7240 DR MARTIN LUTHER KING JR STREET, ST PETERSBURG, FL 33705
For Sale1 / 91

$2,995,000

5 bd·6 ba·4,456 sqft

7240 DR MARTIN LUTHER KING JR STREET, ST PETERSBURG, FL 33705

MLS# TB8446538

Type

House

Year Built

1925

Lot Size

0.58 acres

$/sqft

$672

Days on Market

130

Annual Tax

$15,490

PoolWaterfrontFireplaceGarage

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.

130 days on Horizon Palm · Listing office: NEXTHOME SOUTH POINTE

Facts & Features

Bedrooms: 5
Bathrooms: 6
Interior Area: 4,456 sqft
Interior Features: Ceiling Fan(s), High Ceilings, Primary Bedroom Main Floor, Primarybedroom Upstairs, Split Bedroom, Stone Counters, Walk-in Closet(s), Window Treatments
Flooring: Hardwood
Fireplace: Yes
Garage Spaces: 3
Exterior Features: Balcony, French Doors, Garden, Irrigation System, Outdoor Shower
Pool: Yes
Waterfront: Yes
Lot Size: 0.58 acres
Parcel #: 183217724140010110
Property Type: House
Construction: Block,Concrete
Foundation: Block
Roof: Tile
Architectural Style: Mediterranean
Year Built: 1925
New Construction: No
Subdivision: POINT PINELLAS REP
HOA: No
Utilities: Public
Price/sqft: $672
Annual Tax: $15,490
Tax Year: 2024
Days on Market: 130
Listing Agent: Kent Rodahaver
Listing Office: NEXTHOME SOUTH POINTE
MLS #: TB8446538

Price & Listing History

DateEventPrice
+057826-08-12For Sale$2,995,000($672/sqft)

Payment Calculator

$17,829/mo

Principal & Interest$15,540
Property Taxes$1,291
Home Insurance$998

This calculator is for informational purposes only. Actual payments may vary.

Neighborhood

ST PETERSBURG, FLPinellas County
See more homes in ST PETERSBURG

Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use. © 2026 Stellar MLS / BeachesMLS. All rights reserved. Last updated: 3/20/2026.