Exceptional development opportunity in Historic Roser Park, one of St. Petersburg’s most distinctive and sought-after neighborhoods. This rare assemblage consists of five contiguous lots totaling approximately 32,500± SF (250’ x 130’) with 250 feet of frontage and located in a desirable X Flood Zone. Positioned just minutes from Downtown St. Petersburg, Bayfront Health, Johns Hopkins All Children’s Hospital, the Innovation District, USF St. Petersburg, and the vibrant Central Avenue corridor, the site offers outstanding accessibility and long-term growth potential. The property is mixed-use capable with development flexibility and potential FAR benefits through residential rental incentives. Opportunities of this scale are increasingly difficult to find within established urban neighborhoods, particularly in Roser Park, a historic enclave of approximately 130 homes known for its character, walkability, and proximity to downtown amenities. Ideal for luxury townhomes, multifamily, mixed-use, workforce housing, or a signature infill development. A separate fully designed 18-unit development concept and supporting due diligence materials may be available to qualified purchasers. Buyer to verify all zoning, density, FAR, land use, development rights, and intended use with the City of St. Petersburg. Rare scale. Exceptional location. Significant development potential.
Lot/land
Price cut: $50K (8/16)
$1,850,000
1118 S DR MARTIN LUTHER KING JR STREET S LOT 1, ST PETERSBURG, FL 33701
--beds
0baths
0.74Acres
Unimproved Land
Built in ----
0.74 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 73 days
- 81
- 2
Zillow last checked:
Listing updated:
Listed by:
Nick Janovsky 813-391-8291,
SERHANT 646-480-7665
Source: Stellar MLS,MLS#: TB8520535
Originating MLS: Suncoast Tampa

Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Video & virtual tour
Property
Lot
- Size: 0.74 Acres
- Dimensions: 250 x 130
- Features: Oversized Lot
Details
- Additional parcels included: yes
- Parcel number: 303117324900000010
- Special conditions: None
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Public
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: GRAHAMS T W SUB
HOA
- Has HOA: No
Location
- Region: Saint Petersburg
Financial & listing details
- Annual tax amount: $4,207
- Date on market: 6/17/2026
- Cumulative days on market: 74 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Total actual rent: 0
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/16/2026 | Price change | $1,850,000-2.6% |
Source: | ||
| 7/25/2026 | Price change | $1,900,000-5% |
Source: | ||
| 6/24/2026 | Price change | $2,000,000-11.1% |
Source: | ||
| 6/17/2026 | Listed for sale | $2,250,000 |
Source: | ||
Public tax history
Tax history is unavailable.







