tomo logo

$2,650,000

Beds
4
Baths
3.0
sq ft
3,578

7172 Dr Martin Luther King Jr St S, Saint Petersburg, FL 33705

7172 Dr Martin Luther King Jr St S

ST PETERSBURG, FL 33705

  • 9 days on market
Imagine coming home to a one-of-a-kind, Key West style property – your private waterfront sanctuary. Here's a rare opportunity to own a unique, Hemingway-inspired property, situated on .67 acres. A quiet cul de sac and private entry gate lead to this captivating home that is graced by a wrap-around porch and tremendous water views of Tampa Bay and the Sunshine Skyway, from most rooms. This remarkable home features 4 bedrooms and 3 full baths. The impressive 45’ long entry foyer, with a soaring 21' high volume ceiling leads to spacious living and entertainment areas. The large kitchen includes stainless appliances, an induction cooktop stove, plentiful cabinet space, numerous roll-out drawers, under cabinet lighting and also ample dining space to accommodate a large kitchen table. A convenient laundry room is accessed from the kitchen, providing room for a full size washer and dryer, a stainless utility sink, numerous cabinets with roll-out pantry storage and a laundry chute from the master bedroom. The warm, comfortable living room is adjacent to the kitchen and features a wood-burning fireplace, flanked by decorative built-in cabinetry and bookshelves. The formal dining room is very spacious and it includes built-in buffet cabinetry with handy roll-out shelves and a marble top. There is also a good size family room on the first floor that provides the perfect place to relax and entertain. French doors in almost all first floor rooms open to the wrap around verandah porch and striking water views. The living room and family room lead to a sparkling pool and gorgeous travertine pavered lanai, with plenty of space to soak up the sun. All openings in the home and detached garage, including attic vents, are protected by impact-rated coverings. There’s a first floor bedroom with a large storage closet. A full bath located across from this bedroom, includes a tub and shower and marble topped vanity. The second floor showcases three large bedrooms and more storage space. The master suite features built-in cabinets and shelving which open to reveal a surprising, expansive walk-in, his and her custom closet. There are also sliding doors, which lead to a balcony/walkway that overlooks the inviting pool area and 245’ dock to the picturesque waterfront. The ensuite master bath is equipped with separate, counter height marble-topped vanities, an elevated tub, walk-in shower, linen closet and additional storage closet. The guest suite is also very roomy with plentiful closet space, sliding doors to the balcony/walkway and a private bath with a marble-topped vanity, walk-in shower and storage room. The third upstairs bedroom is outfitted with a wall of built-in shelves and cabinets - an ideal office. This home is equipped with a new whole-house surge protector, newer electrical panel and double-thickness exterior Hardie Board plank siding, with 45 degree hand-mitred corners. Newer pool equipment includes an electric heater & chiller, pool pump and salt cell. A covered brick walkway leads to a detached, two car garage with insulated, impact doors, workbench and pull-down stairs to access garage attic space. This residence did not incur hurricane related flood damage in any living areas. Ideally located near downtown St. Pete attractions, shopping, restaurants and I275, for quick access to Tampa. Minor roof & soffit damage from hurricane Milton. Priced under recent appraisal. Sold "AS IS". Don't miss this opportunity!

Details

Property type

Single Family Residence

Est. home value

$2,134,950

Lot size

0.67 acres

Price per sq ft

$741

Year built

1990

Annual property taxes

$15,813.35

HOA

No

Price History

01/13/2025
StellarMLS

StellarMLS #TB8337855

Listed
$2,650,000
+180.42%
03/23/2011
StellarMLS

StellarMLS #U7477782

Sold
$945,000

Schools & Community

Neighborhood: 

Greater Pinellas Point

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

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

Lender

New Day Financial Llc

Loan start date

October 2021

Original loan amount

$511,698

Est. remaining balance

$475,044

Interest rate

2.87%

Loan type

VA, 30 year

Seller

Paul Benfanti and Cynthia L Benfanti

Lender

Compass Bank

Loan start date

March 2011

Original loan amount

$897,750

Est. remaining balance

$635,032

Interest rate

4.81%

Loan type

New Conventional, 30 year

Seller

Paul Benfanti and Cynthia L Benfanti

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?

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Status: Active

Tomo last checked: 01/22/2025 at 3:45 AM

Listing updated: 01/14/2025 at 6:55 AM

Listed by: Paul Traxler, RE/MAX METRO Phone #: (727) 896-1800

MLS: StellarMLS #TB8337855

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Recently listed in ST PETERSBURG