NOT LISTED FOR SALE

1756 S Martin Luther King jr Ave Belleair, FL 33756

Wyatt Street Neighborhood

Estimated Value: $1,690,000

7.21 Acres
$234,397 Price per Acre
314,068 Sq Ft Lot

Last Sold October 22, 2021

Last sale price $2,000,000

Est. 16% decrease in value since last sale

Current estimated payment $10,899/month

560 Days on Market

Highlights

  • 7.21 Acre Lot
  • Oversized Lot
  • Partially Fenced Property
  • Largo High School Rated A-
  • Zoned For Horses
  • Heating Available

About This Lot

As of October 2021

This is the largest build-able lot for sale in Pinellas County featuring 7 acres in a great location currently zoned for 7.5 residential units per acre. This high and dry property already has retention in place and would be great for a large multi-family development or single family homes. The 583 feet of road frontage already has public sewer in place as well as street lights. The property at 1764 S Dr. Martin Luther King is owned by a family member and can also be purchased with this property to add an additional .27 acres. Centrally located, this would also make a great horse farm with a huge cleared and level pasture and plenty of room for a large barn and riding arena. Don't miss this opportunity to develop the project of a lifetime!

Last Agent to Sell the Property

Chris Stivers

ENGEL & VOLKERS BELLEAIR License #3286671 Listed on: 12/11/2019

ENGEL & VOLKERS BELLEAIR

Last Buyer's Agent

Jason Miller

RE/MAX ACTION FIRST OF FLORIDA License #668828

RE/MAX ACTION FIRST OF FLORIDA

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,894

Lot Details

  • 7.21 Acre Lot
  • Lot Dimensions are 613x525
  • Partially Fenced Property
  • Oversized Lot
  • Level Lot
  • 2 Lots in the community
  • Additional Parcels
  • Property is zoned A-E

Additional Features

  • Zoned For Horses
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 0300 / 230
  • Assessor Parcel Number 27-29-15-00000-230-0300

Property Details

Property Type

Land

Est. Annual Taxes

$5,894

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 7.21
  • Lot Size Sq Ft: 314068
  • Number Of Lots: 2
  • Directions to Property: From West Bay Drive and Clearwater/Largo Road, head north. Turn right onto Wyatt Street, then left onto S Dr. MLK Jr Avenue to address.
  • Status: Sold
  • Street Direction: S
  • Total Acreage: 5 to less than 10
  • Ratio: Close Price\List Price: 0.95238
  • Price per Sq Ft: 6.37
  • Close to Original List Price Ratio: 0.76923
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 1756

Exterior Features

  • Other Structures: Other
  • Road Frontage Type: City Street
  • Waterfront: No
  • Water View Y N: No
  • Front Footage: 613
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Available, Sewer Connected, Street Lights, Water Available
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes

Lot Info

  • Zoning: A-E
  • Parcel Number: 27-29-15-00000-230-0300
  • Additional Parcels Description: 27-29-15-00000-230-0310
  • Additional Parcels: Yes
  • Fencing: Partial
  • Lot Features: Buildable, Compact Soil, Level, Oversized Lot, Retention Pond, Street Lights, Zoned for Horses
  • Lot Dimensions: 613x525
  • Price Per Acre: 277393
  • Flood Zone Code: X
  • Current Adjacent Use: Church, Multi-Family
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • For Lease Y N: No

Tax Info

  • Tax Annual Amount: 5893.96
  • Tax Block: 230
  • Tax Book Number: 27-31
  • Tax Lot: 0300

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2019
Closed on
Oct 20, 2021
Sold by
Rudolph Monte Kim and Nelson James S
Bought by
Habitat For Humanity Of Pinellas Cnty In
Seller's Agent
Chris Stivers
ENGEL & VOLKERS BELLEAIR
Buyer's Agent
Jason Miller
RE/MAX ACTION FIRST OF FLORIDA
List Price
$2,100,000
Sold Price
$2,000,000
Premium/Discount to List
-$100,000
-4.76%
Current Estimated Value
$1,690,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$310,000
Avg. Annual Appreciation
-4.29%
Original Mortgage
$1,600,000
Outstanding Balance
$1,477,916
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$212,084

Purchase Details

Closed on
Feb 10, 2017
Sold by
Nelson Joseph D and Nelson June C
Bought by
Kim Nelson June C and Kim Rudolph Monte

Purchase Details

Closed on
Jul 23, 2004
Sold by
Nelson Joseph D and Nelson June C
Bought by
Nelson Joseph D and Nelson June C

Purchase Details

Closed on
Aug 21, 2001
Sold by
Bates James E and Bates Marilyn N
Bought by
Bates Marilyn N Trust
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Habitat For Humanity Of Pinellas Cnty In $2,000,000 International Ttl Partners L
Kim Nelson June C -- Attorney
Nelson Joseph D -- --
Bates Marilyn N Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Habitat For Humanity Of Pinell $469,000
Open Habitat For Humanity Of Pinellas Cnty In $1,600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2021 10/22/21 Sold $2,000,000 -4.8% --
06/23/2021 06/23/21 Pending -- -- --
04/29/2021 04/29/21 For Sale $2,100,000 +5.0% --
04/26/2021 04/26/21 Off Market $2,000,000 -- --
03/24/2021 03/24/21 For Sale $2,100,000 +5.0% --
03/24/2021 03/24/21 Off Market $2,000,000 -- --
11/30/2020 11/30/20 Price Changed $2,100,000 -4.5% --
09/24/2020 09/24/20 For Sale $2,200,000 0.0% --
02/21/2020 02/21/20 Pending -- -- --
02/13/2020 02/13/20 Price Changed $2,200,000 -15.4% --
12/11/2019 12/11/19 For Sale $2,600,000 -- --
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 -- $1,312,487 $1,290,590 $21,897
2023 -- $1,455,684 $1,436,751 $18,933
2022 $31,951 $1,679,225 $1,616,200 $63,025
2021 $6,184 $636,984 $0 $0
2020 $5,894 $607,670 $0 $0
2019 $6,632 $732,398 $672,791 $59,607
2018 $5,709 $577,124 $0 $0
2017 $3,940 $323,406 $0 $0
2016 $3,815 $312,038 $0 $0
2015 $4,103 $347,456 $0 $0
2014 $3,287 $255,224 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: U8068321

Stellar MLS

APN: 27-29-15-00000-230-0300