Land at 1118 S DR MARTIN LUTHER KING JR ST S, ST PETERSBURG
Land at 1118 S DR MARTIN LUTHER KING JR ST S, ST PETERSBURG, photo 2 of 5
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5 photos

$1,850,000

1118 S DR MARTIN LUTHER KING JR ST S
ST PETERSBURG, FL 33701
Listed by Nick Janovsky · SERHANT
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

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 details

MLS #
MFRTB8520535
Property type
Land
Subdivision
GRAHAMS T W SUB
Status
Active
Days on market
63
On market date
June 17, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.85 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
CAMPBELL PARK ELEMENTARY SCHOOL
0.39 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
466
Student:teacher ratio
12.3:1
District
PINELLAS
Middle
JOHN HOPKINS MIDDLE SCHOOL
0.69 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
0.61 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
$11,291/mo
$370,000 down
$1,480,000 loan
Principal & interest$9,599
Property tax (est.)$1,542
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated 10 days ago.

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.