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Off market
  • $5,751,500

    7171 Dr Martin Luther King Jr St S, Saint Petersburg, FL 33705

    6beds
    5,943sqft
    SingleFamily
    Built in 1956
    2.74 Acres Lot
    $5,751,500 Zestimate®
    $968/sqft
    $4,558 Estimated rent

    Home value

    $5,751,500

    $4.66M - $7.13M

    $4,558/mo

    Zestimate® history
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    $4,558/mo

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    $39,499/mo

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    $39,499/mo

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    What's special

    An extraordinary opportunity like this only comes around once in a lifetime. Offered for the first time in over 40 years, this magnificent 2.7 (MOL) acre waterfront estate on Pinellas Point in St.Petersburg, offers perhaps the most unparalleled opportunity for spectacular waterfront living in all of Tampa Bay. With over 200' of open water frontage, & direct access to the Gulf of Mexico, this private enclave rests on the southernmost tip of Pinellas County, & provides breathtaking panoramic views of the Sunshine Skyway Bridge. Surrounded by expansive peaceful, private gardens, this gracious home offers 6 bedrooms, 9 bathrooms, library, guest quarters, expansive custom bricked pool area, tennis court, 3-car garage, & features too numerous to list. Presently the home is a statement of grand & gracious elegance. The possibilities are endless for building a custom dream home or family compound on the grounds that could offer uncompromising privacy and waterfront extravagance. The property also presents incredible potential for a developer to subdivide the grounds into multiple estate-size home sites, and a potential site plan is available for review. Rarely does a property such as this become available. Within minutes of the best that St. Petersburg has to offer....vibrant downtown museums, restaurants & nightlife, glorious St. Petersburg beaches, quick access to Tampa International Airport & just a short drive to beautiful Sarasota/Bradenton. Don't miss this incredibly special opportunity.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 9
    • Full bathrooms: 9
    Heating
    • Other, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Range / Oven, Refrigerator, Washer
    Features
    • Washer/Dryer Hookup, Crown Molding, Built in Features
    • Flooring: Carpet, Linoleum / Vinyl
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 5,943 sqft

    Property

    Parking
    • Parking features: Garage - Detached
    Features
    • Exterior features: Stucco
    • Has spa: Yes
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 2.74 Acres
    Details
    • Parcel number: 133216724240010010

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    Materials
    • masonry
    • Foundation: Footing
    • Roof: Tile
    Condition
    • Year built: 1956

    Utilities & green energy

    • Utilities for property: City Water

    Community & HOA

    Location
    • Region: Saint Petersburg

    Financial & listing details

    • Price per square foot: $968/sqft
    • Tax assessed value: $5,443,200
    • Annual tax amount: $94,838
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    9/5/2017Sold$2,422,500-19.2%$408/sqft
    Source: Public Record Report a problem
    2/20/2017Price change$2,998,000-6.3%$504/sqft
    Source: STRICKLAND PROPERTY GROUP #U7802078 Report a problem
    12/23/2016Listed for sale$3,200,000$538/sqft
    Source: STRICKLAND PROPERTY GROUP #U7802078 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$94,838 +5.1%$4,803,634 +2.9%
    2024$90,274 +1.2%$4,668,255 +3%
    2023$89,161 +2.1%$4,532,286 +3%
    2022$87,294 +277%$4,400,278 +304.3%
    2021$23,153 +9.4%$1,088,236 +10%
    2020$21,158 -2.8%$989,305 -2%
    2019$21,759 $1,009,371 -15.8%
    2018$21,759 -16.4%$1,199,136 +40.1%
    2017$26,040 +46.4%$856,195 +2.1%
    2016$17,785 -1.4%$838,585 +0.7%
    2015$18,031 +0.4%$832,756 +0.8%
    2014$17,950 +0.5%$826,147 +1.5%
    2013$17,856 +1.8%$813,938 +1.7%
    2012$17,539 $800,332 +3%
    2011-- $777,021 +1.5%
    2010-- $765,538 +2.7%
    2009-- $745,412 +0.1%
    2008$15,168 $744,667 +3%
    2007-- $722,978 -36%
    2005-- $1,128,900 +5.9%
    2004$15,554 +1.5%$1,066,100 +42.1%
    2003$15,325 +5.9%$750,400 -5.1%
    2002$14,467 $790,900 +12%
    2001$14,467 +2.9%$706,000 +19.2%
    2000$14,056 $592,200
    Find assessor info on the county website

    Neighborhood: Greater Pinellas Point

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Lakewood Elementary-PN
    • Middle: Bay Point Middle-PN
    • High: Lakewood High-PN

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $5,751,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $5,751,500