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7240 DR MARTIN LUTHER KING JR STREET S

House For Sale
$2,649,000

BTC: 44.15000000

ETH: 1,517.18213058

-$346K (2026/06/03)
206 days
Waterfront
5 bds
6 ba
4,456 sqft

Overview

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.

Location

Details

Type:
Residential
Parking:
Garage Door Opener
Year Built:
1925
Lot:
0.58 Acres
Heating:
Electric
Price/sqft:
$594
Cooling:
Mini-Split Unit(s)
HOA:
No Data

Highlights

Annual tax
$15,490
2024
Pool
Gunite
View
Garden, Water
Waterfront
Bay/Harbor, Gulf/Ocean
Garage
3 car garage
All facts and features
  • Flooring

    • Hardwood

    Heating

    • Electric

    Cooling

    • Mini-Split Unit(s)

    Appliances

    • Built-In Oven

    • Cooktop

    • Dishwasher

    • Disposal

    • Microwave

    • Refrigerator

    Other interior features

    • Ceiling Fan(s)

    • High Ceilings

    • Primary Bedroom Main Floor

    • PrimaryBedroom Upstairs

    • Split Bedroom

    • Stone Counters

    • Walk-In Closet(s)

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 5

    • Full bathrooms: 6

  • Parking

    • Garage Door Opener

    Property

    • Levels: Two

    • Pool Private: Yes

    • Exterior Features: Balcony / French Doors / Garden / Irrigation System / Outdoor Shower

    Lot

    • Lot: 0.58 Acres

    Other Property Information

    • Parcel Number: 183217724140010110

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Public

  • Other financial information

    • Annual tax amount: $15,490

  • Source details

    • MLS ID: TB8446538

    Other facts

    • Construction Materials: Block / Concrete

    • Foundation Details: Block

    • Fireplace Features: Masonry / Wood Burning

    • Laundry Features: Inside / Upper Level

    • Lot Features: Cul-De-Sac / Oversized Lot

    • Patio And Porch Features: Covered / Enclosed / Patio / Porch / Rear Porch

    • Pool Features: Gunite / In Ground

    • Direction Faces: North

    • Architectural Style: Mediterranean

    • Waterfront: Yes

    • Fireplace: Yes

    • Water Body Name: TAMPA BAY - GULF OF AMERICA

    • Garage Spaces: 3

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 4456

    • Water Source: Private

    • Subdivision Name: POINT PINELLAS REP

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: NEXTHOME SOUTH POINTE