AgentLogo

1201 DR MARTIN LUTHER KING JR STREET N

ST PETERSBURG, FL 33701

MLS#: TB8490694

$1,995,000

Status: Active
Listing number: TB8490694
Listing provided by: BHHS FLORIDA PROPERTIES GROUP
Listing agent phone: None
Last update: a month ago
On site: a month ago
Browse Properties
EAST VIEW ADD - Land

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

None

Lot size

0.28 acres

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.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Features

    Cleared, Corner Lot, Near Public Transit

  • Lot Size(acres)

    0.28

  • Lot Size(square feet)

    12410.0

  • Property Type

    Land

Price

  • Sales Price

    $1,995,000

  • Tax Amount

    $11,626.69

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Ownership

    Fee Simple

  • Sewer

    Public Sewer

  • Tax Lot

    1

  • Water Source

    Public

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

What is 3 + 4 ?


Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

Pinellas

Elementary School

Middle School

High School

Listing Courtesy of Everett Vance, Jr , BHHS FLORIDA PROPERTIES GROUP

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent Ashley Baillio

FOUNDER

Ashley Baillio

Call Ashley today to schedule a private showing.

(561) 609-2391

franko+southflorida@init.hr


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
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.

1201 DR MARTIN LUTHER KING JR STREET N

Message successfully sent.

What would you like to know?

What is 3 + 4 ?

I agree to receive email communication and understand I can unsubscribe at any time.

I agree to be contacted by Sell South Florida via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Related Properties

New on site 3 days ago
One or more photo(s) has been virtually staged. Set along the glistening waters of Coffee Pot Bayou in the heart of the prestigious Snell Isle enclave, 1026 Monterey Blvd NE represents an extraordinarily rare opportunity to craft a world-class waterfront estate on one of St. Petersburg’s most iconic and sought-after stretches of shoreline. Offering over 100 feet of prized water frontage and spanning nearly one-third of an acre, this exceptional homesite is a canvas for a truly generational legacy property—where architectural vision, panoramic water views, and an unparalleled lifestyle converge. Positioned among some of Tampa Bay’s most significant residences, the property captures the essence of elevated waterfront living with breathtaking open water vistas, tranquil bayou scenery, and the unmistakable prestige that defines Snell Isle. Opportunities of this scale and caliber on Coffee Pot Bayou are exceedingly limited, making this an offering of remarkable rarity for the most discerning buyer, developer, or visionary estate owner. Imagine a custom-designed masterpiece with expansive walls of glass, resort-caliber outdoor living, an infinity-edge pool suspended over the water, and private boating access to Tampa Bay beyond—all framed by the timeless beauty of one of St. Petersburg’s most treasured waterfront corridors. Whether envisioning a modern architectural statement or a timeless coastal compound, the setting provides the foundation for a residence that could stand among the most exceptional homes in all of Tampa Bay. Perfectly positioned just moments from vibrant downtown St. Petersburg, world-class dining, private clubs, waterfront parks, and the city’s thriving arts and cultural scene, 1026 Monterey Blvd NE offers the rare ability to create an uncompromising waterfront sanctuary without sacrificing proximity or convenience. This is more than a homesite—it is an opportunity to build a legacy on the iconic waters of Coffee Pot Bayou.
#TB8508630

ST PETERSBURG

1026 MONTEREY BOULEVARD NE

None Beds

None Baths

0.31 acres

$2,300,000

MLS#: TB8508630

Set at the quiet end of an exclusive no-through street, 4838 Paradise Way S. represents a rare opportunity to create your spectacular waterfront home in one of St. Petersburg’s most desirable boating locations. An exceptional pie-shaped lot spans .35 acres and offers an impressive 160 feet of deep-water frontage, complete with newer composite dock with boat lift and jet ski platform, in place. Fish directly from your dock, and enjoy the dolphins playing in the surrounding waters, and relax in the your peaceful and private waterfront haven. Facing southeast, the property is perfectly positioned to capture glorious morning sun across wide-open water views. The previous structure has been completely cleared, allowing for a seamless start to construction. Ready to design and build your custom waterfront estate, tailored to your vision and lifestyle. Despite its serene and secluded setting, the property is remarkably close to the energy and excitement of downtown St. Petersburg — just a 10-minute drive away, not much more by powerboat. Enjoy the city’s vibrant cultural scene, renowned waterfront parks, acclaimed dining, boutique shopping, galleries, museums, festivals, open-air entertainment, and the iconic St. Pete Pier. The city’s famous murals, which adorn buildings throughout downtown, add to the unique artistic spirit that has made St. Petersburg one of Florida’s most sought-after coastal destinations. Coming in the near future is an expansion to the Old South East waterfront, promising further boat moorings, dining and entertainment venues to complement residential developments. Come view this rare combination of tranquility, boating access, expansive waterfront, and proximity to one of Florida’s most dynamic downtowns. Note: Be aware this is a freshly cleared parcel. Uneven surface conditions exist due to clearing. Proper footwear is recommended.Any Visitor to this vacant lot agree and acknowledge that they shall use due care in their entry upon the property and not undertake any act that may result in injury.
#TB8507474

ST PETERSBURG

4838 PARADISE WAY S

None Beds

None Baths

0.35 acres

$1,700,000

MLS#: TB8507474

Breathtaking wide-open Tampa Bay views define this exceptional, cleared, build-ready waterfront homesite in the coveted Bahama Shores neighborhood of St. Petersburg. Offering approximately 100 feet of unobstructed waterfront, this rare property provides the perfect canvas for designing and building a custom luxury coastal residence tailored to today's elevated construction standards. A newer seawall (2022) is already in place, and the previous structure has been removed, allowing for a seamless transition from vision to construction. The generous homesite offers ample space for a custom residence designed to capture panoramic water views and indoor-outdoor living at its finest. Surrounded by upscale, newer homes, the property delivers both privacy and prestige while supporting long-term value. With no mandatory HOA and a prime location just minutes from vibrant downtown St. Petersburg, marinas, waterfront parks, award-winning Gulf beaches, and two international airports, this homesite offers an exceptional blend of tranquility, flexibility, and convenience. A rare opportunity to create a signature waterfront residence in one of St. Pete's most desirable neighborhoods. All information is deemed reliable but not guaranteed. Buyer to verify all measurements, building requirements, permitting and development potential.
#TB8493525

ST PETERSBURG

5926 BAHAMA SHORES DRIVE S

None Beds

None Baths

0.48 acres

$1,999,999

MLS#: TB8493525

1.49-ACRE WATERFRONT MASTERPIECE in BAHAMA SHORES, ST PETE. – Construction Plans Included This expansive 1.49-acre lot on Bahama Shores Drive presents a rare, shovel-ready opportunity to build a premier coastal estate on the open waters of Tampa Bay. With the previous structure cleared and a comprehensive set of modern-contemporary architectural plans already in hand, the most complex stages of development are complete, allowing for an immediate transition into construction. * Oversized Estate Lot: Spanning nearly an acre and a half with 100 feet of direct water frontage and a depth of 200 feet, this property offers a level of scale and privacy that is increasingly difficult to find in St. Petersburg. The generous lot size provides ample room for the proposed contemporary residence while maintaining significant outdoor space for custom landscaping, sprawling lawns, or additional waterfront amenities. Architectural Vision & Elevated Design The included plans detail a sophisticated one-story contemporary residence meticulously designed for this specific site. To ensure longevity and modern compliance, the design features a specialized flood vent plan. This engineered approach raises the finished floor elevation above the flood plain while maintaining the sleek, accessible, and high-ceiling profile of a modern single-story home, allowing for discounted flood insurance. * Unrivaled Views & Deep Water Infrastructure: Positioned to capture panoramic, unobstructed views of Tampa Bay, the property offers a front-row seat to the region's most iconic vistas. * Sunshine Skyway Views: Enjoy a dramatic, direct line of sight to the Sunshine Skyway Bridge—a breathtaking backdrop for sunsets and evening lights. * Existing Deep-Water Dock: The property features an existing private dock, providing immediate deep-water access for large vessels with no fixed bridges to the Gulf. Ownership vs. Riparian Rights While most Florida waterfront owners only own to the Mean High Water Line (MHWL) and have "riparian rights" to build a dock, the public record for this specific address shows a 1.49-acre lot. Submerged Land Ownership: The legal description indicates the property line extends approximately 200 feet deep into the bay, covering roughly 65,113 square feet of total area, without the need for a submerged land lease. The "Gap" Advantage: Unlike neighbors who may need to lease sovereign submerged land from the State of Florida to build long docks, your boundary likely encompasses the seabed itself, simplifying the control you have over the submerged portion of your lot. * Premier Location: Nestled in the prestigious Bahama Shores neighborhood, you are just 10 minutes from the cultural and dining scene of Downtown St. Petersburg and 15 minutes from the world-class beaches of St. Pete Beach, 20 minutes to St. Pete/Clearwater Airport (PIE), 27 minutes to Tampa International Airport (TPA), ** Skip the years of architectural design and permitting hurdles. With a 1.49-acre canvas and a full set of plans ready for execution, you can begin building your legacy waterfront estate today. **
#TB8469163

