UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,956 sqft
Price per Sqft $230
Subdivision Cromwell Heights
MLS Listing ID TB8398976
Construction Status Fixer
HOA Y/N No
Year Built 1950
Annual Tax Amount $2,685
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 64x100
Property Sub-Type Triplex
Source Stellar MLS
Property Description
Rarely available and ideally located, this income-producing triplex—comprised of 1919, 1922, and 1923 Dr. Martin Luther King Jr. Street South—offers a compelling opportunity in one of St. Petersburg's most active growth corridors. Situated on a highly visible, high-traffic roadway just minutes from downtown St. Pete, this property is zoned for mixed use, allowing for future commercial, residential, or live/work development options.
Currently configured as a three-unit residential property, the site provides strong rental income potential while offering long-term value as the area continues to evolve. The location is in close proximity to public transportation, including bus and trolley lines, and offers quick access to major highways, connecting easily to Tampa, the beaches, and beyond.
Whether you're an investor seeking solid cash flow, a developer exploring retail or office conversion, or a buyer looking to capitalize on the live/work trend, this property checks every box. It is located near college campuses, employment hubs, and established neighborhoods, further enhancing both tenant demand and commercial viability.
Properties with this level of location, zoning flexibility, and visibility rarely come to market—don't miss this chance to secure a key piece of real estate in one of the fastest-growing areas in Pinellas County.
Location
State FL
County Pinellas
Community Cromwell Heights
Area 33705 - St Pete
Direction S
Interior
Interior Features Other
Heating Ductless
Cooling Wall/Window Unit(s)
Fireplace false
Laundry Other
Exterior
Exterior Feature Other
Utilities Available BB/HS Internet Available, Electricity Available, Sewer Available, Water Available
Roof Type Shingle
Garage false
Private Pool No
Building
Foundation Block, Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Construction Status Fixer
Others
Senior Community No
Ownership Fee Simple
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8398976
