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1423 Dr Martin Luther King Jr Street N, St Petersburg
$825,000
4 Beds ⋅ 2 Baths ⋅ Intermont G L Hunts Div SubDv. ⋅ 33704 Zip Code
Beautifully renovated duplex in St. Petersburg’s desirable Crescent Lake area, offered with both units to be delivered vacant at closing. Featuring two spacious 2-bedroom, 1-bath residences and a detached 3-car garage, this property offers the flexibility to live in one unit and rent the other or accommodate extended family in separate living spaces. An extensive 2022 renovation included a new roof, HVAC, gas water heaters, and electrical and plumbing updates. Both kitchens feature updated cabinetry and appliances, while the bathrooms blend modern finishes with preserved historic character. Wood floors, abundant windows, and inviting front porches highlight the charm of this 1928 property. The backyard includes a shared laundry area, covered outdoor space adjoining the garage, and room for entertaining. Conveniently located near Crescent Lake, downtown St. Petersburg, shopping, dining, and entertainment. Both tenants are scheduled to vacate by October 31, 2026, giving the next owner flexibility to make the property their own.

1423 Dr Martin Luther King Jr Street N, St Petersburg

1423 Dr Martin Luther King Jr Street N, St Petersburg
$825,000
4 Beds ⋅ 2 Baths ⋅ Intermont G L Hunts Div SubDv. ⋅ 33704 Zip Code
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.

1423 Dr Martin Luther King Jr Street N, St Petersburg