2000 Dr Martin Luther King Jr Street S, Saint Petersburg, FL 33705

Local realty services provided by:Better Homes and Gardens Real Estate Thomas Group
2000 Dr Martin Luther King Jr Street S,St Petersburg, FL 33705
$350,000
Virtual Tour
  • 6 Beds
  • 3 Baths
  • 2,260 sq. ft.
  • Multi-family
  • Pending
Listed by:zach steinberger
Office:compass florida llc.
MLS#:TB8418335
Source:MFRMLS

Price summary

  • Price:$350,000
  • Price per sq. ft.:$114.45

About this home

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!

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Home facts

  • Year built:1959
  • Listing ID #:TB8418335
  • Added:49 day(s) ago
  • Updated:October 05, 2025 at 07:49 AM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:3
  • Living area:2,260 sq. ft.

Structure and exterior

  • Roof:Shingle
  • Year built:1959
  • Building area:2,260 sq. ft.
  • Lot area:0.11 Acres

Utilities

  • Water:Public, Water Connected
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$350,000
  • Price per sq. ft.:$114.45
  • Tax amount:$3,235 (2024)
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