2320 Dr. Martin Luther King Jr. St S – Investor Special in a High-Growth Corridor Discover a rare value-add opportunity in St. Petersburg’s rapidly evolving southside: a 3,200 SF blank canvas at 2320 MLK St S. Currently in need of a full facelift, this property is perfectly positioned to capitalize on the area’s robust redevelopment momentum. Key Highlights & Potential Uses Zoning Flexibility (CCT-1, Zoning Description Corridor Commercial Traditional) By-right uses include retail shops, professional or medical offices, service businesses (Salon or Restaurant etc.), Mixed-use project and assembly-style operations (studios, galleries, or community centers). Excellent Location: Situated just 1½ miles south of Central Avenue, the site enjoys high visibility on a busy thoroughfare. A bus stop at the corner and planned streetscape improvements make access effortless for both customers and tenants. Growth & Appreciation: The MLK corridor is one of St. Pete’s most active redevelopment zones, with recent mixed-use projects and infill developments driving property values higher. Investors are flocking here for its strong demographics—young professionals, creative startups, and local entrepreneurs—all seeking modern, affordable space. Value-Add Canvas: While the existing build is dated, the solid block and stucco structure provides a blank-slate interior ready for renovation. Whether you envision a boutique coworking hub, a wellness studio with ground-floor retail, or a tech office with loft-style finishes, the foundational elements are in place. Why 2320 MLK St S? This offering allows you to shape the next chapter of a transforming neighborhood—securing a sizeable footprint at well below replacement cost and riding the wave of St. Pete’s ongoing renaissance. With the right vision and capital improvements, you can unlock significant upside and deliver a modern asset to the market.