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$2,995,000 - 7240 Dr Martin Luther King Jr Street S, ST PETERSBURG

5
Bedrooms
6
Baths
4,456
SQ. Feet
0.58
Acres

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.

Essential Information

  • MLS® #:
    TB8446538
  • Price:
    $2,995,000
  • Bedrooms:
    5
  • Bathrooms:
    6.00
  • Full Baths:
    6
  • Square Footage:
    4,456
  • Acres:
    0.58
  • Year Built:
    1925
  • Type:
    Residential
  • Sub-Type:
    Single Family Residence
  • Style:
    Mediterranean
  • Status:
    Active

Community Information

  • Address:
    7240 Dr Martin Luther King Jr Street S
  • Area:
    St Pete
  • Subdivision:
    POINT PINELLAS REP
  • City:
    ST PETERSBURG
  • County:
    Pinellas
  • State:
    FL
  • Zip Code:
    33705

Amenities

  • Parking:
    Garage Door Opener
  • # of Garages:
    3
  • View:
    Garden, Water
  • Is Waterfront:
    Yes
  • Waterfront:
    Bay/Harbor, Gulf/Ocean
  • Has Pool:
    Yes

Interior

  • Interior Features:
    Ceiling Fans(s), High Ceilings, Primary Bedroom Main Floor, PrimaryBedroom Upstairs, Split Bedroom, Stone Counters, Walk-In Closet(s), Window Treatments
  • Appliances:
    Built-In Oven, Cooktop, Dishwasher, Disposal, Microwave, Refrigerator
  • Heating:
    Electric
  • Cooling:
    Mini-Split Unit(s)
  • Fireplace:
    Yes
  • Fireplaces:
    Masonry, Wood Burning

Exterior

  • Exterior Features:
    Balcony, French Doors, Garden, Outdoor Shower
  • Lot Description:
    Cul-De-Sac, Oversized Lot
  • Roof:
    Tile
  • Foundation:
    Block

Additional Information

  • Days on Market:
    44

Listing Details

  • Listing Office:
    Nexthome South Pointe

Listing information courtesy of Nexthome South Pointe.

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Listing data comes from My Florida Regional MLS.

Listing information last updated on December 23rd, 2025 at 2:34pm EST.