1940 Dr Martin Luther King Jr Street S, St Petersburg, FL 33705

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Sold Price
$550,000
List Price
$700,000
Status
SOLD
MLS#
TB8362671
Closing Date
Jan 15, 2026
Living Area
4,401
Subdivision
Glenwood Park

Property Description

HUGE PRICE REPOSITION! Take advantage of this unique opportunity to own a corner lot property with endless potential! Formerly McRae’s Funeral Home, this well-established facility has served as a trusted cornerstone in the community, providing hundreds of families with burial services. Now, you can transform this 3,881 sq. ft. property into a multi-family dwelling or bring it back to life as a thriving funeral home. Key Features: • Building Size: 3,881 sq. ft. single-story structure • Flexible Space: Ideal for a funeral home or easily adaptable for multi-family living • Living Quarters: Includes a 2-bedroom, 1-bath unit with a full kitchen, perfect for on-site management • Renovation Potential: Quickly adaptable to modern funeral services, including virtual options for convenience and outreach • Prime Location: Situated on a corner lot with high visibility and easy access Whether you wish to continue the legacy of McRae’s Funeral Home or explore new possibilities for this prime piece of real estate, the potential is limitless

Additional Information

Year Built
1976
Construction
Block
Living Area
4,401
Acres
0.46
Cooling
Central Air
Stories
1

Listing courtesy of RIGHT TURN REALTY. Selling Office: COASTAL PROPERTIES GROUP.

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