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About this home
4939 Dr Martin Luther King Jr St N is a 1959-built home in Arcadia Sub, St Petersburg. Inside you'll find 2 bedrooms, 1 bathrooms, and 936 square feet of living space. Listed at $314,900 (about $336/sqft), 108 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
Welcome to this beautifully maintained 2-bedroom, 1-bath home located in a non-flood zone, offering timeless character, major recent upgrades, and an unbeatable St. Petersburg location. Enjoy peace of mind with a brand-new roof (2025), completely upgraded electrical system with new panel box (2025), and numerous additional improvements that make this home an exceptional value for homeowners and investors alike. Step inside to discover beautiful hardwood floors that flow throughout the living spaces, creating warmth and character. The spacious living room is filled with natural light, while the kitchen features abundant wood cabinetry, generous counter space, a new oven (2025), refrigerator (2024), and plenty of room for everyday cooking and entertaining. Both bedrooms are comfortably sized with hardwood flooring, and the well-appointed bathroom completes the interior. Additional updates include a central HVAC system (2020), indoor air quality UV light purifier (2025), water heater (2019), and washer and dryer (2019), providing comfort and efficiency for years to come. Outside, enjoy a fully fenced backyard with plenty of room for pets, play, gardening, or entertaining. A detached storage shed provides additional space for lawn equipment and seasonal items, while the attached one-car garage with convenient alley access offers secure parking, laundry, and even more storage. Ideally located just minutes from Downtown St. Petersburg, I-275, shopping, dining, parks, and entertainment, this home offers outstanding convenience with easy access throughout Tampa Bay. Whether you're searching for your next primary residence or a fantastic investment opportunity, this well-maintained property combines classic charm, significant system upgrades, and an exceptional location. Schedule your private showing today!
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The essentials
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$314,900
$336 per sq ft
Beds and baths
2 beds, 1 baths
Size
936 sq ft
Time on market
108 days
Year built
1959
Monthly payment
About $2,005/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $2,466 annual tax bill, insurance.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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