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Active - Duplex for sale

1423 DR MARTIN LUTHER KING JR STREET N, St. Petersburg, FL

4 bds|2,208 sqft

Facts & features

Duplex Property type
62 days on Beycome
1928 Year built
$362 Price/Sqft.
3 car garage Parking
6,434 sqft Lot size

Why you’ll love it

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.

Translating description...

Listings courtesy of COMPASS FLORIDA LLC as distributed by MLS GRID.

Listed by: Cash Ealey • cash.ealey@compass.com • COMPASS FLORIDA LLC

Co-listed by: COMPASS FLORIDA LLC

Source: Stellar MLS as distributed by MLS GRID, MLS#: TB8549153 Stellar MLS as distributed by MLS GRID logo

Based on info available as of Nov 14, 2026 at 2:01 PM EST.

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Affordability

$520,000$1,080,000
1%20%
0%90%
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Estimated monthly payment

$5,240/mo

  • Mortgage$4,045
  • Property tax$1,195
  • HOA fee
  • Homeowners insurance
Due at closing$636,000
Down payment held in escrow$160,000
Closing costs$12,000
beycome credit Est.$16,000

Beycome estimates only. Actual amounts and terms vary by lender and location.

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Travel times

About Intermont G L Hunts Div

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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.

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.

$800,000 Listed price

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$16,000 Credit back

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