Map of Property

Investor Opportunity on MLK

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

  • For Sale $330,000
  • 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

Contacts

broker
Jake Wollman

KW Commercial

Location

Getting Around

  • Walk Score ®

    67/100 Somewhat Walkable

  • Transit Score ®

    38/100 Some Transit

  • Bike Score ®

    61/100 Bikeable
Powered by Walk Score ®
  • 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

  • West Employee Parking Garage

    1.00 miles

  • P11B

    1.02 miles

  • East Employee Parking Garage

    1.04 miles

  • P11

    1.05 miles

  • P9

    1.05 miles

  • West Parking Garage

    1.11 miles

  • East Parking Garage

    1.12 miles

  • P19

    1.16 miles

  • CGX

    1.18 miles

  • Family/Visitor Parking Garage

    1.19 miles

  • Staybridge Suites Saint Petersburg Downtown

    1.27 miles

  • Palm Bay Hotel

    1.52 miles

  • Hilton Saint Petersburg Bayfront

    1.59 miles

  • Shirley Ann Hotel

    1.72 miles

  • Alexander Hotel

    1.72 miles

  • Tru by Hilton Saint Petersburg Downtown Central Avenue

    1.75 miles

  • The Princess Martha

    1.81 miles

  • Hyatt Place Saint Petersburg / Downtown

    1.83 miles

  • Ponce de Leon Hotel

    1.86 miles

  • Ascent Saint Petersburg

    1.88 miles

  • The Chattaway

    0.49 miles

  • McDonald's

    0.66 miles

  • Nueva Cantina

    0.68 miles

  • Old Southeast Market

    0.73 miles

  • Fish Tales

    0.89 miles

  • The Library

    1.24 miles

  • The Nest

    1.33 miles

  • Lorene's Fish House

    1.40 miles

  • Domino's

    1.42 miles

  • Chief's Creole Cafe

    1.42 miles

  • Glenoak School

    0.36 miles

  • Southside Fundamental Middle School

    0.47 miles

  • Southside Junior High School

    0.47 miles

  • Lad 'n' Lass School

    0.62 miles

  • Saint Josephs School

    0.92 miles

  • Melrose Elementary School

    1.01 miles

  • University of South Florida - Saint Petersburg

    1.07 miles

  • Lakewood School

    1.15 miles

  • Campbell Park Elementary School

    1.17 miles

  • Perkins Elementary School

    1.17 miles

  • Shining Starz Preschool

    5.17 miles

  • Saint Pete Prep Learning Center

    5.61 miles

  • VPK Center

    7.68 miles

Frequently Asked Questions

How much does Investor Opportunity on MLK cost?

The space currently listed for sale at Investor Opportunity on MLK asks for $330,000.

What is the total square footage of Investor Opportunity on MLK?

Investor Opportunity on MLK totals 3,200 square feet.

When was this property built?

Investor Opportunity on MLK was built in 1956.

Looking for more in-depth information on this property?

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Contact Listing Broker
broker
Jake Wollman

KW Commercial

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