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1221 e dr martin luther king jr blvd

1221 E DR MARTIN LUTHER KING JR BLVD, TAMPA, FL 33603

2

BEDS

756

SQ.FT.

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Property Highlights

TYPE

Duplex

BEDROOMS

2

LIVING AREA

756 sq.ft.

LOT SIZE

0.16 acres

YEAR BUILT

1920

NEW CONSTRUCTION

No

SELLING FIRM

Sellstate Coastal Realty

MLS #

TB8535299

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

Interior Features
Ninguno
Appliances
Tankless Water Heater
Cooling
Mini-Split Unit(s)
Fireplace
No
Exterior Features
Dog Run, Garden, Private Entrance, Private Mailbox, Private Yard, Storage
Community Pool
No
Waterfront
No
Featured City
Tampa
Neighborhood
Ybor City
County
Hillsborough
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Listings courtesy of Stellar MLS as distributed by MLS GRID based on information submitted to the MLS GRID as of Sat, 05 Sep 2026 08:10:48 GMT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Property information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID, and the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.