1940 DR MARTIN LUTHER KING JR STREET S

$700,000

$159/sq ft

$150,000
Price Decreased

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Overview

Year Built

1976

Sqft

4401

Property Type

Business

Property Description

Under contract-accepting backup offers. HUGE PRICE REPOSITION! Take advantage of this unique opportunity to own a corner lot property with endless potential! Formerly McRae’s Funeral Home, this well-established facility has served as a trusted cornerstone in the community, providing hundreds of families with burial services. Now, you can transform this 3,881 sq. ft. property into a multi-family dwelling or bring it back to life as a thriving funeral home. Key Features: • Building Size: 3,881 sq. ft. single-story structure • Flexible Space: Ideal for a funeral home or easily adaptable for multi-family living • Living Quarters: Includes a 2-bedroom, 1-bath unit with a full kitchen, perfect for on-site management • Renovation Potential: Quickly adaptable to modern funeral services, including virtual options for convenience and outreach • Prime Location: Situated on a corner lot with high visibility and easy access Whether you wish to continue the legacy of McRae’s Funeral Home or explore new possibilities for this prime piece of real estate, the potential is limitless

Property Details

MLS#

TB8362671

Total Floor in Bldg

1

Address

1940 DR MARTIN LUTHER KING JR

City

St Petersburg

State/county

FL

Zip/Postal Code

33705

Area

Glenwood Park

Country

United States

HOA

Yes

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$7,036

Maint Fee

$--

Tax Year

2024

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Boris Gelfand