Investor Opportunity on MLK

Investor Opportunity on MLK

For Sale

2320 Doctor Martin Luther King Junior Street South, St. Petersburg, FL 33705

This St. Petersburg property for sale is located at 2320 Doctor Martin Luther King Junior Street South. The general use of Investor Opportunity on MLK is office and it incorporates 3,200 square feet of class C office space. The current listed sale price for Investor Opportunity on MLK is $330,000.

Contacts

broker
Jake Wollman

KW Commercial

Property Details

  • Property Type Office - General Office
  • Property Size 3,200 SF
  • Building Class C
  • Year Built 1956
  • Date Updated Jun 4, 2025
Situated just 1½ miles south of Central Avenue, the site enjoys high visibility on a busy thoroughfare. A bus stop at the corner and planned streetscape improvements make access effortless for both customers and tenants. Growth & Appreciation: The MLK corridor is one of St. Pete’s most active redevelopment zones, with recent mixed-use projects and infill developments driving property values higher. Investors are flocking here for its strong demographics—young professionals, creative startups, and local entrepreneurs—all seeking modern, affordable space. Value-Add Canvas: While the existing build is dated, the solid block and stucco structure provides a blank-slate interior ready for renovation. Whether you envision a boutique coworking hub, a wellness studio with ground-floor retail, or a tech office with loft-style finishes, the foundational elements are in place. Why 2320 MLK St S? This offering allows you to shape the next chapter of a transforming neighborhood—securing a sizeable footprint at well below replacement cost and riding the wave of St. Pete’s ongoing renaissance. With the right vision and capital improvements, you can unlock significant upside and deliver a modern asset to the market.Discover a rare value-add opportunity in St. Petersburg’s rapidly evolving southside: a 3,200 SF blank canvas at 2320 MLK St S. Currently in need of a full facelift, this property is perfectly positioned to capitalize on the area’s robust redevelopment momentum.
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Highlights

  • 3,200 SF commercial building
  • Below-replacement-cost pricing with significant upside potential as the neighborhood revitalizes
  • Bus stop at property corner and planned streetscape upgrades for improved access
  • Excellent visibility on MLK St S, just 1.5 miles south of Central Avenue
  • Ideal for flex office, studio/gallery, boutique retail, or mixed-use live/work conversion
  • Located in a high-growth corridor attracting creative businesses and infill developments
  • Value-add opportunity: solid block/stucco shell ready for renovation and modernization
  • Zoned CCT-1 Corridor Commercial Traditional—permits retail, office, medical, assembly, and potential upper-story residential

Getting around

  • 67/100

    Walk Score ®

  • 38/100

    Transit Score ®

  • 61/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City St. Petersburg, FL
  • Neighborhood Harbordale
  • Zip Code 33705
  • Market Tampa St Petersburg Clearwater

Points of Interest

  • Citgo

    0.38 miles

  • Sun City Pure

    0.74 miles

  • Pure

    1.09 miles

  • J1772 Charger

    1.35 miles

  • Sunoco

    1.77 miles

  • Nova Charge

    1.85 miles

  • Shell

    2.04 miles

  • Chevron

    2.06 miles

  • Stop N' Shop Citgo

    2.29 miles

  • Tiger Mart

    2.44 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Jake Wollman

KW Commercial

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