Commercial Land
7201 Dr M.L.K. Jr St N St Petersburg, FL 33702
Details & Description
Price: $2,500,000
    Attention Developers and Builders!This is a rare opportunity to acquire a 4-parcel real estate listing in prime North St. Petersburg, FL. The properties includes a vacant commercial parcel (zoned CRS-1) with 330' of frontage on Dr. MLK Jr. St. N, an office building (CRS-1), and 2 rental homes. The zoning for the large vacant parcel and office building allow a variety of uses, including multifamily (up to 15 units per acre), office, and other uses - See attached Zoning Matrix. The properties are located in a highly desirable location close to I-275, the Gandy Bridge, Gateway Mall, Downtown St. Pete, Tampa International Airport, and Clearwater Airport. The sales and rental markets in this area are strong, making this a great opportunity for investors. If you're a developer or builder looking for a great opportunity, this is the property for you. If you're interested in this property, please call me today at (727) 415-4008. I'd be happy to answer any questions you have and schedule a showing. Do Not Approach Or Contact Tenants.
    Property Highlights
    Additional Photos
    Listing Agents
    Randy Toomajanian

    O: 727-415-4008
    M: 727-415-4008
    randytrealestate@gmail.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    7201 Dr M.L.K. Jr St N

    St Petersburg, FL 33702

    Listing ID: 305600
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    Building Size: --
    Lot Size: 1.080 AC
    Land Size: 47,190 SF
    Building $/SF:
    Land $/SF: $31.58
    Price
    $2,500,000
    Property Highlights
    Prime North St. Petersburg Location Great Development Opportunity Multi-Parcel Commercial & Residential Listing
    4 Parcels - Large Vacant Lot For Development ,Plus Res/Comm Existing Office Building and 2 Rental Homes
    CRS-1 Zoning Allows For A Wide Variety Of Uses - Multifamily (15 units/acre) / Office, etc
    Offered As A Package - Will Not Separate
    Vacant Parcel and Corner Office Building Zoned CRS-1 /. 2 Rental Homes Zoned Residential
    Large Vacant Parcel Zoned CRS-1 7200 Block Of DR. MLK JR ST N - 330' Of Frontage x 143' MOL.
    Corner Office Bldg Zoned CRS-1 / HTDSF: 1,125 TOTSF: 1,562. 130' Frontage x 60' Deep MOL.
    Rental Home 1 - 899 72nd Ave N - HTDSF 1,040 and TOTSF 1,556
    Rental Home 2 - 889 72nd Ave N - HTDSF 1,125 and TOTSF 1,562
    Flood Zone - AE
    Do Not Approach Or Disturb Tenants
    Description

    Attention Developers and Builders!

    This is a rare opportunity to acquire a 4-parcel real estate listing in prime North St. Petersburg, FL. The properties includes a vacant commercial parcel (zoned CRS-1) with 330' of frontage on Dr. MLK Jr. St. N, an office building (CRS-1), and 2 rental homes. The zoning for the large vacant parcel and office building allow a variety of uses, including multifamily (up to 15 units per acre), office, and other uses - See attached Zoning Matrix. 


    The properties are located in a highly desirable location close to I-275, the Gandy Bridge, Gateway Mall, Downtown St. Pete, Tampa International Airport, and Clearwater Airport. 

    The sales and rental markets in this area are strong, making this a great opportunity for investors. If you're a developer or builder looking for a great opportunity, this is the property for you. 

    If you're interested in this property, please call me today at (727) 415-4008. I'd be happy to answer any questions you have and schedule a showing. Do Not Approach Or Contact Tenants.

    Attachments & Files

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    Points of Interest & Demographic Radii

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    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    St Petersburg History of Commercial Land for Sale

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    St Petersburg Area Market Trends

    Listing Demographics for 7201 Dr M.L.K. Jr St N St Petersburg, FL 33702

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population20,839104,093219,870
    Population Median Age414343
    Population by Age0-9 Yrs2359 (11%)10379 (9%)20924 (9%)
    10-19 Yrs2084 (10%)8454 (8%)19025 (8%)
    20-29 Yrs2969 (14%)14143 (13%)29337 (13%)
    30-39 Yrs3006 (14%)14837 (14%)31009 (14%)
    40-49 Yrs2271 (10%)13172 (12%)28579 (12%)
    50-59 Yrs3041 (14%)14695 (14%)31939 (14%)
    60-69 Yrs2344 (11%)14409 (13%)30466 (13%)
    70+ Yrs2764 (13%)14002 (13%)28591 (13%)
    Median HH Income$53,156$55,815$56,942
    Total Household Income< 24K1897 (22%)9293 (20%)18867 (19%)
    25-49K2060 (24%)11027 (24%)23645 (24%)
    50-74K1762 (20%)7841 (17%)16970 (17%)
    75-99K1048 (12%)5634 (12%)12064 (12%)
    100-199K1420 (16%)8316 (18%)17812 (18%)
    200K+239 (2%)2756 (6%)6197 (6%)
    Highest Education LevelNo Diploma1628800016236
    Diploma or GED44302041742681
    Some College34911693134492
    Assoc. Degree1507794916738
    Bachelors Degree28481724337257
    Higher Degree1101935420892
    Total Housing Units9,61552,607112,508
    --Owner-Occupied5,38429,19559,308
    --Renter-Occupied3,04215,67236,248
    Owner-Occupied Values< 100K1233686910936
    100-199K1799893419420
    200-299K1497589312833
    300-399K37926455837
    400-499K3613453038
    500K+44035087244
    Total Working Age Population17,31488,735187,423
    In Work Force11,41056,551120,587
    Not In Work Force5,90432,18466,836
    Workforce Employed10,77053,309113,732
    Workforce Unemployed6183,0776,025
    Civlian Workforce11,38856,386119,757
    Military Workforce22165830
    Total Households8,42644,86695,556
    Family Households4,56123,93749,228
    Non-Family Households3,86420,93046,328
    Married Couple2,99916,66835,226
    Other Family1,5637,26914,002
    Married w/Child1,0285,35811,744
    Single Male w/Child1809102,076
    Single Female w/Child4192,0753,940

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Florida15,982,378+1818,801,310+1421,517,610+1324,340,457
    Hillsborough County998,948+231,229,226+191,466,803+161,708,550
    Pinellas County921,482-1916,542+7983,883+51,034,290

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 7201 Dr M.L.K. Jr St N in St Petersburg?
    The asking price for 7201 Dr M.L.K. Jr St N is $2,500,000
    How much land does the St Petersburg, FL property at 7201 Dr M.L.K. Jr St N include?
    7201 Dr M.L.K. Jr St N in St Petersburg includes 1.080 acres of land
    What kind of Land is the propery at 7201 Dr M.L.K. Jr St N?
    The property at 7201 Dr M.L.K. Jr St N St Petersburg, FL 33702 is listed as a Apartment Land Land property
    What is the population within 1 mile of 7201 Dr M.L.K. Jr St N in St Petersburg?
    The population within 1 mile of 7201 Dr M.L.K. Jr St N St Petersburg, FL 33702 is 20,839 people.
    Who do I contact for questions about 7201 Dr M.L.K. Jr St N?
    You should contact the listing agent, Randy Toomajanian, for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    Tampa International Airport (TPA) 12
    Sarasota Bradenton International Airport (SRQ) 31
    Orlando International Airport (MCO) 91