Address
7240 Dr Martin Luther King Jr Street S, ST PETERSBURG, FL
Price
$ 2,649,000
Property Attributes
- MLS#TB8446538
- TypeSingle Family
- Listing Status Pending
- CountyPinellas
- CityST PETERSBURG
- AreaSt Pete
- NeighborhoodPOINT PINELLAS REP
- Zip33705
- StyleMediterranean
- Year Built1925
- Taxes$ 15490
- Price$ 2,649,000
- Bedrooms5
- Full Bathrooms6
- Half Bathrooms0
- Sqr Footage4456
- Lot Size0.58 Acres
Data Source:
Stellar MLS
Property Description
There are homes… and then there are landmarks. And here, in the timeless beauty of St. Petersburg’s treasured Pinellas Point, stands one of the most captivating waterfront estates on Tampa Bay. Built in 1925, this grand Spanish-Style estate is one of the originals - an enduring piece of our city’s history that has been thoughtfully preserved and masterfully updated for today’s modern coastal lifestyle. Inside, more than 4,400 square feet of refined living space unfolds with grace and purpose. Five bedrooms, six full baths, a formal library, and a stately wood-burning fireplace create an atmosphere of warmth, elegance, and architectural authenticity. The home has been beautifully refreshed with new flooring, interior paint, updated windows and doors, and efficient ductless HVAC systems throughout. Modern convenience meets timeless craftsmanship. Step outside and the world opens up - lush tropical gardens, a sparkling swimming pool, and unbelievable, unobstructed views of Tampa Bay and the iconic Sunshine Skyway Bridge. A custom dock and deck with boat cradle lift extend gracefully into the bay, inviting sunset cruises and early-morning adventures. The property spans over half an acre of gated privacy with custom fencing, an electronic entry gate, an irrigation system on reclaimed water, and a detached three-car garage. This is more than a home - it is a legacy. A rare waterfront estate where history, architecture, and natural beauty converge to tell one magnificent story… and where the next chapter begins.
| Price History | |
|---|---|
| 12/19/2025 | Listed $2,995,000 |
| 4/14/2026 | 8$2,750,000 |
| 6/3/2026 | 4$2,649,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Electric |
| Cooling | Mini-Split Unit(s) |
| Utilities | Public |
| Possession | Close Of Escrow |
| Roof | Tile |
| Appliances | Built-In Oven,Cooktop,Dishwasher,Disposal,Microwave,Refrigerator |
| Garage Spaces | 3 |
| Patio/Porch Features | Covered,Enclosed,Patio,Porch,Rear Porch |
| Architectural Style | Mediterranean |
| Pool Features | Gunite,In Ground |
| Security Features | Security Gate |
| Construction Materials | Block,Concrete |
| Year Built | 1925 |
| View | Garden,Water |
| Levels | Two |
| Property Subtype | Single Family Residence |
| Tax Year | 2024 |
| Ownership | Fee Simple |
| Waterfront Features | Bay/Harbor,Gulf/Ocean |
| County | Pinellas |
| New Construction | false |
| Property Type | Residential |
| Attached Garage | true |
| Subdivision Name | POINT PINELLAS REP |
| Facing Direction | North |
| Garage Y/N | true |
| Total Rooms | 11 |
| Full Baths | 6 |
| Status | Pending |
| Directions | From Pinellas Point Dr S, drive South on Dr MLK Jr St S. The home is at the end of the cul de sac. |
| City | ST PETERSBURG |
| Body of Water | TAMPA BAY - GULF OF AMERICA |
| Senior Community Y/N | false |
| MLS Area | 33705 - St Pete |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 25300 |
| Carport Y/N | false |
| Listing Terms | Cash,Conventional |
| Spa Features | In Ground |
| Land Lease Y/N | false |
| Tax Annual Amount | 15490 |
| Additional Parcels Y/N | false |
| Lease Considered Y/N | true |
| Virtual Tour | https://MoveToPinellasPoint.com |
| Building Area Units | Square Feet |
| Living Area Units | Square Feet |
| Standard Status | Pending |
| Occupancy Type | Owner |
| Tax Lot | 11 |
| Legal Description | POINT PINELLAS REPLAT BLK 1, LOT 11 LESS E 5FT |
| Water View | Bay/Harbor - Full,Gulf/Ocean - Full |
| Minimum Lease | No Minimum |
| Water Access Y/N | false |
| Additional Rooms | Breakfast Room Separate,Den/Library/Office,Interior In-Law Suite w/Private Entry |
| ILS Under Air SQFT | 352 |
| Water View Y/N | true |
| Flood Zone Code | AE |
| In Law Suite YN | true |
| In Law Suite Description | 1 Bathroom,1 Bedroom,Private Entrance |
| DockY/N | true |
Interior Features
| Interior Amenities | Ceiling Fan(s),High Ceilings,Primary Bedroom Main Floor,PrimaryBedroom Upstairs,Split Bedroom,Stone Counters,Walk-In Closet(s),Window Treatments |
|---|---|
| Flooring | Hardwood |
| Fireplace Features | Masonry,Wood Burning |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Fireplace Y/N | true |
| Laundry Features | Inside,Upper Level |
| Total Bedrooms | 5 |
| LivingAreaSource | Public Records |
| Total Baths | 6 |
Exterior Features
| Exterior Amenities | Balcony,French Doors,Garden,Irrigation System,Outdoor Shower |
|---|---|
| Vegetation | Bamboo,Mature Landscaping,Trees/Landscaped |
| Fencing | Fenced |
| Parking Features | Garage Door Opener |
| Lot Features | Cul-De-Sac,Oversized Lot |
| Water Source | Private |
| Lot Size Area | 25300 |
| Foundation Details | Block |
| Spa | true |
| Building Area Total | 5467 |
| Lot Size Acres | 0.58 |
| Road Surface Type | Asphalt |
| Private Pool | true |
| Waterfront Y/N | true |
| Covered Spaces | 3 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 33705
Price
Taxes
Year Built
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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.
Updated on September 13, 2026 2:01 PM UTC
