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

$2,649,000

5

Beds

6

Baths

4,456 ft2

Property Size

1925

Year Built

About The 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.

Property Details

Property Id: 488486
Price: $2,649,000
Property Size: 4,456 ft2
Property Lot Size: 1 ft2
Rooms: 11
Bedrooms: 5
Bathrooms: 6
ArchitecturalStyle: Mediterranean
BathroomsFull: 6
BuildingAreaTotal: 5467
ConstructionMaterials: Block, Concrete
Cooling: Mini-Split Unit(s)
CoveredSpaces: 3
CumulativeDaysOnMarket: 209
DaysOnMarket: 209
DirectionFaces: North
Directions: From Pinellas Point Dr S, drive South on Dr MLK Jr St S. The home is at the end of the cul de sac.
Fencing: Fenced
FireplaceFeatures: Masonry, Wood Burning
Flooring: Hardwood
GarageSpaces: 3
Heating: Electric
InternetAddressDisplayYN: 1
InternetEntireListingDisplayYN: 1
LaundryFeatures: Inside, Upper Level
Levels: Two
ListAOR: Suncoast Tampa
ListAgentFullName: Kent Rodahaver
ListOfficeName: NEXTHOME SOUTH POINTE
ListingContractDate: 2025-11-09
ListingId: TB8446538
ListingTerms: Cash, Conventional
LivingAreaSource: Public Records
LivingAreaUnits: Square Feet
LotFeatures: Cul-De-Sac, Oversized Lot
LotSizeArea: 25300
LotSizeSquareFeet: 25300
LotSizeUnits: Square Feet
MLSAreaMajor: 33705 - St Pete
MlsStatus: Active
ModificationTimestamp: June 7, 2026 at 05:05pm
OnMarketDate: 2025-11-09
OriginalListPrice: 2995000
OriginatingSystemName: Stellar MLS
Ownership: Fee Simple
ParkingFeatures: Garage Door Opener
PatioAndPorchFeatures: Covered, Enclosed, Patio, Porch, Rear Porch
PhotosChangeTimestamp: May 7, 2026 at 11:44am
PhotosCount: 91
PoolFeatures: Gunite, In Ground
PostalCode: 33705
Roof: Tile
SecurityFeatures: Security Gate
Sewer: Public Sewer
SpaFeatures: In Ground
SpecialListingConditions: None
StateOrProvince: FL
StreetName: DR MARTIN LUTHER KING JR
StreetNumber: 7240
StreetSuffix: STREET
Utilities: Public
View: Garden, Water
WaterBodyName: TAMPA BAY - GULF OF AMERICA
WaterSource: Private
WaterfrontFeatures: Bay/Harbor, Gulf/Ocean
YearBuilt: 1925

Amenities and Features

Outdoor Details
Garage Attached
Other Features
1
Balcony
Built-In Oven
Ceiling Fan(s)
Cooktop
Dishwasher
Disposal
French Doors
Garden
Has a View
Has Cooling System
Has Fireplace
Has Garage
Has Heating System
Has Pool
Has Waterfront
High Ceilings
Irrigation System
Microwave
Outdoor Shower
Primary Bedroom Main Floor
PrimaryBedroom Upstairs
Refrigerator
Spa
Split Bedroom
Stone Counters
Walk-In Closet(s)
Window Treatments

Map Location

Property Map

Mortgage Calculator

Payment Calculator

$13,581.95
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 10,270.70

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Disclaimer

Property ID - | 488486

All listings featuring the Stellar MLS logo are provided by My Florida Regional MLS DBA Stellar MLS. This information is not verified for authenticity or accuracy and is not guaranteed. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by MLS.

©2025 My Florida Regional MLS DBA Stellar MLS. All rights reserved.

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Selinda Moore