2 months on rocket

540 Dr Martin Luther King Jr S, Saint Petersburg, FL, 33701

$780,000

Home List Price

$9,263*

Closing Credit

2 Bedrooms
2 Full Baths, 1 Partial
1,857 SqFt
$420/SqFt
Townhouse
Schools Nearby

Location

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540 Dr Martin Luther King Jr S, Saint Petersburg$780,000

Buyer Closing Credits

$9,263*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
Attached Garage1 space
Year BuiltNew Const., 2024
HeatingCentral, Electric
CoolingCentral Air
MLS #U8230412
StatusActive

About 540 Dr Martin Luther King Jr S

Under Construction. Welcome to Innovation Townhomes, a gated community located in the Innovation District WITHIN BLOCKS of the new Tropicana Field redevelopment. This unit is currently under construction with completion set for Q2 of 2024. Block Construction all the way up including your neighboring walls! Innovation Townhomes is located just minutes from Tropicana Field, Downtown St. Pete, Grand Central, the Edge District, Warehouse Arts District and the Pinellas Trail, this location gives homeowners easy access to dining, shopping, museums, beaches, the new pier, hospitals, the marinas and so much more. The Franklin floorplan features an open floor plan, 4-story, 2 bedroom, 2.5 bath, with a den that can be used for a flex room or office, 1 car garage and private rooftop terraces. The Franklin kitchen features flat panel, soft-close cabinets, upgraded backsplash, gas range and hood, wine fridge and beautiful 3cm quartz countertops. Head up stairs for an additional loft sitting area (that can be used as an office or flex space), primary bedroom and laundry room. The primary suite bathroom features dual vanities a large frameless shower with floor to ceiling tile in the shower. On your 4th level, you will find your private rooftop terrace that includes an enclosed wet bar and outdoor stand alone gas grill. All units include luxury vinyl plank flooring including the bedrooms, impact windows/doors, a dedicated 240V 15 AMP outlet for a car charger, and all are pre-plumbed for a water softener system. The 26 unit community is located in Flood Zone X and are fee simple with a low HOA. Pricing, Appliances and Selections for this home may be subject to change. Photos are of community. Buyer to verify all information. This unit has the Contemporary package. Building A will have fenced in front yards!

Property Details

Property Features

Property Information:

  • Year Built: 2024
  • Living Area: 1,857 SqFt

Listing Office:

  • Office Name: DOUGLAS ELLIMAN
  • Office Phone: (727) 698-5708
  • Listing Agent: Nicoleta Forbes

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Range Hood, Wine Cooler
  • Flooring Type: Luxury Vinyl, Tile
  • Interior: Ceiling Fans(s), High Ceilings, Open Floorplan, Solid Surface Counters, Wet Bar

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Irrigation System, Lighting, Outdoor Grill, Sidewalk

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes

Virtual/3D Tour

  • Virtual Tour: 540 Dr Martin Luther King Jr S

Virtual Tour

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • St. Petersburg High School, Public Magnet Grades 9-12
  • John Hopkins Middle School, Public Magnet Grades 6-8
  • North Shore Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: From Central head South on MLK. Turn left on 6th Ave S. Community will be on the left side.

Price Information

Listing Price Info

Price Summary:

  • List Price: $780,000
  • Price Per SqFt: $420/SqFt

HOA Fees:

  • Amount: $257
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Saint Petersburg, FL.

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Saint Petersburg, FL

City

Med. Sold Price

$434.8K

Med. Price/SqFt

$340

Avg. Days On Market

49

# of Sold Homes

444

540 Dr Martin Luther King Jr S vs Saint Petersburg

78 DAYS ON ROCKET

+29 Days

$780,000

+$345.1K More

$420/SqFt

+$79 More

KEY TAKEAWAY

This property is $345.1K more than the Median Sold Price and $79/SqFt more than other homes in Saint Petersburg, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #U8230412

Listing Office:

  • Office Name: DOUGLAS ELLIMAN
  • Office Phone: (727) 698-5708
  • Listing Agent: Nicoleta Forbes

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 4/27/2024, 11:49:14 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$4,217

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,405

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1878073
4
/10

  • North Shore Elementary School

  • 200 35th Ave NE

  • 1.94 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1878074
3
/10

  • John Hopkins Middle School

  • 701 16th St S

  • 1.22 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-1878075
5
/10

  • St. Petersburg High School

  • 2501 5th Ave N

  • 1.34 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $28,333. The most common annual income of people living in Saint Petersburg, FL is less than $35k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 540 Dr Martin Luther King Jr S

What is the listing price of this property?

The listing price of 540 Dr Martin Luther King Jr S property is $780,000.

What type of property is this?

The property 540 Dr Martin Luther King Jr S is a townhouse located in Saint Petersburg, Florida, 33701.

Is this property for sale now?

Active Listing: 540 Dr Martin Luther King Jr S is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 540 Dr Martin Luther King Jr S are:
North Shore Elementary School: GreatSchools Rating 4/10
John Hopkins Middle School: GreatSchools Rating 3/10
St. Petersburg High School: GreatSchools Rating 5/10

How many bedrooms and bathrooms does this property have?

The property at 540 Dr Martin Luther King Jr S has 2 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 540 Dr Martin Luther King Jr S is 1,857 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 540 Dr Martin Luther King Jr S is 2024.

Rocket Homes›Florida›Pinellas County›Saint Petersburg›33701›540 Dr Martin Luther King Jr S

This home is located at 540 Dr Martin Luther King Jr S in Saint Petersburg, FL and zip code 33701 in the Historic Uptown neighborhood. This 1,857 square foot home was built in 2024. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 09, 2024 and is currently priced at $780,000.

In March 2024, from all listings sold in Saint Petersburg, FL there were more than 51 sold above asking price, over 323 sold below and more than 70 were sold right at the asked price. In March 2024 in Saint Petersburg, FL there were 5.6% more homes for sale than in February 2024. Listings spent 49 days on the market in March 2024, and had a median list price of $434,817 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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