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$1,150,000

Beds
4
Baths
3.0
sq ft
2,730

3801 Dr Martin Luther King Jr St N, Saint Petersburg, FL 33703

3801 Dr Martin Luther King Jr St N

ST PETERSBURG, FL 33703

  • 25 days on market
    • Price drop $39,000↓
Welcome to your stunning, fully remodeled 4-bedroom, 3-bathroom home in the highly desirable Allendale Terrace neighborhood of St. Petersburg, FL. Sitting on an oversized 13,000+ sq ft corner lot, this exquisite mid-century modern retreat boasts over 2,700 sq ft of beautifully updated living space, seamlessly blending modern luxury with timeless charm. As you approach, a beautifully landscaped private courtyard welcomes you, setting the tone for the tranquility and elegance that awaits inside. Step through the double-door entrance into the expansive open-concept living area, where luxury vinyl plank flooring, custom cabinetry, and sleek LED lighting create a warm yet sophisticated ambiance. The heart of the home is the chef’s kitchen, designed to impress with quartz countertops, a full-height backsplash, brand-new stainless steel appliances, and a spacious eat-up island featuring stunning waterfall-edge counters—perfect for casual dining and entertaining. Thoughtful mid-century touches shine through in the elegant gold hardware and statement range hood, adding a timeless sophistication to this beautifully curated space. This home offers two luxurious primary suites, each designed for ultimate comfort and style, while all three bathrooms have been thoughtfully crafted with custom spa-like finishes. Sleek mid-century modern floating vanities, designer tile work, and high-end fixtures elevate each space, creating a true retreat. A bonus office space provides incredible flexibility—ideal for working from home, a creative studio, or even a cozy den. With its own door leading to the backyard, this space seamlessly connects indoor and outdoor living. The seamless indoor-outdoor flow is enhanced by custom accordion doors that open to a brand-new pergola-covered patio, extending the living space into the expansive backyard. Enclosed by a six-foot concrete wall along most of the perimeter, this private outdoor oasis provides endless possibilities for relaxing, gardening, or hosting unforgettable gatherings. Adding to the home’s appeal, a detached one-car garage with alley access offers additional convenience and storage. Beyond its breathtaking design, this home’s prime location on high ground in a non-flood zone means added security, lower insurance costs, and year-round peace of mind—an invaluable feature in Florida’s coastal market. Just minutes from downtown St. Pete’s vibrant shops, dining, and waterfront parks, this exceptional home delivers both luxury and unbeatable location. In the last year, this home has been completely transformed with an all-new kitchen, all three bathrooms, HVAC, interior and exterior paint, flooring, interior and exterior doors, updated electrical and lighting, a redesigned laundry room with cabinetry, and new exterior cement pads and landscaping. Additionally, a new roof was installed in 2023, ensuring durability and peace of mind for years to come. Don’t miss this rare opportunity—schedule your private tour today!

Details

Property type

Single Family Residence

Est. home value

$703,120

Lot size

0.34 acres

Price per sq ft

$422

Year built

1973

Annual property taxes

$7,986.12

HOA

No

Price History

03/21/2025
StellarMLS

StellarMLS #TB8357353

Price change
$1,150,000
-3.28%
03/06/2025
StellarMLS

StellarMLS #TB8357353

Listed
$1,189,000
+106.78%
05/28/2024
StellarMLS

StellarMLS #U8235383

Sold
$575,000
-17.74%

Schools & Community

Neighborhood: 

Allendale Terrace

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$844,831
Asking price
$1,150,000
Closing costs (~8% of asking)
-$92,000
Est. remaining loan balance
-$213,169
Cash to seller
$844,831

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

May 2008

Original loan amount

$328,500

Est. remaining balance

$213,169

Interest rate

5.85%

Loan type

Not Provided, 30 year

Seller

Guy A Samuel and Lori J Karr

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/31/2025 at 7:05 PM

Listing updated: 03/23/2025 at 5:23 PM

Listed by: Derrick Silvers, FUTURE HOME REALTY INC Phone #: (813) 855-4982

MLS: StellarMLS #TB8357353

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