Commercial Sale · Office
1700 DR MARTIN LUTHER KING JR STREET N UNIT A, ST PETERSBURG, FL, 33704
Active475 days on marketListed May 3, 2025MLS #TB8379976
About this property
The property at a glance
Welcome to 1700 Dr. Martin Luther King Jr Street North, a rare opportunity to acquire a turnkey medical and wellness facility in one of St. Petersburg’s most sought-after corridors. Just minutes from downtown, this nearly 6,000-square-foot concrete block building sits on a large 21,275-square-foot lot with prominent street frontage and ample parking. The property offers exceptional flexibility with a layout that includes 14 private offices or treatment rooms, five bathrooms, a full kitchen, a separate kitchenette, and a spacious reception area. The building is thoughtfully configured and could easily be divided into two independent suites, making it suitable for a variety of professional uses. That said, this space is ideally positioned for someone in the healthcare, chiropractic, physical therapy, or Pilates world—especially given the extensive, high-end equipment being included in the sale. Over $460,000 worth of professionally appraised medical and wellness equipment is included, making this a truly plug-and-play opportunity. Among the featured items are DRX 9000 spinal decompression systems, a TheraLight 360 red light bed, Cryo Science chamber, Aspen Class IV cold laser, Clearlight sauna, Neubie E-Stim unit, PiezoWave shockwave system, and an immaculate Pilates studio outfitted with Reformers, Cadillacs, Chairs, and more. The space has been meticulously maintained and offers everything needed to launch or expand an integrative health practice under one roof. Located in a high-traffic area with a Walk Score of 88, the site benefits from excellent visibility and a natural flow of daily exposure—providing built-in passive marketing to help grow your brand. St. Pete is known for its health-conscious community, and this facility is perfectly aligned to meet the growing demand for holistic, rehabilitative, and performance-based treatments. While the preference is to sell the building and equipment together to a buyer who can utilize the full potential of the space, the seller is open to separating the real estate and equipment if needed. This is a rare chance to own a professionally outfitted health center in a booming area ready for its next chapter.
6,189
Building sq ft
$388
Price / sq ft
0.49
Lot acres
1986
Year built
1
Building
Office
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$12,505/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Bridget to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
2,590
Population
$92,819
Median income
42
Median age
2
Avg household
$426,967
Median home value
$1,270/mo
Median rent
151
Households w/ kids
Consumer profile
Passionate about animal welfare, this population wants to know how best to care for their own pets (with toys and training) and help other animals find their fur-ever home.
Whether it's the stress of wedding planning or looking back on that special day, this population has their eyes and hearts focused on lifelong commitment.
Motherhood is a unique journey for every woman. There are highs, lows,and lots to celebrate. These moms seek to share their experiences and engage with a community of moms.
These people are hunting discounts, contests, and promotions. The population loves a good sale, and they can't wait to share their bargain finds and winnings with friends and family.
Thirst isn't the only reason this population looks for a good brew. From beer drinkers on a budget to the millennial craft beer enthusiast, these men and women are passionate about different kinds of beer and how it's made.
This population follows the music. From local bands to current acts at the local venue, you can find these people researching band tours and how to get backstage passes.
Recent sales
What actually sold near 1700 DR MARTIN LUTHER KING JR STREET N UNIT A
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$700,000
2901 58TH AVENUE N
4,152 sqft · $169/sqft · Sold Aug 11, 2026
$1,800,000
4021 CENTRAL AVENUE
4,000 sqft · $450/sqft · Sold Mar 8, 2025
$700,000
6017 DR MARTIN LUTHER KING JR STREET N
3,137 sqft · $223/sqft · Sold Sep 1, 2024
Your team
The pros in your corner
Your agent
Bridget McLennon
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 1700 DR MARTIN LUTHER KING JR STREET N UNIT A — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 1700 DR MARTIN LUTHER KING JR STREET N UNIT A.
See it in person
Schedule a tour
Live availability from Bridget's calendar — pick a time and it's booked.
Keep looking
Similar properties nearby
Listing courtesy of LPT REALTY, LLC · Robert Mitchell II. MLS #TB8379976.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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