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$899,000

Beds
3
Baths
2.0
sq ft
2,125

7040 Dr Martin Luther King Jr St S, Saint Petersburg, FL 33705

7040 Dr Martin Luther King Jr St S

ST PETERSBURG, FL 33705

  • 3 days on market
    • Price drop $51,000↓
1968 Rutenburg home in quiet and canopied covered Pinellas Point. Step inside a split floor plan with 3 large bedrooms, and two bathrooms. All have larger than average walk in closets. Quarts counter tops and tile flooring. Huge open Kitchen renovated in 2020, that carries true to todays modern style. Large saltwater pool completed in 2022, with water features and lights, complete with a sun shelf that gradually goes to a depth of 5 feet, perfect for relaxation and family fun. Heated spa, ideal for unwinding after a long day. Covered lanai installed in 2022, featuring stylish and ceiling fans, creating an ideal space for entertaining or tranquil evenings. Smart pool automation for controls, easily accessible from your smartphone app—enjoy full control at your fingertips! Sleek 4-panel sliding glass doors that slide to one side, installed in 2022, that seamlessly connects the living room to the expansive pool deck were installed in 2022. Large backyard with fire pit, and nice green space. Located in one of the most nature forward neighborhoods, surrounded by multi million dollar water front houses. Enjoy owl sittings, ospreys, and tons of cardinals in Pinellas Point. Far and removed yet 10 minutes to downtown St. Pete, Beach Drive, and Beaches.

Details

Property type

Single Family Residence

Est. home value

$834,404

Lot size

0.25 acres

Price per sq ft

$424

Year built

1968

Annual property taxes

$12,365.19

HOA

No

Price History

03/15/2025
StellarMLS

StellarMLS #TB8361218

Price change
$899,000
-5.37%
03/13/2025
StellarMLS

StellarMLS #TB8361218

Listed
$950,000
+74.31%
10/28/2021
StellarMLS

StellarMLS #T3331914

Sold
$545,000
+122.45%

Schools & Community

Neighborhood: 

Greater Pinellas Point

Elementary school: 

Lakewood Elementary-PN

Middle school: 

Bay Point Middle-PN

High school: 

Lakewood High-PN

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

$423,151
Asking price
$899,000
Closing costs (~8% of asking)
-$71,920
Est. remaining loan balance
-$403,929
Cash to seller
$423,151

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

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

October 2021

Original loan amount

$436,000

Est. remaining balance

$403,929

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Harold Robert Winsch and Thadeo L Salido

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: 03/17/2025 at 2:40 AM

Listing updated: 03/16/2025 at 2:29 PM

Listed by: Matthew Baldwin, KELLER WILLIAMS ST PETE REALTY Phone #: (727) 894-1600

MLS: StellarMLS #TB8361218

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