1221 E DR MARTIN LUTHER KING JR BLVD Tampa, FL 33603
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Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 756 sqft
Price per Sqft $578
Subdivision Unplatted
MLS Listing ID TB8532723
Bedrooms 2
Full Baths 1
Construction Status Completed
HOA Y/N No
Year Built 1920
Annual Tax Amount $1,683
Lot Size 6,969 Sqft
Acres 0.16
Lot Dimensions 54x125
Property Sub-Type Single Family Residence
Source Stellar MLS
Property Description
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
Location
State FL
County Hillsborough
Community Unplatted
Area 33603 - Tampa / Seminole Heights
Zoning CG
Interior
Interior Features Ninguno
Heating None
Cooling Mini-Split Unit(s)
Flooring Luxury Vinyl
Furnishings Unfurnished
Fireplace false
Appliance Tankless Water Heater
Laundry None
Exterior
Exterior Feature Dog Run, Garden, Private Entrance, Private Mailbox, Private Yard, Storage
Parking Features Driveway, Guest, Oversized, Parking Pad
Fence Fenced
Utilities Available Cable Available, Electricity Available, Phone Available
View Y/N No
Water Access No
Roof Type Shingle
Exposure North
Garage false
Private Pool No
Building
Story 1
Entry Level One
Foundation Crawlspace
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Unit Floor 1
Structure Type Asbestos
New Construction false
Construction Status Completed
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, Other
Listing Terms Cash, Conventional, FHA, Other
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8532723
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