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.
Property Details
Price:
$1,875,000
MLS #:
TB8490694
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Subdivision:
EAST VIEW ADD
Neighborhood:
33701stpete
Listed Date:
Mar 25, 2026
Lot Size:
12,410 sqft / 0.28 acres (approx)
See this Listing
Schools
Interior
Exterior
Direction Faces
Undetermined
Lot Features
Buildable, Cleared, Corner Lot, City Lot, Near Public Transit, Sidewalk
Financial
Tax Year
2025
Taxes
$11,627
Map
Community
- Address1201 DR MARTIN LUTHER KING JR STREET N ST PETERSBURG FL
- SubdivisionEAST VIEW ADD
- CityST PETERSBURG
- CountyPinellas
- Zip Code33701
Subdivisions in ST PETERSBURG
Market Summary
Current real estate data for Land in ST PETERSBURG as of Aug 29, 2026
151
Land Listed
235
Avg DOM
$783,639
Avg List Price
Property Summary
- Located in the EAST VIEW ADD subdivision, 1201 DR MARTIN LUTHER KING JR STREET N ST PETERSBURG FL is a Land for sale in ST PETERSBURG, FL, 33701. It is listed for $1,875,000 and features 0 acres. To schedule a showing of MLS#tb8490694 at 1201 DR MARTIN LUTHER KING JR STREET N in ST PETERSBURG, FL, contact your InvestPro Properties, Inc. agent at 561-203-7022.
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Courtesy of BHHS FLORIDA PROPERTIES GROUP. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than InvestPro Properties, Inc. include the name of the listing broker. Neither the listing company nor InvestPro Properties, Inc. shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Orlando/Tampa – FL. All rights reserved. 1201 DR MARTIN LUTHER KING JR STREET N
ST PETERSBURG, FL