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About This Home
This 5-bedroom, 6-bathroom single family at 7240 Dr Martin Luther King Jr Street South in Saint Petersburg, FL is listed for $2,750,000 ($617 per sqft). Built in 1925, the home offers 4,456 sqft of living space on a 0.58 acres lot.
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.
Key Features
- Built in 1925
- 0.58 acre lot
- Waterfront
Property Details
Amenities
Monthly Cost Estimate
$14,708/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
7240 Dr Martin Luther King Jr Street South
Saint Petersburg, FL 33705
Questions & Answers
This 5-bedroom, 6-bathroom single family at 7240 Dr Martin Luther King Jr Street South is listed at $2,750,000 ($617/sqft). The estimated monthly payment is $11,917 based on 20% down at 6.5% interest.
Key features include: Built in 1925, 0.58 acre lot, Waterfront.
This property is listed by Kent Rodahaver and can be reached at 7273017300 or Kent@NHSouthPointe.com.








