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Vacant Land

1.16 ac for Multifamily in St. Pete

Under Contract

2025 Dr. M.L.K. Jr Street S., St. Petersburg, Florida 33705

$2,000,000
Updated Oct 26, 2026
Categories Multi-Family

About this property

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

Property details

Property Type
Land
Building Type
Freestanding
Land Size
1.16 acres
Zoning
CRT-1 w/PR-MU future

Documents 1 file

OM-MLK-St.-Pete.pdf 3.3 MB

Last updated: Oct 26, 2026

Location

Address
2025 Dr. M.L.K. Jr Street S.
St. Petersburg, Florida 33705
The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.