Sold for $312,500

$312,500

2000 DR MARTIN LUTHER KING JR STREET S, ST PETERSBURG, FL 33705

6beds

3baths

2,260sqft

Triplex, Multi Family

Built in 1959

-- sqft lot

$409,800 Zestimate^®

$138/sqft

$2,406 Estimated rent

Home value

$409,800

$332,000 - $492,000

$2,406/mo

Zestimate^® history

Owner options

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$2,406/mo

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$2,406/mo

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$2,167/mo

Est. payment

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$2,167/mo

Est. payment

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What's special

Incredible investment opportunity! Being offered for TWO MORE WEEKS ONLY or the sellers will move forward with the project themselves. Value-add triplex located in an Opportunity Zone and a HUB zone with CRT-1 zoning and NTM-1 overlay meaning tons of use options and increased density along with amazing tax efficiencies. All three units are 2BR/1BA units. Additionally. the property is BLOCK construction, NON-flood zone, and comes with a 2 car garage. The remodel is already in progress with STAMPED plans! Remodel cost of $244,700 with a general contractor ready to start right away. Current affordable rent for 2BR units in 33705 is $2,343/month, meaning this property could generate around $85,000 in income per year and almost half of the remodel cost would be covered through the grant program. Call today and seize one of the most lucrative multifamily opportunities!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 3

Heating

None

Cooling

None

Appliances

Laundry: None

Features

None
Has fireplace: No

Interior area

Total structure area: 3,058
Total interior livable area: 2,260 sqft

Property

Parking

Total spaces: 2
Parking features: Garage - Attached
Attached garage spaces: 2

Features

Levels: Two
Stories: 2
Exterior features: Lighting, Storage

Lot

Size: 4,691 Square Feet
Dimensions: 43 x 110

Details

Parcel number: 303117409950000010
Special conditions: None

Construction

Type & style

Home type: MultiFamily
Property subtype: Triplex, Multi Family

Materials

Block
Foundation: Slab
Roof: Shingle

Condition

New construction: No
Year built: 1959

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Connected, Electricity Connected, Sewer Connected, Water Connected

Community & HOA

Community

Pet fee: $0 monthly
Subdivision: HOMEVILLE 2 ADD

HOA

Has HOA: No

Location

Region: Saint Petersburg

Financial & listing details

Price per square foot: $138/sqft
Tax assessed value: $224,324
Annual tax amount: $3,235
Date on market: 8/16/2025
Cumulative days on market: 44 days
Ownership: Fee Simple
Lease term: 12 Months
Total actual rent: 6900
Electric utility on property: Yes
Road surface type: Asphalt

Price history

Date	Event	Price
10/14/2025	Sold	$312,500-10.7%$138/sqft
Source: Stellar MLS #TB8418335 Report a problem
9/29/2025	Pending sale	$350,000$155/sqft
Source: Stellar MLS #TB8418335 Report a problem
9/22/2025	Price change	$350,000-12.5%$155/sqft
Source: Stellar MLS #TB8418335 Report a problem
8/16/2025	Listed for sale	$400,000+70.2%$177/sqft
Source: Stellar MLS #TB8418335 Report a problem
5/31/2023	Sold	$235,000+80.8%$104/sqft
Source: Public Record Report a problem
6/15/2004	Sold	$130,000+39.8%$58/sqft
Source: Public Record Report a problem
9/17/1999	Sold	$93,000+210%$41/sqft
Source: Public Record Report a problem
6/8/1998	Sold	$30,000+74.4%$13/sqft
Source: Public Record Report a problem
6/2/1993	Sold	$17,200$8/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,897 +20.4%	$182,366 +10%
2024	$3,235 +8.3%	$165,787 +26.8%
2023	$2,987 +9.9%	$130,776 +10%
2022	$2,719 +12.2%	$118,887 +10%
2021	$2,422 +9.1%	$108,079 +10%
2020	$2,220 +9.4%	$98,254 +10%
2019	$2,029	$89,322 -22.9%
2018	$2,029 +1.6%	$115,903 +9.3%
2017	$1,997 +18.3%	$106,014 +13.9%
2016	$1,688 +8.9%	$93,080 +14.1%
2015	$1,550 +10%	$81,547 +11.2%
2014	$1,409 +14.6%	$73,345 +25.7%
2013	$1,229 +15%	$58,353 +24.1%
2012	$1,068	$47,005 +12.8%
2011	--	$41,669 -41.5%
2010	--	$71,229 -0.2%
2009	--	$71,350 -49.8%
2008	$3,062	$142,100 +7.2%
2007	--	$132,500 +15.8%
2005	--	$114,400 +6%
2004	$2,623 +10.3%	$107,900 +10.8%
2003	$2,379 +38.4%	$97,400 +29.3%
2002	$1,719	$75,300 +8.3%
2001	$1,719 +8.1%	$69,500 +8.3%
2000	$1,591	$64,200