1118 S DR MARTIN LUTHER KING JR STREET S,St Petersburg,Pinellas,Land

1118 S DR MARTIN LUTHER KING JR STREET S

MLS# TB852053563 days on marketUpdated August 19, 2026

$ 1,850,000

Reduced from $ 2,250,000

Overview

UpdatedAugust 19, 2026
MLS #TB8520535

Description

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.

Listing courtesy of SERHANT

MLS# TB8520535 · Listing agent Nick Janovsky · Phone 813-391-8291 · Data last updated August 19, 2026

Virtual Tour

Address

Interior

  • Bathrooms Total Integer0
  • Living Area UnitsSquare Feet

Exterior

  • Lot FeaturesOversized Lot
  • Lot Size Acres1
  • Lot Size Area32,400
  • Lot Size Dimensions250 x 130
  • Lot Size Square Feet32,400
  • Lot Size UnitsSquare Feet
  • Road Frontage TypeAccess Road, Alley, Business District, City Street, Private Road, Other
  • Road Surface TypePaved

Structure

  • Current UseMixed Use

Financial

  • Parcel Number303117324900000010
  • Tax Annual Amount4,208
  • Tax Block12345
  • Tax Book Number1-15
  • Tax Legal DescriptionGRAHAM'S, T. W. SUB LOTS 1 AND 2 LESS RD R/W
  • Tax Lot1
  • Tax Year2025

Features & Amenities

Meet your agent

Lori Hopkins

Listing Agent

Agent MLS ID260013383

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