7240 Dr Martin Luther King Jr Street S, St Petersburg, FL, 33705For Sale
$2,995,000
5beds6.00baths4456sqft

7240 Dr Martin Luther King Jr Street S, St Petersburg, FL, 33705

MLS#: TB8446538
Single Family Residence
Built in 1925
0.5800 acre lot
$672/sqft
74 days on market
$15,490/yr tax

What's special

There are homes… and then there are landmarks. And here, in the timeless beauty of St. Petersburg’s treasured Pinellas Point, stands one of the most captivating waterfront estates on Tampa Bay. Built in 1925, this grand Spanish-Style estate is one of the originals - an enduring piece of our city’s history that has been thoughtfully preserved and masterfully updated for today’s modern coastal lifestyle. Inside, more than 4,400 square feet of refined living space unfolds with grace and purpose. Five bedrooms, six full baths, a formal library, and a stately wood-burning fireplace create an atmosphere of warmth, elegance, and architectural authenticity. The home has been beautifully refreshed with new flooring, interior paint, updated windows and doors, and efficient ductless HVAC systems throughout. Modern convenience meets timeless craftsmanship. Step outside and the world opens up - lush tropical gardens, a sparkling swimming pool, and unbelievable, unobstructed views of Tampa Bay and the iconic Sunshine Skyway Bridge. A custom dock and deck with boat cradle lift extend gracefully into the bay, inviting sunset cruises and early-morning adventures. The property spans over half an acre of gated privacy with custom fencing, an electronic entry gate, an irrigation system on reclaimed water, and a detached three-car garage. This is more than a home - it is a legacy. A rare waterfront estate where history, architecture, and natural beauty converge to tell one magnificent story… and where the next chapter begins.

74 days on Horizon Palm

Listing office: NEXTHOME SOUTH POINTE · MLS#: TB8446538


Map

7240 Dr Martin Luther King Jr Street S, St Petersburg, FL, 33705


Facts & features

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 6.00

Heating

Heating: Electric

Cooling

Cooling: Mini-Split Unit(s)

Appliances

Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal, Microwave, Refrigerator

Features

Interior features: Ceiling Fan(s), High Ceilings, Primary Bedroom Main Floor, Primary Bedroom Upstairs, Split Bedroom, Stone Counters, Walk-In Closet(s), Window Treatments
Flooring: Hardwood
Laundry: Inside, Upper Level

Interior area

Total interior livable area: 4456 sqft

Room dimensions

Bedroom 3: 13x24 (Second)
Bedroom 4: 13x16 (Second)
Bedroom 5: 12x20 (Second)
Dining Room: 14x14 (First)
Family Room: 13x30 (First)
Foyer: 13x16 (First)
Kitchen: 14x29 (First)
Library: 20x20 (First)
Living Room: 14x17 (First)
Primary Bedroom 2: 16x22 (First)

Parking

Garage spaces: 3.00
Parking features: Garage Door Opener

Features

View: Garden, Water
Exterior features: Balcony, French Doors, Garden, Irrigation System, Outdoor Shower
Fencing: Fenced
Patio & porch: Covered, Enclosed, Patio, Porch, Rear Porch
Pool: Yes
Pool features: Gunite, In Ground
Spa: Yes
Waterfront: Yes
Waterfront features: Bay/Harbor, Gulf/Ocean

Lot

Lot size: 0.5800 Acres
Lot features: Cul-De-Sac, Oversized Lot

Details

Parcel number: 183217724140010110

Type & style

Home type: Single Family Residence

Materials

Construction materials: Block, Concrete
Foundation: Block
Roof: Tile

Condition

Year built: 1925

Community

Subdivision: Point Pinellas Rep

Utilities

Utilities: Public
Sewer: Public Sewer

Details

Price/sqft: $672
Annual taxes: $15, 490 (2024)
Date on market: 11/09/2025
Days on market: 74
Listing terms: Cash, Conventional
Listing agent: Kent Rodahaver
Listing office: NEXTHOME SOUTH POINTE
MLS ID: TB8446538

Price history

For Sale

2025-11-09T05:00:00.000Z · NEXTHOME SOUTH POINTE

$2,995,000

$672/sqft

Payment calculator

$1,441/mo
Principal & interest
$0
Property taxes
$1,291
Home insurance
$150

This is an estimate based on a 30-year fixed-rate mortgage at 6.75% APR. Actual rates and payments may vary. Contact a lender for exact quotes.


St Petersburg

St Petersburg, FLPinellas County33705
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