ST PETERSBURG

6330 BAHAMA SHORES DRIVE S

None Beds

None Baths

1.49 acres

$1,900,000

MLS#: TB8469163

Exceptional waterfront opportunity in St. Petersburg! This oversized, buildable lot offers approximately 140 feet of frontage on a wide, deep, saltwater canal, providing excellent water access and stunning views. The property extends 200 feet deep and spans over half an acre, making it a rare find for those looking to design and build a custom waterfront estate. The generous dimensions allow ample space for a luxury home, pool, outdoor living, and boating features. Located in an established waterfront neighborhood, this property combines privacy, scale, and prime boating access—an ideal canvas to create your dream home on the water.
#TB8465776

ST PETERSBURG

4114 42ND AVENUE S

None Beds

None Baths

0.65 acres

$1,999,900

MLS#: TB8465776

Rare opportunity to build on one of the most breathtaking bayfront lots in the area. Over 180 feet of south-facing frontage on Boca Ciega Bay delivers both sunrise and sunset views from your own backyard. This oversized homesite offers exceptional flexibility to create a true waterfront retreat. Located near Pasadena Yacht & Country Club, Gulf beaches, the Pinellas Trail, and Gulfport Beach recreation area. Opportunities like this are rarely available - Don't miss it!
#TB8461508

ST PETERSBURG

1503 SEA GULL DRIVE S

None Beds

None Baths

0.81 acres

$2,099,900

MLS#: TB8461508

**This listing encompasses two adjacent DC-2 zoned lots, 1720 and 1726 2nd Ave N, with the listing price representing both lots' combined value.**. Presenting a remarkable development opportunity in the heart of St. Petersburg, just two blocks north of Central Ave — a vibrant and rapidly evolving part of the city. Spanning a generous 12,700 square feet total, 100 x 127 ft in dimension, this prime location offers a wealth of potential given the immediate proximity to the Edge District, Grand Central, and the soon-to-be redeveloped Tropicana Field. The DC-2 zoning allows endless opportunities for mixed-use or residential development. Imagine crafting a mid-rise complex featuring luxurious apartments, chic condos, or a townhouse community with rooftop decks; all are viable options given the DC-2 zoning. With conceptual designs in hand by local architect Behar + Peteranecz, the plans illustrate two buildable options that conform with zoning. These forward-thinking designs include spacious 3-story homes, each with a roof deck perfect for capturing panoramic city views and over 1,900 sqft of living space alongside convenient ground-level garages. Or, should you choose to pursue larger developments, the plans illustrate a 32-unit apartment/condo complex with the potential to increase the unit count to 54 units by going through the bonus approval process. Nestled on a serene, tree-lined brick street, yet a brisk walk from Central Avenue's array of boutique shops, restaurants, and bars, the site relishes a quieter setting paired with the allure of city living. This development opportunity is not just a property but the promise of a future landmark contributing to the dynamism of Downtown St. Petersburg. Explore the endless possibilities of a location where development dreams have the potential to become a reality. Renderings based on conceptual designs, not permitted plans.
#U8239623

ST PETERSBURG

1720 2ND AVENUE N

None Beds

None Baths

0.29 acres

$2,250,000

MLS#: U8239623

ENTIRE City block that will have up to 26 brand new contiguous homes as a community!! 6 of those homes/lots are already under construction on the far West side and not for sale. The balance of the property that is for sale is the already platted 20 lots and zoned for single family homes (Blk C, Lot 6 is included). Rare opportunity to have this size of a cluster in the City for all new construction. Interior road/driveway, water and sewer lines need to be added for services and access to the middle lots.
#U8149214

ST PETERSBURG

2701 20TH STREET S

None Beds

None Baths

3.3 acres

$1,799,900

MLS#: U8149214

- property

Send a message

Message successfully sent.

Your message

What is 3 + 4 ?

Reason for contacting?

I agree to receive email communication and understand I can unsubscribe at any time.

I agree to be contacted by Sell South Florida via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Sign Out

Virtual Assistant

Would you like to take the next step with this property? We can help you schedule a showing or virtual tour, or send you more details.

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

I agree to receive communications and understand I can unsubscribe at any time.

I agree to be contacted by Sell South Florida via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Already have an account ? Login here

We use cookies

We use cookies primarily for analytics to enhance your experience. By accepting, you agree to our use of these cookies. You can manage your preferences or learn more about our cookies policy.

Privacy Policy Terms of Service