1423 DR MARTIN LUTHER KING JR STREET N | St Petersburg

$950,000 | 4 Beds | 2 Baths (2 Full) | 2,208 Sq. Ft.

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! StellarMLS TB8391638

Directions to property: From 22nd Ave N, head south on Dr M.L.K. Jr St N, home is on the left between 16th Ave N and 14th Ave N.

MLS Listing ID: 
StellarMLS TB8391638
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Residential
Property Sub Type: 
Single Family Residence
Primary Market Area: 
St Petersburg
Address: 
1423 DR MARTIN LUTHER KING JR STREET N, St Petersburg, FL 33704, US
County: 
Pinellas
Community Information
High: 
St. Petersburg High-PN
Subdivision: 
INTERMONT G L HUNTS DIV
Building Details
Details about the building on a property.
Year Built: 
1928
New Construction: 
0
Living Area: 
2,208
Interior: 
Crown Molding, Eating Space In Kitchen, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Thermostat, Window Treatments
Construction
Construction Materials: 
Wood Siding
Foundation Details: 
Crawlspace
Roof: 
Shingle
Exterior Features: 
Balcony, Lighting, Sidewalk
Porch: 
Covered, Front Porch, Patio
Room Details
Details about the rooms in the building.
Total Rooms: 
8
Total Bedrooms: 
4
Total Bathrooms: 
2
Total Full-Bathrooms: 
2
Total Half-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Electric
Cooling System: 
Central Air
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.15
Lot Size (Area): 
6,434
Lot Size (Dimensions): 
50 x 130
Waterfront: 
0
Lot Features
Parking Type: 
Driveway, Garage Faces Rear, Off Street
Fence: 
Fenced
Public Record
Parcel Number: 
183117431460000030
Annual Tax: 
$13,270.61
Property Zoning: 
MULTI-FAM
Listing Dates
Dates involved in the transaction.
Listing Entry Date/Time: 
5/30/2025
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
Emma Yepsen Pardo
Listing Office Name: 
COMPASS FLORIDA LLC