7240 Doctor Martin Luther King Junior St S St. Petersburg, FL 33705
Greater Pinellas Point NeighborhoodEstimated payment $17,045/month
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
NEXTHOME SOUTH POINTE Brokerage Phone: 833-777-6398 License #3294574 Listed on: 11/09/2025
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
- Visit Down Payment Resource Website
- Legal Lot and Block 11 / 1
- Assessor Parcel Number 18-32-17-72414-001-0110
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $500,000 | -- | |
| Warranty Deed | $450,000 | -- |
Source: Stellar MLS
MLS Number: TB8446538
APN: 18-32-17-72414-001-0110
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