1221 E DR MARTIN LUTHER KING JR BOULEVARD Tampa, FL $ 399,000
1221 E DR MARTIN LUTHER KING JR BOULEVARD
$ 399,000
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1221 E DR MARTIN LUTHER KING JR BOULEVARD

Tampa, FL, 33603
$ 399,000
Bedrooms2 Baths1.0 Sq 756

Monthly Estimate*

$ 2,519

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Single Family Home for sale in Tampa, FL

for $399,000 with 2 bedrooms and 1 full bath. This 756 square foot home was built in 1920 on a lot size of 0.16.

The property sits on an approximately 6,750 SF lot and offers convenient front parking plus a large fenced rear yard, providing potential for additional parking or other uses subject to applicable zoning and municipal approvals. The combination of a compact, functional building and oversized lot creates flexibility for a variety of professional and service-oriented users. Ideal for an owner-user looking to control occupancy costs and build equity, or an investor seeking a renovated Tampa commercial asset with leasing and long-term appreciation potential. The property is positioned along a major Tampa thoroughfare with convenient access to surrounding neighborhoods, employment centers, Downtown Tampa, Ybor City, Seminole Heights, and major transportation routes. Located within an Opportunity Zone, adding another element of potential appeal for qualifying investors. The property is currently being marketed based on its real estate, location, improvements, and future income potential rather than historical operating performance. Exceptional opportunity to own a fully renovated, freestanding commercial property along the highly visible E. Martin Luther King Jr. Blvd corridor in Tampa. This turnkey property offers an efficient professional layout featuring two private offices, a renovated restroom, coffee bar, updated flooring, upgraded lighting, new windows, three mini-split HVAC systems, and a tankless water heater.

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Single Family Active

Price

$ 399,000

Bedrooms

2

Full Bath

1

Property Type

Single Family

Taxes

$ 1,683

Style

Single Family Residence

Lot Size

0.16

Year Built

1920

Town/City

Tampa

County/Region

Hillsborough

MLS | Web ID

TB8532723

Features
General
Sewer Public Sewer
Heating None
Cooling Mini-Split Unit(s)
Utilities Cable Available Electricity Available Phone Available
Roof Shingle
Appliances Tankless Water Heater
Zoning CG
Construction Materials Asbestos
Year Built 1920
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
County Hillsborough
New Construction false
Property Type Residential
Subdivision Name UNPLATTED
Facing Direction North
Garage Y/N false
Other Structures Shed(s) Storage
Total Rooms 3
Full Baths 1
Status Active
Directions Driving Directions: From I-275 take Exit 46A for Dr. Martin Luther King Jr. Blvd. (SR 574) and head east. Continue approximately 1.5 miles. The property is located on the right at 1221 E. Martin Luther King Jr. Blvd. Tampa FL 33603. Or if approaching from Downtown Tampa: Driving Directions: From Downtown Tampa head north on N. Nebraska Ave. turn right onto E. Martin Luther King Jr. Blvd. (SR 574) and continue east. The property will be on the right at 1221 E. Martin Luther King Jr. Blvd. Tampa FL 33603.
City TAMPA
Senior Community Y/N false
MLS Area 33603 - Tampa / Seminole Heights
Lot Size Units Square Feet
Lot Size Square Feet 6750
Carport Y/N false
Listing Terms Cash Conventional FHA Other
Land Lease Y/N false
Tax Annual Amount 1683.2
Property Condition Completed
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8532723
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Vacant
Tax Lot 6750
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
Minimum Lease No Minimum
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
In Law Suite YN false
Flood Zone Code X Y
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Interior
Interior Amenities Ninguno
Flooring Luxury Vinyl
Furnished Y/N Unfurnished
Total Stories 1
Air Conditioning Y/N true
Heating Y/N false
Fireplace Y/N false
Half Baths 0
Laundry Features None
Total Bedrooms 2
Total Baths 1
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Exterior
Exterior Amenities Dog Run Garden Private Entrance Private Mailbox Private Yard Storage
Vegetation Oak Trees
Fencing Fenced
Parking Features Driveway Guest Oversized Parking Pad
Water Source Public
Lot Size Area 6750
Foundation Details Crawlspace
Spa false
Building Area Total 756
Lot Dimensions 54 x 125
Lot Size Acres 0.16
Road Surface Type Asphalt
Private Pool false
Waterfront Y/N false
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* Excluded Features
List By
eri@pegasusgroupus.com

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Affordability Calculator

$2,660
Per Month
95%
5%
0%
Monthly Principal & Interest
$2,519
Monthly Property Taxes
$140
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
8/12/2026$399,000 -8.70% Price Down
7/25/2026$437,000 Listed Price

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1221 E DR MARTIN LUTHER KING JR BOULEVARD, Tampa, FL, 33603 is a Single Family Home for sale at $399,000 with 756 sqft and a lot size of 0.16. 1221 E DR MARTIN LUTHER KING JR BOULEVARD has 2 bedrooms, 1.0 baths, and was built in 1920. The property's zip code is 33603 which is in Tampa, FL