7240 DR MARTIN LUTHER KING JR STREET S ST PETERSBURG FL 33705 MLS #TB8446538

7240 DR MARTIN LUTHER KING JR STREET S
ST PETERSBURG, FL, 33705
$2,750,000
5 Beds
6 Baths
4,456 SqFt
0.58 Acres
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MLS #TB8446538 image #0
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.

Property Details

Price:
$2,750,000
MLS #:
TB8446538
Status:
Active
Beds:
5
Baths:
6
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
POINT PINELLAS REP
Neighborhood:
33705stpete
Listed Date:
Nov 9, 2025
Finished Sq Ft:
4,456
Total Sq Ft:
5,467
Lot Size:
25,300 sqft / 0.58 acres (approx)
Year Built:
1925
MediterraneanWaterfrontPoolPrimary Bedroom Main Floor33705 – St Pete33705stpetePoint Pinellas RepTampa Bay – Gulf Of AmericaConsult With The Local Municipality Regarding Any Lease Restrictions.No Minimum

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Interior

Appliances
Built-In Oven, Cooktop, Dishwasher, Disposal, Microwave, Refrigerator
Bathrooms
6 Full Bathrooms
Cooling
Mini-Split Unit(s)
Flooring
Hardwood
Heating
Electric
Interior Features
Ceiling Fan(s), High Ceilings, Primary Bedroom Main Floor, PrimaryBedroom Upstairs, Split Bedroom, Stone Counters, Walk-In Closet(s), Window Treatments
Laundry Features
Inside, Upper Level
Levels
Two

Exterior

Architectural Style
Mediterranean
Attached Garage YN
1
Construction Materials
Block, Concrete
Covered Spaces
3
Direction Faces
North
Exterior Features
Balcony, French Doors, Garden, Irrigation System, Outdoor Shower
Fencing
Fenced
Garage Spaces
3
Lot Features
Cul-De-Sac, Oversized Lot
Parking Features
Garage Door Opener
Patio And Porch Features
Covered, Enclosed, Patio, Porch, Rear Porch
Roof
Tile
Security Features
Security Gate
Spa Features
In Ground
View
Garden, Water
Waterfront Features
Bay/Harbor, Gulf/Ocean

Financial

Tax Year
2024
Taxes
$15,490

Map

Community

Subdivisions in ST PETERSBURG

Market Summary

Current real estate data for Single Family in ST PETERSBURG as of Apr 18, 2026
1,719
Single Family Listed
103
Avg DOM
409
Avg $ / SqFt
$889,889
Avg List Price

Property Summary

    Located in the POINT PINELLAS REP subdivision, 7240 DR MARTIN LUTHER KING JR STREET S ST PETERSBURG FL is a Single Family for sale in ST PETERSBURG, FL, 33705. It is listed for $2,750,000 and features 5 beds, 6 baths, and has approximately 4,456 square feet of living space, and was originally constructed in 1925. The current price per square foot is $617. The average price per square foot for Single Family listings in ST PETERSBURG is $409. The average listing price for Single Family in ST PETERSBURG is $889,889.

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