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$780,000   Price Analysis
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540 Dr Martin Luther King Jr St S
Saint Petersburg, FL 33701
2 bed 3 bath 1,857 SqFt ($420/SqFt)
Built 2024
Listed 2024-02-09, HOA $257
Ⓧ USDA Ineligible
due to price & location

near Saint Petersburg

Under Construction.

Ask about our July incentives! Welcome to Innovation Townhomes, a gated communty located in the Innovation District WITHIN BLOCKS of the new Tropicana Field redevelopment. This unit is currently under construction with completion set for Q2 of 2024. Block Construction all the way up including your neighboring walls. Innovation Townhomes is located minutes from Tropicana Field, Downtown St. Pete, Grand Central, the Edge District, Warehouse Arts District and the Pinellas Trail, this location gives homeowners easy access to dining, shopping, museums, beaches, the new pier, hospitals, the marinas and so much more. The Franklin floorplan features an open floor plan, 4-story, 2 bedroom, 2.5 bath, with a den that can be used for a flex room or office, 1 car garage and private rooftop terraces.

The Franklin kitchen features flat panel, soft-close cabinets, upgraded backsplash, gas range and hood, wine fridge and attractive 3cm quartz countertops. Head up stairs for an additional loft sitting area (that can be used as an office or flex space), primary bedroom and laundry room. The primary suite bathroom features dual vanities a large frameless shower with floor to ceiling tile in the shower. On your 4th level, you will find your private rooftop terrace that includes an enclosed wet bar and outdoor stand alone gas grill. All units include luxury vinyl plank flooring including the bedrooms, impact windows/doors, a dedicated 240V 15 AMP outlet for a car charger and all are pre-plumbed for a water softener system. The 26 unit community is located in Flood Zone X and are fee simple with a low HOA. Pricing, Appliances and Selections for this home may be subject to change. Photos are of community. Buyer to verify all information. This unit has the Contemporary package. Building A will have fenced in front yards!


Presented by Nicoleta Forbes at
Douglas Elliman- St. Petersburg.
Listing Agent Photo

Property MLS #U8230412 from StellarMLS

Bedrooms: 2
Primary Bedroom Dimensions: 13 x 16
Primary Bedroom Level: Third

Total Rooms: 4
Living Room Dimensions: 16.8 x 21
Loft Dimensions: 9.4 x 10
Living Room Level: Second
Loft Level: Third

Total Bathrooms: 3
Full Bathrooms: 2
1/2 Bathrooms: 1

Ceiling Fans(s)
High Ceilings
Open Floorplan
Solid Surface Counters
Wet Bar
Flooring: Luxury Vinyl, Tile

Dishwasher
Disposal
Electric Water Heater
Microwave
Range
Range Hood
Wine Refrigerator
Laundry Features: Laundry Closet

Cooling Features: Central Air
Heating Features: Central, Electric

Kitchen Dimensions: 16.8 x 19
Kitchen Level: Second

Irrigation System
Lighting
Outdoor Grill
Sidewalk
Road Surface Type: Paved

Builder Model: Franklin

Attached Garage: Yes
Garage Spaces: 1

Association: Yes
Association Fee: 257
Association Fee Frequency: Monthly
Association Fee Includes: Escrow Reserves Fund, Maintenance Grounds, Management
Calculated Total Monthly Association Fees: 257
Association Name: Shelly Bramm
Pets Allowed: Breed Restrictions, Number Limit
Pet Description: Pet Restrictions: Please check HOA docs., Pet Size: Extra Large (101+ Lbs.), Number Of Pets: 2

Lease Term: Minimum Lease: 6 Months

Community Features: Community Mailbox, Gated Community - No Guard, Sidewalks

Annual Tax Amount: 300
Source Listing Status: Active
County: Pinellas
Directions: From Central head South on MLK. Turn left on 6th Ave S. Community will be on the left side.
Tax Year: 2022
Ownership: Fee Simple
Source Property Type: Residential
Area: 33701 - St Pete
Property Subtype: townhouse
Source Neighborhood: INNOVATION TOWNHOMES
Parcel Number: 02-00-00-00000-000-0002
Subdivision: INNOVATION TOWNHOMES
Property Subtype: Townhouse
Source System Name: C2C

Relisted 2024-06-04
$780,000
StellarMLS
Listing removed 2024-06-01
$780,000
StellarMLS
Price Changed 2024-03-11
$780,000
StellarMLS
Listed 2024-02-09
$796,500
StellarMLS
Listing removed 2023-10-02
$789,900
StellarMLS
Listed 2023-09-20
$789,900
StellarMLS

Total Square Feet Living: 1857
Year Built: 2024
Builder Name: Peregrine Construction
Building Area Source: Builder
Building Area Total: 1857
Building Name: BUILDING A
Construction Materials: Block, Stucco
Direction Faces: West
Foundation Details: Slab
Levels: Three Or More
New Construction: Yes
Property Attached: Yes
Property Condition: Under Construction
Roof: Membrane, Shingle

Sewer: Public Sewer
Cable Available
Electricity Connected
Public
Water Connected
Water Source: Public

Campbell Park Elementary School is a public elementary school located approximately 0.2 miles away.
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John Hopkins Middle School is a public middle school located approximately 0.6 miles away.
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St. Petersburg High School is a public high school located approximately 1.7 miles away.
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Elim Seventh Day Adventist School is a private elementary and middle school located approximately 0.1 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.