Eva Flores
REALTOR®
BEDS4
BATHS
SQUARE FEET2,208
MLS#TB8549153
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONINTERMONT G L HUNTS DIV
Property Description
Exceptional investment opportunity in the highly desirable Crescent Lake area of St. Petersburg. This beautifully renovated duplex features two spacious 2-bedroom, 1-bath units and a detached 3-car garage, offering flexibility for investors, owner-occupants, or future redevelopment potential. The property underwent an extensive renovation in 2022, including a new roof, HVAC, gas water heaters, electrical and plumbing updates. Both kitchens feature updated cabinetry and appliances, while the bathrooms combine modern updates with preserved historic character. Abundant windows provide natural light throughout, and both units feature large front porches. The backyard offers a shared laundry area, covered outdoor space attached to the garage, and plenty of room for entertaining. Current rents total $5,300/month. Both tenants are scheduled to vacate in October 2026, giving the next owner flexibility to establish new market rents, occupy a unit, or reposition the property. Conveniently located near Crescent Lake, downtown St. Petersburg, dining, shopping and entertainment.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Garage: 3
Heating: Central
Lot Size: 0.15 Acres
Roof Type: Shingle
Stories: 2.0
Taxes: $14,342
Year Built: 1928
Amenities
Built-in Features
Ceiling Fans(s)
Crown Molding
Eat-in Kitchen
Open Floorplan
Stone Counters
Awning(s)
Balcony
Fence
Garden
Sidewalk
Feature Descriptions
Annual Net Income: 42150.00
Appliances: Dryer, Microwave, Range, Refrigerator, Washer
Community Features: Street Lights
Days on Site: 19
Directions: From I-275, take the 22nd Ave N exit and head east. Turn right onto Dr. Martin Luther King Jr St N. Property will be on the right.
Exterior: Frame
Fireplace: Decorative, Insert
Fireplace Y/N: Yes
Flood Zone Code: X
Flooring: Wood
Foundation: Crawlspace
Home Warranty Y/N: No
Lease Terms: Twelve Months
Listing Terms: Cash, Conventional
Lot Dimensions: 0.15
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Duplex
Security: Security System
Sewer: Public Sewer
Showing Instructions: 24 Hour Notice, Appointment Only
Special Sale Provisions: None
Units: 2
Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Public, Sewer Connected, Water Connected
Water: Public
Water Access Y/N: No
Listed By / Shown By
Listed By
Agency Name: COMPASS FLORIDA LLC
Agency Contact: 813-365-9935
Shown By
Agent Name: Eva Flores
Agent Phone:
Agency Title: Florida Executive Realty
Estimate Your Payment
Estimated Payment
$ 3,271.88 per month $1,836.09 Principal & Interest $1,195.17 Property Tax $240.63 Homeowner's InsuranceChange Payment Information
Eva Flores
Cell: (619) 451-7997
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1423 Dr Martin Luther King Jr Street N | MLS# TB8549153
This multi-family property located at 1423 Dr Martin Luther King Jr Street N, Saint Petersburg, FL 33704 is currently listed for sale with an asking price of $825,000. Search Saint Petersburg real estate on eflores.floridaexecutiverealty.com today.