1203 E DR MARTIN LUTHER KING JR BOULEVARD Tampa, FL $ 670,000
1203 E DR MARTIN LUTHER KING JR BOULEVARD
$ 670,000
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1203 E DR MARTIN LUTHER KING JR BOULEVARD

Tampa, FL, 33603
$ 670,000
Bedrooms-- Baths-- Sq 4,476

Monthly Estimate*

$ 4,180

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Commercial Property for sale in Tampa, FL

for $670,000. This 4,476 square foot building was built in 1983 on a lot size of 0.23.

Investors! Income-Producing Opportunity! Take advantage of this incredible investment opportunity with two buildings ready to be completed for potential rental income! Ideally located on a high-visibility corner lot at MLK Jr Blvd and N 12th St, with convenient parking access off N 12th St. Building 1: Duplex (2 units) Building 2: Fourplex (4 units) Total Units: 6 rental units ready for your final touches. Updates Already in Place: Permitted Metal Roof (2019) for long-term durability. Individual Electric Panels for each unit Separate Water Meters already installed – ideal for tenant utility management. Prime Corner Location. High-traffic area with excellent exposure, located near public transit, businesses, and other amenities—perfect for future tenants. Finish the Vision & Maximize Returns. Whether you’re looking to hold for cash flow or flip for profit, this property is a rare opportunity to capitalize on multi-unit potential. There are some expired permits, and some work has not been completed. Buyer would need to pull permits and complete the work. Sold As-Is — Bring your contractor and vision to unlock the full value of this promising investment! There Seller is an investor and has never occupied the property.

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Commercial Pending

Price

$ 670,000

Property Type

Commercial

Taxes

$ 3,292

Style

Multi Family

Lot Size

0.23

Year Built

1983

Town/City

Tampa

County/Region

Hillsborough

MLS | Web ID

TB8389243

Features
General
Sewer Public Sewer
Heating Electric
Cooling None
Utilities Electricity Available
Zoning CG
Construction Materials Block
Year Built 1983
Property Subtype Multi Family
Tax Year 2024
Ownership Sole Proprietor
County Hillsborough
New Construction false
Property Type Commercial Sale
Subdivision Name BUFFALO PARK
Status Pending
Directions From I-275 N Exit 46B MLK Jr Blvd Right on MLS Jr Blvd Property will be on the right
City TAMPA
MLS Area 33603 - Tampa / Seminole Heights
Lot Size Units Square Feet
Lot Size Square Feet 9846
Listing Terms Cash Conventional
Tax Annual Amount 3292.75
Property Condition Fixer
Additional Parcels Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8389243
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Pending
Tax Lot 1
Legal Description BUFFALO PARK S 52.75 FT OF N 58.75 FT OF E 49.2 FT OF LOT 1 TOGETHER WITH THE FOLLOWING DESC PARCEL S 26.4 FT OF N 100 FT OF W 54.8 FT OF LOT 1 AND S 41.2 FT OF N 100 FT OF E 49.2 FT OF LOT 1 W 54.8 FT OF N 73.6 FT LESS NLY 6 FT FOR BUFFALO AVE R/W LOT I
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
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Interior
Total Stories 2
Air Conditioning Y/N false
Heating Y/N true
Total Baths 0
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Exterior
Water Source Public
Lot Size Area 9846
Foundation Details Slab
Number of Buildings 2
Building Area Total 4760
Lot Dimensions 50 x 50
Lot Size Acres 0.23
Road Surface Type Paved
Waterfront Y/N false
Road Frontage Type City Street
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* Excluded Features
List By
Demeter Properties Inc

Broker

heidi@thedemetergroup.com

Email

Affordability Calculator

$4,454
Per Month
94%
6%
0%
Monthly Principal & Interest
$4,180
Monthly Property Taxes
$274
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/19/2025$670,000 Listed Price

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1203 E DR MARTIN LUTHER KING JR BOULEVARD, Tampa, FL, 33603 is a Commercial Property for sale at $670,000 with 4,476 sqft and a lot size of 0.23. 1203 E DR MARTIN LUTHER KING JR BOULEVARD was built in 1983. The property's zip code is 33603 which is in Tampa, FL