5039 DR MARTIN LUTHER KING JR STREET N

$650,000

$338/sq ft

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Overview

Bedroom

3

Bath

3

Year Built

1958

Garage

1

Sqft

1924

Property Type

Single Family Residence

Property Description

This gorgeous home is just south of 54th Ave N on Dr MLK St./9th St N. Updated storm windows on the first floor keep the home running efficiently. Flood Insurance is not required at this elevation. Thoughtful renovations take the interior to the next level of design and convenience. Fresh exterior paint in a classic color scheme. Private outdoor patio area. Enter through the front door into the dinette/breakfast room that is open to a well appointed chef's kitchen. Cooking is world class with the induction cooktop, double wall oven, French door refrigerator-Freezer arranged in a perfect work triangle. The Pantry features organizational design from California Closets and it is outfitted with a sink for easy beverage service. Butcher block kitchen countertops and up to the minute modern cabinetry and hardware adorn the Kitchen. From the front entry to the back of the kitchen is real marble flooring, high quality laminate floors in all other areas. 3 bedrooms and 3 baths. Oversized 1-car garage with EV Charging Station, laundry area, washer and dryer included, and one door to the garage has a pet door. 3rd Full Bath is in the garage. Mini split AC in the Garage. Each room in the house has been renovated to give you the feeling of being enveloped in brand new high end surroundings. This thoughtfully curated home is presently leased through August 2026, with rental income exceeding the monthly mortgage payment. Buyers can benefit from positive cash flow while waiting to move in or may continue leasing as an income-producing property.

Property Details

MLS#

TB8446580

Garage

1

Address

5039 DR MARTIN LUTHER KING JR

City

St Petersburg

State/county

FL

Zip/Postal Code

33703

Area

Arcadia Annex

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$2,478

Maint Fee

$--

Tax Year

2024

Built-In Oven

Cooktop

Dishwasher

Disposal

Dryer

Microwave

Refrigerator

Washer

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Boris Gelfand