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Property for sale at 7240 DR MARTIN LUTHER KING JR STREET S, ST PETERSBURG, FL, 33705

7240 Dr Martin Luther King Jr Street SSt Petersburg, FL, 33705

5beds
6baths
4,456sqft
Single Family Residence
Built in 1925
$2,300,000
Sold
Price per sqft
$516
Sold on
Sep 11, 2026
MLS #TB8446538Updated Sep 15, 2026

About this property

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.

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Gaby, Property Specialist
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Property details

Property type
Single Family Residence
Street address
7240 Dr Martin Luther King Jr Street S
City
St Petersburg
State
FL
ZIP code
33705
Year built
1925
New construction
No
Faces
North
Rooms
11
Living area
4,456 sqft
Total building area
5,467 sqft
Architectural style
Mediterranean
Levels
Two

Stellar MLSThe data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of Stellar MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; the availability of any listing should always be independently verified. Listing information is provided for consumers' personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.Stellar (MFR) data last updated at November 8, 2026 at 5:00 AM EST

Price & sale history

EventPrice
SoldMLS #TB8446538$2,300,000
Price reducedMLS #TB8446538$2,649,000Change: −11.6%−$346,000
Listed for saleMLS #TB8446538$2,995,000
History may be incomplete.
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Location

Property for sale at 7240 DR MARTIN LUTHER KING JR STREET S, ST PETERSBURG, FL, 33705
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