
3531 DR MLK JR. DRIVE, ST PETERSBURG, FL, 33704
Active55 days on marketListed Jun 17, 2026MLS #TB8520390
About this home
3531 DR MLK JR. DRIVE
Pre-Construction. To be built. NEW CONSTRUCTION - UNBEATABLE VALUE - ALLENDALE PARK Nestled in the heart of St. Pete’s prestigious Allendale neighborhood, be the first to own this brand-new plan 4-bedroom, 3-bathroom home that provides FLOOD-RESISTANT luxury, space, and unbeatable value! Enjoy walkable access to top-tier amenities, including the luxurious 18-hole championship golf course at Vinoy Golf Club, state-of-the-art facilities at the brand-new Speer YMCA, and lighted tennis courts, soccer fields, and a playground at Puryear Park. Just a few blocks away, 4th Street is a dynamic retail corridor, with access to any dining option a family needs. Publix, Whole Foods, and Trader Joe’s are a convenient 5-minute drive, or eat out at the historic El Cap’s burger joint or pick up something quick at Fresh Kitchen/Chik-Fil-A, whatever you feel like! This 3100 sq/ft home boast an incredible gourmet kitchen, a true masterpiece for both culinary enthusiasts and entertainers. Equipped with high-end stainless-steel appliances and a generous island, this kitchen is a hub of creativity and connection. Whether you're preparing a family feast or hosting a soirée, this space will inspire culinary excellence. Upstairs, the primary suite is a sanctuary of tranquility, featuring a spacious layout and a spa-like en-suite bathroom with dual vanities, a soaking tub, and a separate shower. The two additional bedrooms on this level provide ample space for family and guests, each exuding comfort and style. Additionally, there is a bedroom and full bathroom on the first floor that can function as a guest room or at-home office space. The second floor also provides a large bonus room perfect for entertainment or a home theatre. Families will appreciate close proximity to private schools: Shorecrest Prep and Canterbury Private School, as well as highly rated public schools, Shore Acres Elementary and Northeast High. Young athletes are in close proximity to a plethora of leagues: Basketball @ Speer YMCA, Soccer @ Puryear Park, and Baseball @ Northeast Little League (< 5 min drive)! Boaters can enjoy access to a public boat ramp available at Crisp Park! Commuters will love the prime location—nestled between Gandy Boulevard and I-275, providing effortless access to Downtown St. Pete, Downtown Tampa, and beyond. Whether you're enjoying a morning walk along the waterfront, discovering downtown’s cultural gems, or unwinding on the nearby gorgeous Gulf Coast beaches, this home places you at the center of it all. Do not miss this opportunity to buy brand-new, FLOOD-RESISTANT construction in Allendale Park! PRE-CONSTRUCTION Buyers can choose from thousands of recently added interior and exterior finishes in our design studio alongside our designer. ACT NOW and contact one of our friendly New Home Specialists.
Facts & features
The home at a glance
4
Bedrooms
3
Bathrooms
3,100
Sqft
0.13 ac
Lot size
2
Garage
2026
Year built
Two
Levels
$355
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$6,922 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$6,922/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
−26.6%
$/sqft vs St Petersburg actives
$355 vs $327
Days on market
55 vs 57 typical
Where $355/sqft sits among the 400 St Petersburg actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Allendale
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know St Petersburg. See the full St Petersburg guide →
Allendale — neighborhood snapshot
Population
951
Median age
47
Median income
$90,954
Median home value
$351,752
Avg household
2
Households w/ children
74%
For the school run
Pinellas County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The St Petersburg market
$380K → $402K
St Petersburg median sold, yr/yr
95.8%
Sale-to-list ratio (12 mo)
225 of 400
St Petersburg actives have cut their price
Median sold price, St Petersburg, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 38% above the ST PETERSBURG 33704 median. See the full St Petersburg market guide →
Paper trail
This home's history
Reality check
What actually sold near 3531 DR MLK JR. DRIVE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · May ’26$1,775,000
416 15TH AVENUE NE
3 bd · 2.5 ba · 3,124 sqft · $568/sqft · 0 DOM
Sold · Dec ’25$1,750,000
615 16TH AVENUE NE
3 bd · 2.5 ba · 3,146 sqft · $556/sqft · 0 DOM
Sold · Oct ’25$1,600,000
311 12TH AVENUE N
4 bd · 3 ba · 3,191 sqft · $501/sqft · 71 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 3531 DR MLK JR. DRIVE — start here.

Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 3531 DR MLK JR. DRIVE — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
3531 DR MLK JR. DRIVE FAQs
What would the monthly payment be for 3531 DR MLK JR. DRIVE?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $6,922/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 3531 DR MLK JR. DRIVE?+
The most recent tax bill on record (2025) was $4,974. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 3531 DR MLK JR. DRIVE?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in St Petersburg?+
At $1,099,990, this home is listed about 153% above the St Petersburg median of $435,000. The market section on this page shows how the area is trending.
Which schools are assigned to 3531 DR MLK JR. DRIVE?+
John M. Sexton Elementary School (elementary), Meadowlawn Middle School (middle), St. Petersburg High School (high) — Pinellas County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of DOMAIN REALTY LLC · Kevin Robles. MLS #TB8520390.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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