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Office Building with Fenced Yard
For Sale
$379,000

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

Renovated workspace pairs private offices with secure outdoor storage, a detached shed and on-site parking.

Property Size756 SF
Lot Size0.15 Acres
Days on Market69

Property Features for 1221 E DR MARTIN LUTHER KING JR BLVD

General Information

Standard status Active
Size 756 SF
Total Parking Spaces 5
Lot size 0.15 Acres
Property subtype Duplex

Financials

Gross Income $54,000
Opportunity Zone Yes

Additional Details

Road Access Yes

Taxes and HOA fees

Annual Taxes $1,683

Amenities

private offices
updated restroom
coffee bar
mini-split HVAC
tankless water heater
new windows
upgraded lighting
modern flooring
large fenced rear yard
outdoor storage
storage shed

Building Details

Building Size 756 SF
Year Built 1920
Listing Agency: SELLSTATE COASTAL REALTY
Listed By: Eriola Goldman · License #3314901
Source: Judibeck
Added: Aug 3 Changed: Oct 8 Last Checked: Oct 9 at 11:58PM

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 renovated office property combines private offices with a coffee bar and an updated restroom. Improvements include three mini-split HVAC systems, a tankless water heater, replacement windows, upgraded lighting and modern flooring. The building dates to 1920 and occupies an approximately 6,750-square-foot lot.

A fenced rear yard accommodates outdoor storage and a dedicated shed. The site also has approximately 4–5 front parking spaces, with additional parking potential in the rear area. The property is on E. Dr. Martin Luther King Jr. Boulevard in Tampa and is located in an Opportunity Zone.

Key Highlights

  • Renovated office with private offices, updated restroom and coffee bar
  • Three mini‑split HVAC systems and a tankless water heater
  • Approximately 6,750‑square‑foot lot

Property Analytics

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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
Paved road access

Location Intelligence

Trade Area within ½ mile

706
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Frequently Asked Questions

What type of property is this?
Office building - Renovated workspace pairs private offices with secure outdoor storage, a detached shed and on-site parking.
Where is this office building located?
The property is located at 1221 E DR MARTIN LUTHER KING JR BLVD Tampa, FL.
What is the asking price?
The asking price for this property is $379,000.
What are key features of this property?
This property features: Renovated office with private offices, updated restroom and coffee bar; Three mini‑split HVAC systems and a tankless water heater; Approximately 6,750‑square‑foot lot
More about this property
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