1423 Dr Martin Luther King Jr Street N, ST PETERSBURG, FL 33704
Local realty services provided by:ERA Grizzard Real Estate



Listed by:emma yepsen pardo
Office:compass florida llc.
MLS#:TB8391638
Source:MFRMLS
Price summary
- Price:$899,000
- Price per sq. ft.:$277.64
About this home
Investors or house-hackers! This is a must-see, beautifully renovated multi-family property located in the highly desirable Crescent Lake area of St Petersburg, Florida. This exquisite duplex offers two spacious 2 bed/1 bath units along with a detached 3-car garage, presenting a prime investment opportunity, as the property is currently zoned to construct up to 4 units. Currently leased with long-term tenants in place, bringing in $63,000 of rental income annually. This historic home was fully renovated in 2022 up to today's standards. Upgrades included a new roof, new HVAC, new gas water heaters, new electrical throughout and plumbing updated as well. The kitchens in both units feature charming and modern updates including new cabinetry and new appliances. Open shelving and updated backsplashes add a touch of contemporary style. The bathrooms have been refreshed with new vanities while preserving the original tile and refinishing the cast iron tubs, highlighting the home's historic charm. Endless windows throughout both units let in the natural light complemented by stunning window treatments. The backyard features a shared laundry space in a covered area attached to the garage, and an expansive backyard perfect for entertaining! Both units also offer large front porches, ideal for relaxing with a morning coffee or evening drink. This exceptional property is a rare find and outstanding investment opportunity. Don’t miss the chance to make this stunning duplex your new venture!
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Home facts
- Year built:1928
- Listing Id #:TB8391638
- Added:80 day(s) ago
- Updated:August 14, 2025 at 12:11 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Living area:2,208 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Electric
Structure and exterior
- Roof:Shingle
- Year built:1928
- Building area:2,208 sq. ft.
- Lot area:0.15 Acres
Schools
- High school:St. Petersburg High-PN
Utilities
- Water:Public, Water Available
- Sewer:Public, Public Sewer, Sewer Available
Finances and disclosures
- Price:$899,000
- Price per sq. ft.:$277.64
- Tax amount:$13,271 (2024)
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