ST PETERSBURG, FL 33705 7240 DR MARTIN LUTHER KING JR STREET S
$2,649,000
OPEN HOUSE Sun, Jun 07 2026 11:00 AM - 01:00 PM



86 more






















































































Presented By: NEXTHOME SOUTH POINTE with 833-777-6398. - 833-777-6398
Home Details
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.
Presented By: NEXTHOME SOUTH POINTE with 833-777-6398. - 833-777-6398
Interior Features for 7240 DR MARTIN LUTHER KING JR STREET S
Bedrooms
Total Bedrooms5
Bathrooms
Half Baths0
Total Baths6
Other Interior Features
LivingAreaSourcePublic Records
Air Conditioning Y/NYes
Fireplace FeaturesMasonry, Wood Burning
Fireplace Y/NYes
FlooringHardwood
Heating Y/NYes
Interior AmenitiesCeiling Fan(s), High Ceilings, Primary Bedroom Main Floor, PrimaryBedroom Upstairs, Split Bedroom, Stone Counters, Walk-In Closet(s), Window Treatments
Laundry FeaturesInside, Upper Level
General for 7240 DR MARTIN LUTHER KING JR STREET S
Additional Parcels Y/NNo
Additional RoomsBreakfast Room Separate, Den/Library/Office, Interior In-Law Suite w/Private Entry
AppliancesBuilt-In Oven, Cooktop, Dishwasher, Disposal, Microwave, Refrigerator
Architectural StyleMediterranean
Attached Garage Yes
Body of WaterTAMPA BAY - GULF OF AMERICA
Building Area UnitsSquare Feet
Carport Y/NNo
CityST PETERSBURG
Construction MaterialsBlock, Concrete
CoolingMini-Split Unit(s)
CountyPinellas
DirectionsFrom Pinellas Point Dr S, drive South on Dr MLK Jr St S. The home is at the end of the cul de sac.
DockY/NYes
Facing DirectionNorth
Flood Zone CodeAE
Full Baths6
Garage Spaces3
Garage Y/NYes
HeatingElectric
ILS Under Air SQFT352
Land Lease Y/NNo
Lease Considered Y/NYes
Legal DescriptionPOINT PINELLAS REPLAT BLK 1, LOT 11 LESS E 5FT
LevelsTwo
Listing TermsCash, Conventional
Living Area UnitsSquare Feet
Lot Size Square Feet25300
Lot Size UnitsSquare Feet
MLS Area33705 - St Pete
Minimum LeaseNo Minimum
New ConstructionNo
Occupancy TypeOwner
OwnershipFee Simple
Patio/Porch FeaturesCovered, Enclosed, Patio, Porch, Rear Porch
Pool FeaturesGunite, In Ground
PossessionClose Of Escrow
Property SubtypeSingle Family Residence
Property TypeResidential
RoofTile
STELLAR_InLawSuiteDescrip1 Bathroom, 1 Bedroom, Private Entrance
STELLAR_InLawSuiteYNYes
Security FeaturesSecurity Gate
Senior Community Y/NNo
SewerPublic Sewer
Spa FeaturesIn Ground
Standard StatusActive
StatusActive
Subdivision NamePOINT PINELLAS REP
Tax Annual Amount15490
Tax Lot11
Tax Year2024
Total Rooms11
UtilitiesPublic
ViewGarden, Water
Virtual TourClick here
Water Access Y/NNo
Water ViewBay/Harbor - Full, Gulf/Ocean - Full
Water View Y/NYes
Waterfront FeaturesBay/Harbor, Gulf/Ocean
Year Built1925
Exterior for 7240 DR MARTIN LUTHER KING JR STREET S
Building Area Total5467
Covered Spaces3
Exterior AmenitiesBalcony, French Doors, Garden, Irrigation System, Outdoor Shower
FencingFenced
Foundation DetailsBlock
Lot FeaturesCul-De-Sac, Oversized Lot
Lot Size Acres0.58
Lot Size Area25300
Parking FeaturesGarage Door Opener
Private PoolYes
Road Surface TypeAsphalt
SpaYes
VegetationBamboo, Mature Landscaping, Trees/Landscaped
Water SourcePrivate
Waterfront Y/NYes
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Exela Ramirez
Realtor®
SQFT • 4,456