$2,995,000

7240 Doctor Martin Luther King Junior St S St. Petersburg, FL 33705

Greater Pinellas Point Neighborhood

Estimated payment $17,045/month

Total Views 281
5 Beds
6 Baths
4,456 Sq Ft
$672 Price per Sq Ft

Highlights

  • Very Popular Property
  • White Water Ocean Views
  • Boat Lift
  • 240 Feet of Waterfront
  • Dock has access to electricity and water
  • In Ground Pool

About This Home

There are homes... and then there are landmarks.
And here, in the timeless beauty of St. Petersburg’s treasured Pinellas Point, stands one of the most captivating waterfront estates on Tampa Bay. Built in 1925, this grand Spanish-Style estate is one of the originals - an enduring piece of our city’s history that has been thoughtfully preserved and masterfully updated for today’s modern coastal lifestyle. Inside, more than 4,400 square feet of refined living space unfolds with grace and purpose. Five bedrooms, six full baths, a formal library, and a stately wood-burning fireplace create an atmosphere of warmth, elegance, and architectural authenticity. The home has been beautifully refreshed with new flooring, interior paint, updated windows and doors, and efficient ductless HVAC systems throughout. Modern convenience meets timeless craftsmanship. Step outside and the world opens up - lush tropical gardens, a sparkling swimming pool, and unbelievable, unobstructed views of Tampa Bay and the iconic Sunshine Skyway Bridge. A custom dock and deck with boat cradle lift extend gracefully into the bay, inviting sunset cruises and early-morning adventures. The property spans over half an acre of gated privacy with custom fencing, an electronic entry gate, an irrigation system on reclaimed water, and a detached three-car garage. This is more than a home - it is a legacy. A rare waterfront estate where history, architecture, and natural beauty converge to tell one magnificent story... and where the next chapter begins.

Listing Agent

Kent Rodahaver

NEXTHOME SOUTH POINTE Brokerage Phone: 833-777-6398 License #3294574 Listed on: 11/09/2025

NEXTHOME SOUTH POINTE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,490

Year Built

  • Built in 1925

Lot Details

  • 0.58 Acre Lot
  • 240 Feet of Waterfront
  • 120 Feet of Bay Harbor Waterfront
  • 120 Feet of Ocean or Gulf Waterfront
  • Cul-De-Sac
  • North Facing Home
  • Fenced
  • Mature Landscaping
  • Oversized Lot
  • Irrigation Equipment
  • Bamboo Trees
  • Garden

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Property Views

  • White Water Ocean
  • Garden

Home Design

  • Mediterranean Architecture
  • Bi-Level Home
  • Block Foundation
  • Tile Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 4,456 Sq Ft Home
  • High Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Window Treatments
  • French Doors
  • Entrance Foyer
  • Family Room
  • Living Room
  • Breakfast Room
  • Dining Room
  • Den
  • Library
  • Wood Flooring
  • Security Gate
  • Laundry on upper level

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Upstairs
  • Split Bedroom Floorplan
  • En-Suite Bathroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • 6 Full Bathrooms

Pool

  • In Ground Pool
  • In Ground Spa
  • Gunite Pool
  • Outdoor Shower

Outdoor Features

  • No Fixed Bridges
  • Rip-Rap
  • Boat Lift
  • Dock has access to electricity and water
  • Dock made with wood
  • Open Dock
  • Balcony
  • Enclosed Patio or Porch

Additional Homes

  • 352 SF Accessory Dwelling Unit

Utilities

  • Mini Split Air Conditioners
  • Heating Available
  • Power Generator

Community Details

  • No Home Owners Association
  • Point Pinellas Rep Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,490

Year Built

Built in 1925

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Mediterranean
  • Construction Materials: Block, Concrete
  • Fireplace: Yes
  • Living Area: 4456
  • Lot Size Acres: 0.58
  • New Construction: No
  • Year Built: 1925
  • Building Area Total: 5467
  • Lot Size Sq Ft: 25300
  • Status: Active
  • Street Post Direction: S
  • Ownership: Fee Simple
  • Escrow City: St Petersburg
  • Escrow State: FL
  • Escrow Street Name: Third Street S
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 672.13
  • Total Acreage: 1/2 to less than 1
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 1
  • MFR_DockDescription: Dock - Open,Dock - Wood,Dock w/Electric,Dock w/Water Supply,Lift
  • MFR_DockYN: 1
  • MFR_InLawSuiteDescription: 1 Bathroom,1 Bedroom,Private Entrance
  • MFR_InLawSuiteUnderAirSqFt: 352.00
  • Attribution Contact: 833-777-6398
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Masonry, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Wood
  • Full Bathrooms: 6
  • Interior Amenities: Ceiling Fans(s), High Ceilings, Primary Bedroom Main Floor, PrimaryBedroom Upstairs, Split Bedroom, Stone Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Microwave, Refrigerator
  • Foundation Details: Block
  • Total Bedrooms: 5
  • Levels: Two
  • Other Equipment: Irrigation Equipment, Generator
  • Spa Features: In Ground
  • Spa Yn: Yes
  • Additional Rooms: Breakfast Room Separate,Den/Library/Office,Interior In-Law Suite w/Private Entry
  • Living Area Meters: 413.98

Exterior Features

  • Direction Faces: North
  • Pool Features: Gunite, In Ground
  • Exterior Features: Balcony, French Doors, Garden, Outdoor Shower
  • Roof: Tile
  • Pool Private: Yes
  • View: Garden, Water
  • Water Body Name: TAMPA BAY - GULF OF AMERICA
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Enclosed, Patio, Porch, Rear Porch
  • Road Surface Type: Asphalt
  • Water Extras: Bridges - No Fixed Bridges,Lift,Riprap
  • Water View: Bay/Harbor - Full,Gulf/Ocean - Full
  • Water View YN: 1
  • Waterfront Feet Total: 240
  • Flood Zone Panel: 12103C0284H
  • Water Frontage Feet Bay Harbor: 120
  • Water Frontage Feet Gulf Ocean: 120

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener

Utilities

  • Utilities: Public
  • Cooling: Mini-Split Unit(s)
  • Heating: Electric
  • Laundry Features: Inside, Upper Level
  • Sewer: Public Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Association: No
  • Security: Security Gate
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Parcel Number: 18-32-17-72414-001-0110
  • Additional Parcels: No
  • Fencing: Fenced
  • Lot Features: Cul-De-Sac, Oversized Lot
  • Flood Zone Code: AE

Rental Info

  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: Consult with the local municipality regarding any lease restrictions.

Tax Info

  • Tax Annual Amount: 15490
  • Tax Block: 1
  • Tax Book Number: 54-17
  • Tax Lot: 11

Multi Family

  • Waterfront Features: Bay/Harbor, Gulf/Ocean

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $15,279 $836,273 -- --
2023 $15,279 $811,916 $0 $0
2022 $14,938 $788,268 $0 $0
2021 $15,195 $765,309 $0 $0
2020 $15,233 $754,743 $0 $0
2019 $14,991 $737,774 $0 $0
2018 $14,805 $724,018 $0 $0
2017 $14,686 $709,126 $0 $0
2016 $14,570 $694,541 $0 $0
2015 $14,771 $689,713 $0 $0
2014 $14,704 $684,239 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/09/2025 11/09/25 For Sale $2,995,000 -- $672 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $500,000 --
Warranty Deed $450,000 --
Source: Public Records

Source: Stellar MLS

MLS Number: TB8446538

Stellar MLS

APN: 18-32-17-72414-001-0110