1221 E DR MARTIN LUTHER KING JR BOULEVARD TAMPA FL 33603 | MLS #TB8535299 | Gary Kusher | Florida Real Estate

1221 E DR MARTIN LUTHER KING JR BOULEVARD
TAMPA, FL, 33603
$399,000
2 Beds
1 Baths
756 SqFt
0.16 Acres
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MLS #TB8535299 image #0
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.

Property Details

Price:
$399,000
MLS #:
TB8535299
Status:
Active
Beds:
2
Baths:
1
Type:
Multi Family
Subtype:
Duplex
Subdivision:
UNPLATTED
Neighborhood:
33603tampaseminoleheights
Listed Date:
Aug 3, 2026
Finished Sq Ft:
756
Total Sq Ft:
756
Lot Size:
6,750 sqft / 0.16 acres (approx)
Year Built:
1920
33603 – Tampa / Seminole Heights33603tampaseminoleheightsUnplattedNo Minimum

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Schools

Interior

Appliances
Tankless Water Heater
Cooling
Mini-Split Unit(s)
Flooring
Luxury Vinyl
Heating
None
Interior Features
Ninguno
Laundry Features
None
Levels
One

Exterior

Construction Materials
Asbestos
Exterior Features
Dog Run, Garden, Private Entrance, Private Mailbox, Private Yard, Storage
Open Parking YN
1
Other Structures
Shed(s), Storage
Parking Features
Driveway, Guest, Oversized, Parking Pad
Roof
Shingle

Financial

Tax Year
2025
Taxes
$1,683

Map

Community

Subdivisions in TAMPA

Market Summary

Current real estate data for Multi Family in TAMPA as of Sep 06, 2026
91
Multi Family Listed
124
Avg DOM
295
Avg $ / SqFt
$736,678
Avg List Price

Property Summary

    Located in the UNPLATTED subdivision, 1221 E DR MARTIN LUTHER KING JR BOULEVARD TAMPA FL is a Multi Family for sale in TAMPA, FL, 33603. It is listed for $399,000 To schedule a showing of MLS#tb8535299 at 1221 E DR MARTIN LUTHER KING JR BOULEVARD in TAMPA, FL, contact your CENTURY 21 Carioti agent at 2392986550.

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1221 E DR MARTIN LUTHER KING JR BOULEVARD
TAMPA, FL