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Renovated Freestanding Office Building
For Sale
$437,000

1221 E DR MARTIN LUTHER KING JR BOULEVARD, Tampa, FL 33603

Updated professional office setting with private offices, reception, break area, and fenced outdoor space.

Property Size756 SF
Lot Size0.15 Acres
Price / SF$578.04
Days on Market8

Property Features for 1221 E DR MARTIN LUTHER KING JR BOULEVARD

General Information

Standard status Active
Size 756 SF
Lot size 0.15 Acres
Property subtype Duplex

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Opportunity Zone Yes

Amenities

reception area
coffee bar/break area
fenced backyard
energy-efficient windows
luxury vinyl plank flooring
upgraded lighting
contemporary finishes
0.16 acres, Dimensions: 54x125
Shingle
Public Sewer
Additional parcels description:, Parcel Number: A-07-29-19-ZZZ-000005-88640.0, Public Survey Range: 19, Public Survey Section: 07, Annual Amount: $1,683.2, Tax Block: 5, Tax Book Number: 2-71, 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, Lot: 6750, Year: 2025, Zoning: CG
Luxury Vinyl
Mini-Split Unit(s)
Listing ID: MFRTB8535299, Standard Status: Active, MLS Status: Active, Property Subtype: Duplex, On market as of 2026-08-03, 3 days on market, Special Conditions: None
Driveway, Guest, Oversized, Parking Pad
2 total bedrooms
Built in 1920, Living area: 756, Living area units: Square Feet, Levels: One, Construction Materials: Asbestos
Subdivision: UNPLATTED, MLS Area (Major): 33603 - Tampa / Seminole Heights, County/Parish: Hillsborough
Completed, Other structures: Shed(s), Storage
1 total bathroom
Cable Available, Electricity Available, Phone Available, Water Source: Public
Crawlspace
Water
Road Surface: Asphalt
Dog Run, Garden, Private Entrance, Private Mailbox, Private Yard, Storage
Ninguno
Tankless Water Heater, Other equipment: Private Entrance, Private Yard

Building Details

Year Built 1920
Buildings 1
Listing Agency: SELLSTATE COASTAL REALTY
Listed By: Eriola Goldman · License #3314901
Source: Miharaandassociates
Added: Aug 3 Changed: Aug 9 Last Checked: Aug 10 at 7:36AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SELLSTATE COASTAL REALTY

Investment Insights

Based on property information with market context.

This freestanding office building contains 756 SF with two private offices, a reception area, a renovated restroom, and a coffee bar or break area with sink. Recent improvements include three new mini-split HVAC systems, a tankless water heater, energy-efficient windows, luxury vinyl plank flooring, upgraded lighting, and contemporary interior finishes. Front parking serves clients and employees, while the large fenced backyard adds functional outdoor space and may accommodate approximately 10 additional parking spaces subject to applicable approvals.

The property occupies a 6,750± SF lot along E. Martin Luther King Jr. Boulevard, with connections to Downtown Tampa, Ybor City, Seminole Heights, I-275, I-4, and the Selmon Expressway. It is also within a federally designated Opportunity Zone. Surrounding residential, retail, commercial, and mixed-use redevelopment provides established context for the property.

Key Highlights

  • 756 SF freestanding office building with two private offices and reception area
  • 6,750± SF lot with a large, fully fenced backyard
  • Approximately 10 additional parking spaces possible, subject to applicable approvals

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Law Firm Furniture & Home Goods Computer & Electronic Repair Skin Care Clinic Carpet & Flooring Store Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

581
Businesses Nearby

Demographics for 33603, FL

19,070
Population
9,592
Households
2
Avg Household Size
38
Median Age
39%
College-Educated
90%
High-School Grad
4.1 sq mi
ZIP Area
4,651
Density / Sq Mi
$64,632
Median Household Income
$43,136
Median Earnings
$1,320
Median Rent
$344,100
Median Home Value

Market

Vacancy Rate% for Office in Tampa, FL

13.8% 2019
14.2% 2020
19.1% 2021
22.3% 2022
21.9% 2023
20.7% 2024
18.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Updated professional office setting with private offices, reception, break area, and fenced outdoor space.
Where is this office building located?
The property is located at 1221 E DR MARTIN LUTHER KING JR BOULEVARD Tampa, FL.
What is the asking price?
The asking price for this property is $437,000.
What are key features of this property?
This property features: 756 SF freestanding office building with two private offices and reception area; 6,750± SF lot with a large, fully fenced backyard; Approximately 10 additional parking spaces possible, subject to applicable approvals
More about this property
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