- – beds
- – baths
- 1,956 sqft
- 6,168 sqft lot
- $255 per sqft
- 1950 build
- – on site
Prime St. Petersburg Investment Opportunity | Triplex with Mixed-Use Zoning and Commercial Potential Rarely available and ideally located, this income-producing triplex—comprised of 1919, 1922, and 1923 Dr. Martin Luther King Jr. Street South—offers a compelling opportunity in one of St. Petersburg’s most active growth corridors. Situated on a highly visible, high-traffic roadway just minutes from downtown St. Pete, this property is zoned for mixed use, allowing for future commercial, residential, or live/work development options. Currently configured as a three-unit residential property, the site provides strong rental income potential while offering long-term value as the area continues to evolve. The location is in close proximity to public transportation, including bus and trolley lines, and offers quick access to major highways, connecting easily to Tampa, the beaches, and beyond. Whether you’re an investor seeking solid cash flow, a developer exploring retail or office conversion, or a buyer looking to capitalize on the live/work trend, this property checks every box. It is located near college campuses, employment hubs, and established neighborhoods, further enhancing both tenant demand and commercial viability. Properties with this level of location, zoning flexibility, and visibility rarely come to market—don’t miss this chance to secure a key piece of real estate in one of the fastest-growing areas in Pinellas County.
Last checked:
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Last updated Jun 23, 2025
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MLS# TB8398976 —
The Building
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Year Built:1950
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New Construction:false
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Construction Materials:Block
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Roof:Shingle
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Foundation Details:Block
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Unit Number:J
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# of Buildings:2
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Building Area Units:Square Feet
Interior
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Interior Features:Other
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Fireplace:false
Room Dimensions
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Living Area:1956
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Living Area Units:Square Feet
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Living Area Source:Public Records
Location
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Directions:Head South on I- 275 S, take Exit I-175E to Dr MLK exit. Merge on to 5th Ave S. Turn right on 9th street
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Latitude:27.750614
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Longitude:-82.646839
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Coordinates:-82.646839, 27.750614
The Property
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Parcel Number:253116193500040150
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Property Type:Residential Income
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Property Subtype:Triplex
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Property Condition:Fixer
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Lot Size Acres:0.14
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Lot Size Area:6168
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Lot Size SqFt:6168
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Lot Size Dimensions:64 x 100
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Lot Size Units:Square Feet
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Total Acres:0 to less than 1/4
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View:false
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Exterior Features:Other
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Water Source:Public
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Road Surface Type:Concrete
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Flood Zone Code:X
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Additional Parcels:false
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Additional Parcels Description:NONE
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (352) 586-5685
- Office phone:
- (727) 877-5020
Taxes
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Tax Year:2024
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Tax Lot:15
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Tax Block:D
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Tax Legal Description:CROMWELL HEIGHTS BLK D, LOT 15
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Tax Book Number:1-12
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Tax Annual Amount:$2,685.84
The Listing
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Virtual Tour URL Unbranded:https://www.propertypanorama.com/instaview/stellar/TB8398976
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Special Listing Conditions:None
Heating & Cooling
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Heating:Wall Units / Window Unit
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Heating:true
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Cooling:Wall/Window Unit(s)
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Cooling:true
Utilities
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Utilities:BB/HS Internet Available
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Sewer:Public Sewer
Appliances
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Laundry Features:Other
The Community
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Subdivision Name:CROMWELL HEIGHTS
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Senior Community:false
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Waterview:false
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Water Access:false
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Waterfront:false
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Pool Private:false
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Association:false
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Ownership:Fee Simple
Parking
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Garage:false
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Carport:false
Extra Units
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# of Units Total:3
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/19/25
Jun 19, 2025
|
Listed / Active | STELLAR_MLS | $499,900 |