Dr Martin Luther King Jr St S / 15th Ave S median real estate price is $101,346, which is less expensive than 90.4% of Florida neighborhoods and 81.4% of all U.S. neighborhoods.
The average rental price in Dr Martin Luther King Jr St S / 15th Ave S is currently $883, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 92.2% of Florida neighborhoods.
Dr Martin Luther King Jr St S / 15th Ave S is an urban neighborhood (based on population density) located in St. Petersburg, Florida.
Dr Martin Luther King Jr St S / 15th Ave S real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Dr Martin Luther King Jr St S / 15th Ave S neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
Vacant apartments or homes are a major fact of life in Dr Martin Luther King Jr St S / 15th Ave S. The current real estate vacancy rate here is 25.2%. This is higher than the rate of vacancies in 91.1% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.