IDX

Listed by Eriola Goldman · Courtesy of SELLSTATE COASTAL REALTY · 813-940-0101 · Agent MLS ID# MFR249523127 · Deemed reliable but not guaranteed. · Listing updated: Oct 3, 2026 · 1:31 PM

Active

1221 E DR MARTIN LUTHER KING JR BLVD

Tampa, Hillsborough, FL, 33603

$379,000

$501/sqft

2Beds
1Bath
756Sq Ft
1920Built
53Days on Market

About this home

Income-Producing Investment Opportunity – E. Martin Luther King Jr. Blvd, Tampa Situated on an approximately 6,750 SF lot, this income-producing commercial property offers much more than its building footprint. The oversized, fully fenced site combines a renovated office, ample parking, a large usable rear yard, outdoor storage and a dedicated storage shed—creating multiple ways for a tenant or owner-user to utilize the entire property and supporting strong rental potential of approximately $4,500/month ($54,000 annually). nvestment angle: A compact commercial asset with multiple usable components and the ability to generate approximately $54,000 in gross annual rental income—ideal for an investor looking for cash flow or an owner-user who wants to offset occupancy costs with a strategically located Tampa property. The property features a fully renovated office building with private offices, updated restroom, coffee bar, three mini-split HVAC systems, tankless water heater, new windows, upgraded lighting and modern flooring. The large fenced rear yard provides valuable additional utility, including outdoor storage plus one storage shed, creating flexibility for contractors, service businesses, trades, equipment storage or other commercial users. With potential rent of approximately $4,500 / month ($54,000 annually), the property offers compelling income potential relative to its size. The combination of office + secured outdoor storage + dedicated shed + parking allows an investor to market more than simply office space and potentially command a premium from users who need both workspace and storage. Additional highlights include high-visibility MLK frontage, approximately 4–5 front parking spaces, a large fenced rear area with potential for additional parking, Opportunity Zone location.

Facts & Features

MFRTB8535299
$379,000
Active
2
1
N/A
N/A
756 sqft
0.1600
1920
Residential Income
Duplex
N/A

Community Information

1221 E DR MARTIN LUTHER KING JR BLVD
Unplatted
Tampa
Hillsborough
FL
33603
No

Amenities

N/A
N/A
No
No
No

Interior

Ninguno
None
Mini-Split Unit(s)
Luxury Vinyl
N/A
N/A
Tankless Water Heater

Exterior

Storage, Private Mailbox, Garden, Dog Run, Private Yard, Private Entrance
Asbestos
Crawlspace
Shingle
N/A
N/A

School Information

N/A
N/A
N/A

Additional Information

August 3, 2026
53
CG
N/A
No

Mortgage Calculator

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This calculator provides estimates for informational purposes only and is not a loan offer, pre-approval, or commitment to lend. Actual rates, payments, and loan terms vary by lender and are subject to credit approval, income/asset verification, and market conditions. Property tax and homeowners insurance shown are estimates and may differ. PMI applies when the down payment is under 20%. For an official Loan Estimate, contact a licensed mortgage lender. SELLSTATE COASTAL REALTY is a licensed real estate brokerage, not a mortgage lender. Equal Housing Opportunity.

53 days on market

Listing updated: Oct 3, 2026 · 1:31 PM

Listed by: Eriola Goldman · 239-464-2510—SELLSTATE COASTAL REALTY · 813-940-0101

Updated from Real Estate Market Data

Location

AEAhmed ElbatrawyEmpire Network Realty

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