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About This Home

This land at 1118 S DR MARTIN LUTHER KING JR STREET S in Saint Petersburg, FL is listed for $2,250,000 (0.85 acres).

Agent Description

Exceptional development opportunity in Historic Roser Park, one of St. Petersburg’s most distinctive and sought-after neighborhoods. This rare assemblage consists of five contiguous lots totaling approximately 32,500± SF (250’ x 130’) with 250 feet of frontage and located in a desirable X Flood Zone.

Positioned just minutes from Downtown St. Petersburg, Bayfront Health, Johns Hopkins All Children’s Hospital, the Innovation District, USF St. Petersburg, and the vibrant Central Avenue corridor, the site offers outstanding accessibility and long-term growth potential.

The property is mixed-use capable with development flexibility and potential FAR benefits through residential rental incentives. Opportunities of this scale are increasingly difficult to find within established urban neighborhoods, particularly in Roser Park, a historic enclave of approximately 130 homes known for its character, walkability, and proximity to downtown amenities.

Ideal for luxury townhomes, multifamily, mixed-use, workforce housing, or a signature infill development. A separate fully designed 18-unit development concept and supporting due diligence materials may be available to qualified purchasers. Buyer to verify all zoning, density, FAR, land use, development rights, and intended use with the City of St. Petersburg. Rare scale. Exceptional location. Significant development potential.

Key Features

  • 0.85 acre lot

Location

1118 S DR MARTIN LUTHER KING JR STREET S

Saint Petersburg, FL 33701

GRAHAMS T W SUB

Questions & Answers

This 0-bedroom, 0-bathroom land at 1118 S DR MARTIN LUTHER KING JR STREET S is listed at $2,250,000. The estimated monthly payment is $9,750 based on 20% down at 6.5% interest.

Key features include: 0.85 acre lot.

This property is listed by Nick Janovsky and can be reached at 8133918291 or nickj@serhant.com.

NJ

Nick Janovsky

Agent at SERHANT

(813) 391-8291

Listed by SERHANT · View on Broker Site

MLS# TB8520535· Source: listhub· Updated 2 days ago

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1118 S DR MARTIN LUTHER KING JR STREET S, Saint Petersburg, FL 33701

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