
1423 Dr Martin Luther King jr St N Saint Petersburg, FL 33704
Crescent Lake NeighborhoodEstimated payment $5,995/month
Highlights
- Property is near public transit
- Living Room with Fireplace
- Solid Surface Countertops
- St. Petersburg High School Rated A
- Wood Flooring
- No HOA
About This Home
Investors or house-hackers! This is a must-see, beautifully renovated multi-family property located in the highly desirable Crescent Lake area of St Petersburg. This exquisite duplex offers two spacious 2 bed/1 bath units along with a detached 3-car garage, presenting a prime investment opportunity, as the property is currently zoned to construct up to 4 units. Currently bringing in $63,000 of rental income annually with long-term tenants in place. This historic home was fully renovated in 2022 up to today's standards. Upgrades included a new roof, new HVAC, new gas water heaters, new electrical throughout and plumbing updated as well. The kitchens in both units feature charming and modern updates including new cabinetry and new appliances. Open shelving and updated backsplashes add a touch of contemporary style. The bathrooms have been refreshed with new vanities while preserving the original tile and refinishing the cast iron tubs, highlighting the home's historic charm. Endless windows throughout both units let in the natural light complemented by stunning window treatments. The backyard features a shared laundry space in a covered area attached to the garage, and an expansive backyard perfect for entertaining! Both units also offer large front porches, ideal for relaxing with a morning coffee or evening drink. This exceptional property is a rare find and outstanding investment opportunity. Don’t miss the chance to make this stunning duplex your new venture!
Listing Agent
COMPASS FLORIDA LLC Brokerage Phone: (305) 851-2820 License #3371485 Listed on: 05/30/2025

Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,271
Year Built
- Built in 1928
Lot Details
- 6,434 Sq Ft Lot
- Lot Dimensions are 50x130
- Fenced
- Landscaped
- Level Lot
Parking
- 3 Car Garage
- Common or Shared Parking
- Ground Level Parking
- Rear-Facing Garage
- Driveway
- Off-Street Parking
- Deeded Parking
Home Design
- Duplex
- Bi-Level Home
- Frame Construction
- Shingle Roof
Interior Spaces
- 2,208 Sq Ft Home
- Crown Molding
- Ceiling Fan
- Drapes & Rods
- Wood Frame Window
- Living Room with Fireplace
- Wood Flooring
- Crawl Space
Kitchen
- Eat-In Kitchen
- Range
- Microwave
- Dishwasher
- Solid Surface Countertops
- Solid Wood Cabinet
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Located Outside
- Dryer
- Washer
Outdoor Features
- Balcony
- Courtyard
- Covered Patio or Porch
- Exterior Lighting
Location
- Property is near public transit
Schools
- St. Petersburg High School
Utilities
- Central Air
- Heating Available
- Thermostat
- High Speed Internet
- Phone Available
- Cable TV Available
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Lot 3
- Assessor Parcel Number 18-31-17-43146-000-0030
Community Details
Overview
- No Home Owners Association
- 2 Units
- 3,238 Sq Ft Building
- Intermont G L Hunts Div Subdivision
Amenities
- Laundry Facilities
Pet Policy
- Pets Allowed
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/28/2025 07/28/25 | Price Changed | $899,000 | -5.4% | $407 / Sq Ft |
05/30/2025 05/30/25 | For Sale | $950,000 | +11.1% | $430 / Sq Ft |
07/21/2023 07/21/23 | Sold | $855,000 | -5.0% | $387 / Sq Ft |
05/21/2023 05/21/23 | Pending | -- | -- | -- |
04/28/2023 04/28/23 | For Sale | $899,900 | +80.0% | $408 / Sq Ft |
06/21/2022 06/21/22 | Sold | $500,000 | 0.0% | $226 / Sq Ft |
06/21/2022 06/21/22 | For Sale | $500,000 | -- | $226 / Sq Ft |
05/11/2022 05/11/22 | Pending | -- | -- | -- |
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Source: Stellar MLS
MLS Number: TB8391593

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