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Active - Land for sale
1201 DR MARTIN LUTHER KING JR STREET N, St. Petersburg, FL
Facts & features
Why you’ll love it
This is a rare shovel-ready development opportunity in a prime location. This vacant lot comes fully permitted and approved for the construction of six luxury townhomes, allowing a developer to begin building immediately after closing with no entitlement delays. The sale includes complete architectural plans and approved permits for six high-end units, each designed with modern layouts and rooftop terraces that overlook downtown and 9th Street, offering premium views and strong resale or rental appeal. The project has been thoughtfully designed to maximize both square footage and outdoor living space, creating a luxury product that stands out in the market. Opportunities like this are extremely limited — skip the multi-year planning and approval process and move straight to construction. This is a turnkey development site ideal for developers looking for their next high-end townhome project in a growing area.
Listings courtesy of BHHS FLORIDA PROPERTIES GROUP as distributed by MLS GRID.
Listed by: Everett Vance, Jr • everettvance@gmail.com • BHHS FLORIDA PROPERTIES GROUP
Co-listed by: BHHS FLORIDA PROPERTIES GROUP
Source: Stellar MLS as distributed by MLS GRID, MLS#: TB8490694
Based on info available as of Nov 14, 2026 at 2:01 PM EST.
Come see by yourself
Affordability
$9,034/mo
- Mortgage$8,065
- Property tax$969
- HOA fee
- Homeowners insurance
Beycome estimates only. Actual amounts and terms vary by lender and location.
$31,900 Credit back
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Travel times
About East View Add
This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.
Flood & climate risk
FEMA Flood Zone X
Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.
More details
Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.
Fire
Storm
Air quality
Pollen
Disclaimer
Based on information submitted to the MLS GRID as of Nov 14, 2026 at 02:01pm EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Make a winning offer, and get up to
$31,900 Credit back
