1423 Dr Martin Luther King Jr Street N, St Petersburg, FL 33704

$825,000
4
BD
2
BA
2,208
SqFt

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List Price
$825,000
Status
ACTIVE
MLS#
TB8549153
Bedrooms
4
Bathrooms
2
Living Area
2,208
Subdivision
Intermont G L Hunts Div

Property Description

Exceptional investment opportunity in the highly desirable Crescent Lake area of St. Petersburg. This beautifully renovated duplex features two spacious 2-bedroom, 1-bath units and a detached 3-car garage, offering flexibility for investors, owner-occupants, or future redevelopment potential. The property underwent an extensive renovation in 2022, including a new roof, HVAC, gas water heaters, electrical and plumbing updates. Both kitchens feature updated cabinetry and appliances, while the bathrooms combine modern updates with preserved historic character. Abundant windows provide natural light throughout, and both units feature large front porches. The backyard offers a shared laundry area, covered outdoor space attached to the garage, and plenty of room for entertaining. Current rents total $5,300/month. Both tenants are scheduled to vacate in October 2026, giving the next owner flexibility to establish new market rents, occupy a unit, or reposition the property. Conveniently located near Crescent Lake, downtown St. Petersburg, dining, shopping and entertainment.

Additional Information

Year Built
1928
Construction
Frame
Living Area
2,208
Acres
0.15
Interior Features
Built-in Features, Ceiling Fans(s), Crown Molding, Eat-in Kitchen, Open Floorplan, Stone Counters
Cooling
Central Air
Heating
Central
Garage Spaces
3
Garage Description
3 Car Garage
Exterior Features
Awning(s), Balcony, Fence, Garden, Sidewalk
Sewer
Public Sewer

Listing courtesy of COMPASS FLORIDA LLC.

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