Exceptional investment opportunity in the highly desirable Crescent Lake area of St. Petersburg. This beautifully renovated duplex features two spacious 2-bedroom, 1-bath units and a detached 3-car garage, offering flexibility for investors, owner-occupants, or future redevelopment potential. The property underwent an extensive renovation in 2022, including a new roof, HVAC, gas water heaters, electrical and plumbing updates. Both kitchens feature updated cabinetry and appliances, while the bathrooms combine modern updates with preserved historic character. Abundant windows provide natural light throughout, and both units feature large front porches. The backyard offers a shared laundry area, covered outdoor space attached to the garage, and plenty of room for entertaining. Current rents total $5,300/month. Both tenants are scheduled to vacate in October 2026, giving the next owner flexibility to establish new market rents, occupy a unit, or reposition the property. Conveniently located near Crescent Lake, downtown St. Petersburg, dining, shopping and entertainment.

Listings courtesy of StellarMLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of September 16, 2026 1:39 PM UTC. 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 information is provided exclusively for consumers’ personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.

Name

Your Email Address

Phone

Message Send me the deed for 1423 Dr Martin Luther King Jr Street N St Petersburg FL 33704 (ID#:TB8549153)

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Name

Your Email Address

Phone

Message Send me the survey or tax map for 1423 Dr Martin Luther King Jr Street N St Petersburg FL 33704 (ID#:TB8549153)

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Name

Your Email Address

Phone

Message I would like more information for 1423 Dr Martin Luther King Jr Street N St Petersburg FL 33704 (ID#:TB8549153)

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Listing Tools

Location

Karin Watt

Work with Megan Kendrick

To schedule a showing or learn more information about this listing, please call or send a message.

Hi there! How can we help you?

Listing Tools

$/month over payments

Location

Hi there! How can we help you?

Hi there! How can we help you?

Hi there! How can we help you?