CENTURY 21 Edge
✦ Mixed Use

Commercial Lease · Mixed Use

$40,0142,052 sq ft$20 /sq ft0.28 acres

2301 DR MARTIN LUTHER KING JR STREET S, ST PETERSBURG, FL, 33705

Active30 days on marketListed Sep 21, 2026MLS #TB8550669

About this property

The property at a glance

Prime corner-lot commercial property on Dr. Martin Luther King Jr. St S with approximately 25,000 vehicles per day. The 2,000 SF building can be leased as a whole or divided into two units of 600 SF and 1,400 SF, which suits owner-users and multiple tenants alike. Includes a 2,000 SF fenced yard for storage, equipment, outdoor seating or events, plus 15 on-site parking spaces. Favorable CCT-1 zoning allows retail stores, shops, personal service businesses, professional offices, contractor offices and a variety of other commercial uses. Excellent visibility, signage exposure and easy access. Buyer/tenant to verify zoning, permitted uses and traffic counts. Can be subdivided down to 600sf.

2,052

Building sq ft

$20

Price / sq ft

0.28

Lot acres

1947

Year built

1

Building

Mixed Use

Property type

Building size2,052 sq ft
Lot size0.28 acres
Year built1947
Buildings1
ConstructionOther
CoolingOther
Annual taxes$4,382

The numbers

Investment snapshot

NNN

Lease structure

3 to 5 Years

Lease term

Estimated payment (illustrative)

Down payment25% · $10,004
Interest rate7.50%
Loan term

Estimated payment

$735/mo

Principal & interest$210
Property taxes (actual bill)$365
Est. insurance$160

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 Chad to connect you with a commercial lender for real numbers.

Where it sits

Location & trade area

15,900vehicles / day · 202522 Ave S to 9 Ave S · Traffic count · Florida DOT
5-min drive10-min drive15-min drive

What’s nearby

Doctor Martin Luther King Junior Street South & 24th Avenue Southbus stop0 mi
Doctor Martin Luther King Junior Street South & 22nd Avenue Southbus stop0.1 mi
Doctor Martin Luther King Junior Street South & 22th Avenue Southbus stop0.1 mi
Doctor Martin Luther King Junior Street South & 24th Avenue Southbus stop0.1 mi
Doctor Martin Luther King Junior Street South & 22st Avenue Southbus stop0.1 mi
22nd Avenue South & 9th Street Southbus stop0.1 mi
22nd Avenue South & 11th Street Southbus stop0.2 mi
Doctor Martin Luther King Junior Street South & 20th Avenue Southbus stop0.2 mi
Doctor Martin Luther King Junior Street South & Harbor Drive Westbus stop0.2 mi
22nd Avenue South & 10th Street Southbus stop0.2 mi
Doctor Martin Luther King Junior Street South & 20th Avenue Southbus stop0.2 mi
Doctor Martin Luther King Junior Street South & 26th Avenue Southbus stop0.2 mi
Doctor Martin Luther King Junior Street South & Ivanhoe Way Southbus stop0.3 mi
22nd Avenue South & 13th Street Southbus stop0.3 mi
18th Avenue South & 10th Street Southbus stop0.3 mi
22nd Avenue South & 13th Street Southbus stop0.3 mi
22nd Avenue South & 12th Street Southbus stop0.3 mi
18th Avenue South & 11th Street Southbus stop0.4 mi
Doctor Martin Luther King Junior Street South & 30th Avenue Southbus stop0.4 mi
18th Avenue South & Jewell Street Southbus stop0.4 mi
18th Avenue South & 13th Street Southbus stop0.4 mi
18th Avenue South & 11th Street Southbus stop0.4 mi
Athena Bitcoin ATMBank0.4 mi
Doctor Martin Luther King Junior Street South & 30th Avenue Southbus stop0.4 mi

Business data © OpenStreetMap contributors

The area

Who's around this property

2,498

Population

$76,256

Median income

37

Median age

3

Avg household

$250,350

Median home value

$1,196/mo

Median rent

128

Households w/ kids

Consumer profile

Dog LoversTop 21%

Pups are just another member of the family. Dog lovers adore their tail-wagging friends and are looking for new ways to make them happy.

Natural BeautyTop 23%

This population marvels at the beauty of nature, and they want to capture every breath-taking scene.

My CrewTop 24%

Family, and friends who are like family - that's what this population is all about. These people love celebrating and nurturing their closest relationships.

Lighthearted FunTop 25%

This population is all about keeping the mood light and good, clean fun. Common activities include spending time outdoors, catching up with friends, and dancing.

Spiritual PracticesTop 28%

Making it to church on Sunday, this population is drawn together by their devotion to, primarily Christian, religion. Common activities include worship services and bible studies.

Home & LeisureTop 29%

There's no place like home. This activity is highest when people are feeling relaxed, like sharing a meal with friends or enjoying their morning coffee in their own home.

Recent sales

What actually sold near 2301 DR MARTIN LUTHER KING JR STREET S

The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.

1701 18TH AVENUE S UNIT 1

$18,000

1701 18TH AVENUE S UNIT 1

2,084 sqft · $9/sqft · Sold Oct 20, 2025

1709 18TH AVENUE S UNIT 1

$7,200

1709 18TH AVENUE S UNIT 1

2,084 sqft · $3/sqft · Sold Feb 12, 2026

1709 18TH AVENUE S UNIT 2

$18,000

1709 18TH AVENUE S UNIT 2

2,084 sqft · $9/sqft · Sold Nov 13, 2025

Your team

The pros in your corner

Chad Creech

Your agent

Chad Creech

President, Commercial and Development Services · CENTURY 21 Edge

Tours, offers, and every question about 2301 DR MARTIN LUTHER KING JR STREET S — start here.

Andrew Acosta

Financing contact

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Ask about commercial financing options for 2301 DR MARTIN LUTHER KING JR STREET S.

See it in person

Schedule a tour

Live availability from Chad's calendar — pick a time and it's booked.

Listing courtesy of KOONS REAL ESTATE INC · Kalib Koons. MLS #TB8550669.

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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2301 DR MARTIN LUTHER KING JR STREET S, ST PETERSBURG, FL — $40,014 | CENTURY 21 Edge