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    120 E Dr Martin Luther King Jr Blvd Tampa, FL 33603

    For Lease
    $24 SF/Yr ($3,300 /Mo)

    Modern, renovated office space with ample parking and natural light.

    Property size:
    1,650 SF
    Lot size:
    0.47 Acres

    Property Features for 120 E Dr Martin Luther King Jr Blvd

    General Information

    Size
    1,650 SF
    Lot size
    0.47 Acres

    Source: Bay Street Commercial Agent Michael Braccia, P.A.

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Office Space Near Downtown

    Suite 110 offers 1,650 square feet of space available for immediate occupancy. This single-story medical/professional office building, constructed in 2003 and recently renovated, is situated on Dr. Martin Luther King Jr Boulevard, west of I-275, in the South Seminole Heights neighborhood. The building features a modern aesthetic, high ceilings, abundant natural light, and ample parking. The entryway includes floor-to-ceiling glass, leading to a private waiting room suitable for 10-12 guests. A hallway provides access to six private office spaces/exam rooms, a large break room, and a private ADA restroom. The property is suitable for a professional practice seeking proximity to the downtown market or a medical practitioner aiming to serve the surrounding residential neighborhoods. The location benefits from a traffic count of 28,000 vehicles per day. The estimated CAM is $8.50. The initial estimated monthly rent is $4,469, including the base rate and CAM, plus applicable sales tax. The property has approved medical use.
    Insight Report Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tampa
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.4606052
    Latitude
    27.9817479

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    FAQs

    What type of property is this?
    Medical office - Modern, renovated office space with ample parking and natural light.
    Where is this medical office located?
    The property is located at 120 E Dr Martin Luther King Jr Blvd Tampa, FL.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: - Recently renovated with modern aesthetic, high ceilings and lots of natural light.; - 1,650 SF space available for immediate occupancy with approved medical use.; - Located in South Seminole Heights on Dr. Martin Luther King Jr Blvd, just west of I-275, close to downtown and residential neighborhoods.
    (813) 625-2375
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    120 E Dr Martin Luther King Jr Blvd Tampa, FL 33603
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    120 E Dr Martin Luther King Jr Blvd Tampa, FL 33603
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