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1423 Dr Martin Luther King Jr Street N

St Petersburg, FL 33704
  • $899,900
  • STATUS: Pending
  • ON SITE: 36 Days
  • MLS #: U8197008
Pending
$899,900
  • 4
    BEDS
  • 0.15
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 2,208
    SQFT
  • $408
    $/SQFT
Neighborhood:
Type:
Townhouse
Built:
1928
County:

School Ratings & Info

Description

Welcome to 1423 Dr Martin Luther King Jr Street North, a stunning multi-family property located in Crescent Lake, one of the most sought after locations in St Petersburg. This charming duplex features two spacious 2-bedroom, 1-bathroom units and a detached 3-car garage, making it the perfect investment opportunity for any discerning buyer. Live in one unit while renting out the other or rent both units! The current owners resided in the bottom unit while renting out the top unit for $3,250/month. This property is zoned for 2-4 units, so when thinking from a long term perspective, there is opportunity to turn the (3) car garage into additional units. Built in 1928, this historic property has been meticulously restored in 2022 with no expense spared. The upgrades are extensive, including a new roof, HVAC systems, gas hot water heaters, brand new electrical panel with updated electrical throughout and plumbing upgrades. The kitchen remodels in both units are truly breathtaking serving as modern, functional spaces. New cabinetry provides ample storage space for all your kitchen essentials as well as brand new appliances that include a natural gas cooktop, a highly sought after feature for any home chef. The deep farmhouse sinks, high quality quartz countertops, trendy open shelving and updated backsplash are features that will be appreciated. Both bathrooms are spacious and have been updated with new vanities and fresh paint while carefully preserving the original tile and refinishing the original cast iron tubs to showcase the property's rich history and character. From the moment you arrive, the curb appeal of this property is undeniable. The exterior has been freshly painted, and the extensive landscaping, featuring palm trees, shellstone, mulch, new pavers, and an iron rod front fence, adds a touch of elegance and sophistication to the property. Inside, the units are light and bright, with large windows that allow natural light to pour through. The original hardwood floors have been beautifully restored, adding to the property's charm and character. High ceilings and an open floor plan allows for seamless flow from one room to the next, with large living spaces at the front of the home, followed by the bedrooms and bathroom in the middle, and the kitchen/dining area at the back of the home. You will find a brand new shared washer and dryer located in a covered space attached to the 3 car garage. The property also features an expansive backyard that is perfect for entertaining. With multiple seating areas and pavered spaces, there's plenty of room for everyone to gather and enjoy. Finally, both units boast large front porches, providing the perfect spot to sit and relax while enjoying your morning cup of joe or evening cocktail. Overall, this is a unique and rare find that offers a fantastic investment opportunity. Don't miss your chance to make this stunning duplex your own!

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© 2023 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2023-06-03T23:43:26.43.
www.realestatecentralfl.com/homes/139025730
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1423 Dr Martin Luther King Jr Street N St Petersburg, FL 33704

  • Price: $899,900
  • Status: Pending
  • On Site: 36 Days
  • MLS #: U8197008
4
Beds
2
Baths
0
½ Baths
0.15
Acres
2,208
SQFT
$408
$/SQFT
1928
Built
Neighborhood:
Intermont G L Hunts Div
County:
Pinellas
Area:
St Pete/Euclid
Property Description
Welcome to 1423 Dr Martin Luther King Jr Street North, a stunning multi-family property located in Crescent Lake, one of the most sought after locations in St Petersburg. This charming duplex features two spacious 2-bedroom, 1-bathroom units and a detached 3-car garage, making it the perfect investment opportunity for any discerning buyer. Live in one unit while renting out the other or rent both units! The current owners resided in the bottom unit while renting out the top unit for $3,250/month. This property is zoned for 2-4 units, so when thinking from a long term perspective, there is opportunity to turn the (3) car garage into additional units. Built in 1928, this historic property has been meticulously restored in 2022 with no expense spared. The upgrades are extensive, including a new roof, HVAC systems, gas hot water heaters, brand new electrical panel with updated electrical throughout and plumbing upgrades. The kitchen remodels in both units are truly breathtaking serving as modern, functional spaces. New cabinetry provides ample storage space for all your kitchen essentials as well as brand new appliances that include a natural gas cooktop, a highly sought after feature for any home chef. The deep farmhouse sinks, high quality quartz countertops, trendy open shelving and updated backsplash are features that will be appreciated. Both bathrooms are spacious and have been updated with new vanities and fresh paint while carefully preserving the original tile and refinishing the original cast iron tubs to showcase the property's rich history and character. From the moment you arrive, the curb appeal of this property is undeniable. The exterior has been freshly painted, and the extensive landscaping, featuring palm trees, shellstone, mulch, new pavers, and an iron rod front fence, adds a touch of elegance and sophistication to the property. Inside, the units are light and bright, with large windows that allow natural light to pour through. The original hardwood floors have been beautifully restored, adding to the property's charm and character. High ceilings and an open floor plan allows for seamless flow from one room to the next, with large living spaces at the front of the home, followed by the bedrooms and bathroom in the middle, and the kitchen/dining area at the back of the home. You will find a brand new shared washer and dryer located in a covered space attached to the 3 car garage. The property also features an expansive backyard that is perfect for entertaining. With multiple seating areas and pavered spaces, there's plenty of room for everyone to gather and enjoy. Finally, both units boast large front porches, providing the perfect spot to sit and relax while enjoying your morning cup of joe or evening cocktail. Overall, this is a unique and rare find that offers a fantastic investment opportunity. Don't miss your chance to make this stunning duplex your own!
Exterior Features

Attached Garage Yn No Carport Yn No Construction Materials Wood Frame Covered Spaces 3 Direction Faces West Exterior Features BalconyLightingSidewalkStorage Foundation Details Crawlspace Lot Size Dimensions 50X130 Open Parking YN No Parking Features Alley Access Patio And Porch Features CoveredEnclosedFront PorchPatio Pool Private Yn No Road Surface Type Asphalt Roof Shingle Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Appliances DishwasherDisposalDryerMicrowaveRangeRefrigeratorWasher Building Area Total 3458 Cooling Central Air Cooling YN Yes Fireplace Yn Yes Flooring Hardwood Heating Central Heating YN Yes Interior Features Built in FeaturesCeiling Fans(S)Crown MoldingEating Space In KitchenHigh Ceiling(S)Stone Counters Laundry Features Outside Levels Two Room Count 11 Rooms Living Room Dining Room Kitchen Kitchen Living Room Balcony/Porch/Lanai Bedroom 2 Dining Room Bedroom 2 Sewer Public Sewer Stories Total 2 Water Source Public

Property Features

Association Approval Required Yn No Association Yn No Cdd Yn No Flood Zone Code X Garage Yn Yes Homestead Yn Yes Lease Considered YN Yes Lease Restrictions YN No Listing Terms CashConventional Minimum Lease No Minimum New Construction Yn No Ownership Fee Simple Property Condition Completed Property Sub Type 1/2 Duplex Security Features Security System Senior Community Yn No Special Listing Conditions None Tax Annual Amount 6456.65 Total Annual Fees 0 Total Monthly Fees 0 Utilities Electricity ConnectedPublicSewer ConnectedWater Connected Yrs Of Owner Prior To Leasing Re No


Listing information © 2023 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of Compass Florida Llc: 727-339-7902.



© 2023 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2023-06-03T23:43:26.43.
 
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