions: MLK, 9th ave s to 11th st s, turn left, land is on the right
Flood Zone Code: X
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot: Oversized Lot
Lot Dimensions: 0.85
Ownership: Fee Simple
Property Attached Y/N: No
Sewer: Public Sewer
Showing Instructions: Go Direct, See Remarks
Special Sale Provisions: None
Utilities: Public
Water: Public
Water Access Y/N: No
$2,250,000
New to the Market Active
LOT SIZE 0.850 acres MLS#TB8520535
STATUSActive PROPERTY TYPELand - Multiple SUBDIVISIONGRAHAMS T W

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1118 S Dr Martin Luther King Jr Street S, Saint Petersburg, FL 33701.

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Estimated Payment

$ 8,595.71 per month $7,588.87 Principal & Interest $350.58 Property Tax $656.25 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/19/2026. The listing information on this page last changed on 06/19/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 06/19/2026 8:16:09 AM EST) or Stellar MLS (last updated Fri 06/19/2026 1:59:07 AM EST). Real estate listings held by brokerage firms other than Wagner Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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