1700 Dr Martin Luther King Jr Street, FL
Stellar MLS

$2,400,000

1700 Dr Martin Luther King Jr Street

St Petersburg, FL 33704

Listing updated: March 3, 2026 at 12:03 PM ET

Active
0
Baths
5,784
Sq Ft
0.49
Acres
1986
Built
$388/sqft360° tour
Office

Property type

1986

Year built

21,275 sqft

Lot size

$388

Price / sq ft

No HOA

HOA dues

136

Days on market

x

Flood zone

About this home

Welcome to 1700 Dr. Martin Luther King Jr Street North, a rare opportunity to acquire a turnkey medical and wellness facility in one of St. Petersburg’s most sought-after corridors. Just minutes from downtown, this nearly 6,000-square-foot concrete block building sits on a large 21,275-square-foot lot with prominent street frontage and ample parking. The property offers exceptional flexibility with a layout that includes 14 private offices or treatment rooms, five bathrooms, a full kitchen, a separate kitchenette, and a spacious reception area. The building is thoughtfully configured and could easily be divided into two independent suites, making it suitable for a variety of professional uses. That said, this space is ideally positioned for someone in the healthcare, chiropractic, physical therapy, or Pilates world—especially given the extensive, high-end equipment being included in the sale. Over $460,000 worth of professionally appraised medical and wellness equipment is included, making this a truly plug-and-play opportunity. Among the featured items are DRX 9000 spinal decompression systems, a TheraLight 360 red light bed, Cryo Science chamber, Aspen Class IV cold laser, Clearlight sauna, Neubie E-Stim unit, PiezoWave shockwave system, and an immaculate Pilates studio outfitted with Reformers, Cadillacs, Chairs, and more. The space has been meticulously maintained and offers everything needed to launch or expand an integrative health practice under one roof. Located in a high-traffic area with a Walk Score of 88, the site benefits from excellent visibility and a natural flow of daily exposure—providing built-in passive marketing to help grow your brand. St. Pete is known for its health-conscious community, and this facility is perfectly aligned to meet the growing demand for holistic, rehabilitative, and performance-based treatments. While the preference is to sell the building and equipment together to a buyer who can utilize the full potential of the space, the seller is open to separating the real estate and equipment if needed. This is a rare chance to own a professionally outfitted health center in a booming area ready for its next chapter.

Estimated monthly payment

Principal & interest$12,136
Property taxes$1,553
Home insurance (est.)$1,100

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history136 days on market

  1. Status: Active
    Mar 3, 2026
  2. Listed$2,400,000
    May 3, 2025
  3. Price increased$2,400,000

Facts & features

Property type
Commercial Sale
Sub type
Office
Status
Active
Days on market
136
Subdivision
Lambrechts Rep
County
Pinellas
Year built
1986
Living area
5,784 sq ft
Price/sq ft
$388
Building area
6,189 sq ft (Public Records)
Lot size
21,275 sq ft
Lot category
1/4 to less than 1/2
Flood zone
x (12103C0217H)
Annual taxes
$18,637 (2024)
Parcel #
13-31-16-49807-001-0010
MLS #
TB8379976

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Interior Details

Appliances
Dishwasher, Dryer, Microwave, Refrigerator, Washer
Direction faces
South

Heating & Cooling

Heating
Central
Cooling
Central Air

Parking

Parking features
Parking Spaces - 19 to 30

HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0
Listing terms
Cash, Conventional, Owner Financing
Ownership
Sole Proprietor

Exterior & Construction

Construction materials
Block, Brick
Roof
Shingle
Foundation
Slab
Road surface
Paved

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
BB/HS Internet Capable, Electricity Available, Phone Available, Public, Water Connected

Listing Details

Listing date
2025-05-03
On market date
2025-05-03
Original list price
$2,400,000
MLS area
33704 - St Pete/Euclid
Listing AOR
Orlando Regional
Status changed
2026-03-03
Tax legal description
LAMBRECHT'S REPLAT BLK I, LOT 1

Flood risk

Minimal riskFEMA Zone XPanel 12103C0217H

Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

From I-275 South, take Exit 24 for 22nd Avenue North, turn left onto 22nd Avenue, then right onto Dr. Martin Luther King Jr Street North; the property is about half a mile down on the right.

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MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is provided exclusively 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.

Based on information submitted to the MLS GRID as of March 3, 2026 at 12:03 PM ET. 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.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA