1221 E Dr Martin Luther King Jr Boulevard, Tampa, FL 33603

$437,000
2
BD
1
BA
756
SqFt

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List Price
$437,000
Status
Active
Days on Market
0
MLS#
TB8535299
Property Style
Duplex
Year Built
1920
Bedrooms
2
Bathrooms
1
Living Area
756
Lot Size
6,750
Acres
0.16
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Unplatted
MLS Area Major
Tampa / Seminole Heights

Property Description

Completely renovated freestanding office building located along one of Tampa’s fastest-growing commercial corridors. This move-in-ready property offers a modern, professional environment ideal for attorneys, real estate professionals, insurance agencies, accountants, consultants, medical users, and other professional office or service-based businesses. The thoughtfully designed interior features two private offices, a welcoming reception area, a renovated restroom, and a stylish coffee bar/break area with sink. Recent capital improvements include three new mini-split HVAC systems, a tankless water heater, new energy-efficient windows, luxury vinyl plank flooring, upgraded lighting, and contemporary finishes throughout, creating a turnkey workspace with minimal maintenance requirements. Situated on a generous 6,750± SF lot, the property also features a large, fully fenced backyard with the potential to accommodate approximately 10 additional parking spaces (subject to applicable approvals), providing flexibility for future expansion, additional parking, outdoor workspace, or equipment storage. Existing front parking offers convenient access for clients and employees. Strategically positioned on E. Martin Luther King Jr. Boulevard, the property provides excellent connectivity to Downtown Tampa, Ybor City, Seminole Heights, I-275, I-4, and the Selmon Expressway, placing businesses within minutes of Tampa’s major employment centers and transportation routes. Adding to its investment appeal, the property is located within a federally designated Opportunity Zone, creating the potential for valuable tax advantages for qualified investors utilizing a Qualified Opportunity Fund. Buyers should consult their tax and legal advisors regarding eligibility and program requirements. Surrounded by ongoing residential, retail, commercial, and mixed-use redevelopment, this location continues to benefit from significant public and private investment, positioning the property for long-term appreciation and growth. Whether you’re an owner-user seeking a premium office location or an investor looking for a renovated asset in one of Tampa’s most active redevelopment corridors, this property presents an exceptional opportunity. Property Highlights Fully renovated freestanding office building Two private offices, reception area, restroom, and coffee bar Three new mini-split HVAC systems Tankless water heater New energy-efficient windows Luxury vinyl plank flooring and modern finishes 6,750± SF lot with large fenced backyard Potential for approximately 10 additional parking spaces (subject to approvals) Excellent visibility on E. Martin Luther King Jr. Boulevard Minutes to Downtown Tampa, Ybor City, Seminole Heights, I-275, I-4, and the Selmon Expressway Located within a federally designated Opportunity Zone

Additional Information

Taxes
$1683
Minimum Lease
No Minimum
Community Features
No Deed Restriction
Property Description
One Story
Zoning
CG
Interior Layout
Ninguno
Interior Features
Ninguno
Floor
Luxury Vinyl
Appliances
Tankless Water Heater
Utilities
Cable Available, Electricity Available, Phone Available
Heating
None
Air Conditioning
Mini-Split Unit(s)
Exterior Construction
Asbestos
Exterior Features
Dog Run, Garden, Private Entrance, Private Mailbox, Private Yard, Storage
Roof
Shingle
Foundation
Crawlspace
Pool
No Pool
Garage Features
Driveway, Guest, Oversized, Parking Pad
Flood Zone Code
X
Parcel ID
A-07-29-19-ZZZ-000005-88640.0
Legal Description
LOT BEG 712 1/4 FT W & 25 FT S OF NE COR OF NW 1/4 & RUN S 120 FT W 54.25 FT N 120 FT & E 54.25 FT TO BEG LESS NLY 6 FT FOR BUFFALO AVE R/W AND N 1/2 OF VACATED ALLEY ABUTTING ON S

Listing courtesy of SELLSTATE COASTAL REALTY. 813-940-0101

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