7240 DR MARTIN LUTHER KING JR, ST PETERSBURG, FL, 33705 — photo 1
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7240 DR MARTIN LUTHER KING JR, ST PETERSBURG, FL, 33705

$2,750,000

5 Beds6 Baths4,456 Sq FtBuilt 19250.58 Acres3 GaragePool

About This Property

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.

Subdivision

POINT PINELLAS REP

Status

Active

Listed By

NEXTHOME SOUTH POINTE

Days on Market

155

Mortgage Calculator

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Est. Monthly Payment

$16,889

30-yr fixed · 20% down · 6.875%

Principal & Interest$14,452
Property Tax (actual)$1,291
Est. Home Insurance~0.5% est.$1,146
Total / month$16,889
Loan amount$2,200,000

Estimates only — taxes and insurance are approximate. PMI rate, actual lender fees, and closing costs not included. Contact a licensed lender for a precise quote.

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MLS# b4447db52eeb8b543170d1779845eea0

Location