There are multiple listings for this address:
1221 E DR MARTIN LUTHER KING JR BOULEVARD
TAMPA, FL, 33603
$379,000
2 Beds
1 Baths
756 SqFt
0.16 Acres
Add
MLS #TB8532723 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:
$379,000
MLS #:
TB8532723
Status:
Active
Beds:
2
Baths:
1
Type:
Single Family
Subtype:
Duplex
Subdivision:
UNPLATTED
Neighborhood:
33603tampaseminoleheights
Listed Date:
Jul 24, 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

Market Summary

Current real estate data for Single Family in TAMPA as of Oct 19, 2026
2,731
Single Family Listed
106
Avg DOM
349
Avg $ / SqFt
$816,394
Avg List Price

Property Summary

    Located in the UNPLATTED subdivision, 1221 E DR MARTIN LUTHER KING JR BOULEVARD TAMPA FL is a Single Family for sale in TAMPA, FL, 33603. It is listed for $379,000 and features 2 beds, 1 baths, and has approximately 756 square feet of living space, and was originally constructed in 1920. The current price per square foot is $501. The average price per square foot for Single Family listings in TAMPA is $349. The average listing price for Single Family in TAMPA is $816,394. To schedule a showing of MLS#tb8532723 at 1221 E DR MARTIN LUTHER KING JR BOULEVARD in TAMPA, FL, contact your InvestPro Properties, Inc. agent at 561-203-7022.

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1221 E DR MARTIN LUTHER KING JR BOULEVARD
TAMPA, FL
1221 E DR MARTIN LUTHER KING JR BOULEVARD
TAMPA, FL, 33603
$379,000
2 Beds
1 Baths
756 SqFt
0.16 Acres
Add
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:
$379,000
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

Ask a Question

See this Listing

Send
  

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

Market Summary

Current real estate data for Multi Family in TAMPA as of Oct 19, 2026
2,731
Multi Family Listed
106
Avg DOM
349
Avg $ / SqFt
$816,394
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 $379,000 To schedule a showing of MLS#tb8535299 at 1221 E DR MARTIN LUTHER KING JR BOULEVARD in TAMPA, FL, contact your InvestPro Properties, Inc. agent at 561-203-7022.

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