Land at 1201 DR MARTIN LUTHER KING JR ST N, ST PETERSBURG
Land at 1201 DR MARTIN LUTHER KING JR ST N, ST PETERSBURG, photo 2 of 8
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8 photos

$1,875,000

1201 DR MARTIN LUTHER KING JR ST N
ST PETERSBURG, FL 33701
Listed by BHHS FLORIDA PROPERTIES GROUP
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

This is a rare shovel-ready development opportunity in a prime location. This vacant lot comes fully permitted and approved for the construction of six luxury townhomes, allowing a developer to begin building immediately after closing with no entitlement delays. The sale includes complete architectural plans and approved permits for six high-end units, each designed with modern layouts and rooftop terraces that overlook downtown and 9th Street, offering premium views and strong resale or rental appeal. The project has been thoughtfully designed to maximize both square footage and outdoor living space, creating a luxury product that stands out in the market. Opportunities like this are extremely limited, skip the multi-year planning and approval process and move straight to construction. This is a turnkey development site ideal for developers looking for their next high-end townhome project in a growing area.

Property details

MLS #
MFRTB8490694
Property type
Land
Subdivision
EAST VIEW ADD
Status
Active
Days on market
120
On market date
March 25, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.28 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
WOODLAWN ELEMENTARY SCHOOL
0.65 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
275
Student:teacher ratio
11.0:1
District
PINELLAS
Middle
JOHN HOPKINS MIDDLE SCHOOL
1.57 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
681
Student:teacher ratio
17.0:1
District
PINELLAS
HighCharter
PINELLAS MYCROSCHOOL OF INTEGRATED ACADEMICS AND TECHNOLOGIE
1.13 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
1.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
140
Student:teacher ratio
35.0:1
District
PINELLAS

Mortgage calculator

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Est. monthly payment
$11,441/mo
$375,000 down
$1,500,000 loan
Principal & interest$9,729
Property tax (est.)$1,563
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated July 23, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.