$2,649,000
Original: $2,995,000 ▼ Price reduced

7240 DR MARTIN LUTHER KING JR ST S, St Petersburg, FL 33705

Active
5
Beds
6
Baths
4,456
Sq Ft
$594
Per Sq Ft
1925
Built
209
Days Listed
3
Garage
0.58
Acres

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.

Facts & Features

Interior
Bedrooms5
Full Bathrooms6
Half Bathrooms0
Interior Sq Ft4,456
Total Structure Area5,467 sqft
FireplaceYes
FlooringWood
HeatingElectric
CoolingMini-Split Unit(s)
AppliancesBuilt-In Oven, Cooktop, Dishwasher, Disposal, Microwave, Refrigerator
LaundryInside, Upper Level
Interior FeaturesCeiling Fans(s), High Ceilings, Primary Bedroom Main Floor, PrimaryBedroom Upsta
Property
Construction
Utilities
Community & HOA
Financial & Listing Details

Rooms

Room types: Foyer, Kitchen, Dining Room, Living Room, Family Room, Library, Primary Bedroom 2, Primary Bedroom, Bedroom 3, Bedroom 4, Bedroom 5

Foyer
LevelFirst
Dimensions13x16
Kitchen
LevelFirst
Dimensions14x29
Dining Room
LevelFirst
Dimensions14x14
Living Room
LevelFirst
Dimensions14x17
Family Room
LevelFirst
Dimensions13x30
Library
LevelFirst
Dimensions20x20
FeaturesEn Suite Bathroom
Primary Bedroom 2
LevelFirst
Dimensions16x22
FeaturesEn Suite Bathroom
Primary Bedroom
LevelSecond
Dimensions15x19
FeaturesEn Suite Bathroom
Bedroom 3
LevelSecond
Dimensions13x24
Bedroom 4
LevelSecond
Dimensions13x16
Bedroom 5
LevelSecond
Dimensions12x20
FeaturesEn Suite Bathroom

Price History

Nov 9, 2025 Listed $2,995,000
Jun 3, 2026 Price Changed $2,649,000

Listed by NEXTHOME SOUTH POINTE · MLS# TB8446538

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Listing information © 2026 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved. Data deemed reliable but not guaranteed. Last updated: 2026-06-07.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Florida Property Finder · LPT Realty, LLC
Mike Valdes
Mike Valdes
Florida Property Finder · LPT Realty
(813) 548-5618
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