There are homes… and then there are landmarks.
And here, in the timeless beauty of St. Petersburg’s treasured Pinellas Point, stands one of the most captivating waterfront estates on Tampa Bay.
Built in 1925, this grand Spanish-Style estate is one of the originals – an enduring piece of our city’s history that has been thoughtfully preserved and masterfully updated for today’s modern coastal lifestyle.
Inside, more than 4,400 square feet of refined living space unfolds with grace and purpose. Five bedrooms, six full baths, a formal library, and a stately wood-burning fireplace create an atmosphere of warmth, elegance, and architectural authenticity. The home has been beautifully refreshed with new flooring, interior paint, updated windows and doors, and efficient ductless HVAC systems throughout. Modern convenience meets timeless craftsmanship.
Step outside and the world opens up – lush tropical gardens, a sparkling swimming pool, and unbelievable, unobstructed views of Tampa Bay and the iconic Sunshine Skyway Bridge. A custom dock and deck with boat cradle lift extend gracefully into the bay, inviting sunset cruises and early-morning adventures. The property spans over half an acre of gated privacy with custom fencing, an electronic entry gate, an irrigation system on reclaimed water, and a detached three-car garage.
This is more than a home – it is a legacy. A rare waterfront estate where history, architecture, and natural beauty converge to tell one magnificent story… and where the next chapter begins.
And here, in the timeless beauty of St. Petersburg’s treasured Pinellas Point, stands one of the most captivating waterfront estates on Tampa Bay.
Built in 1925, this grand Spanish-Style estate is one of the originals – an enduring piece of our city’s history that has been thoughtfully preserved and masterfully updated for today’s modern coastal lifestyle.
Inside, more than 4,400 square feet of refined living space unfolds with grace and purpose. Five bedrooms, six full baths, a formal library, and a stately wood-burning fireplace create an atmosphere of warmth, elegance, and architectural authenticity. The home has been beautifully refreshed with new flooring, interior paint, updated windows and doors, and efficient ductless HVAC systems throughout. Modern convenience meets timeless craftsmanship.
Step outside and the world opens up – lush tropical gardens, a sparkling swimming pool, and unbelievable, unobstructed views of Tampa Bay and the iconic Sunshine Skyway Bridge. A custom dock and deck with boat cradle lift extend gracefully into the bay, inviting sunset cruises and early-morning adventures. The property spans over half an acre of gated privacy with custom fencing, an electronic entry gate, an irrigation system on reclaimed water, and a detached three-car garage.
This is more than a home – it is a legacy. A rare waterfront estate where history, architecture, and natural beauty converge to tell one magnificent story… and where the next chapter begins.
Property Details
Price:
$2,649,000
MLS #:
TB8446538
Status:
Pending
Beds:
5
Baths:
6
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
POINT PINELLAS REP
Neighborhood:
33705stpete
Listed Date:
Nov 9, 2025
Finished Sq Ft:
4,456
Total Sq Ft:
5,467
Lot Size:
25,300 sqft / 0.58 acres (approx)
Year Built:
1925
See this Listing
Schools
Interior
Appliances
Built-In Oven, Cooktop, Dishwasher, Disposal, Microwave, Refrigerator
Bathrooms
6 Full Bathrooms
Cooling
Mini-Split Unit(s)
Flooring
Hardwood
Heating
Electric
Interior Features
Ceiling Fan(s), High Ceilings, Primary Bedroom Main Floor, PrimaryBedroom Upstairs, Split Bedroom, Stone Counters, Walk-In Closet(s), Window Treatments
Laundry Features
Inside, Upper Level
Levels
Two
Exterior
Architectural Style
Mediterranean
Attached Garage YN
1
Construction Materials
Block, Concrete
Covered Spaces
3
Direction Faces
North
Exterior Features
Balcony, French Doors, Garden, Irrigation System, Outdoor Shower
Fencing
Fenced
Garage Spaces
3
Lot Features
Cul-De-Sac, Oversized Lot
Parking Features
Garage Door Opener
Patio And Porch Features
Covered, Enclosed, Patio, Porch, Rear Porch
Roof
Tile
Security Features
Security Gate
Spa Features
In Ground
View
Garden, Water
Waterfront Features
Bay/Harbor, Gulf/Ocean
Financial
Tax Year
2024
Taxes
$15,490
Map
Community
- Address7240 DR MARTIN LUTHER KING JR STREET S ST PETERSBURG FL
- SubdivisionPOINT PINELLAS REP
- CityST PETERSBURG
- CountyPinellas
- Zip Code33705
Subdivisions in ST PETERSBURG
Market Summary
Current real estate data for Single Family in ST PETERSBURG as of Aug 29, 2026
1,546
Single Family Listed
108
Avg DOM
388
Avg $ / SqFt
$781,401
Avg List Price
Property Summary
- Located in the POINT PINELLAS REP subdivision, 7240 DR MARTIN LUTHER KING JR STREET S ST PETERSBURG FL is a Single Family for sale in ST PETERSBURG, FL, 33705. It is listed for $2,649,000 and features 5 beds, 6 baths, and has approximately 4,456 square feet of living space, and was originally constructed in 1925. The current price per square foot is $594. The average price per square foot for Single Family listings in ST PETERSBURG is $388. The average listing price for Single Family in ST PETERSBURG is $781,401. To schedule a showing of MLS#tb8446538 at 7240 DR MARTIN LUTHER KING JR STREET S in ST PETERSBURG, FL, contact your InvestPro Properties, Inc. agent at 561-203-7022.
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Courtesy of NEXTHOME SOUTH POINTE. 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. 7240 DR MARTIN LUTHER KING JR STREET S
ST PETERSBURG, FL
