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    Assembly Building with Two Buildings Title is generated by Realmo AI

    2222 E DR MARTIN LUTHER KING JR BOULEVARD, Tampa, FL 33610

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    For Sale
    $500,000

    Assembly Building - TAMPA, FL

    Property size:
    2,675 SF
    Lot size:
    0.22 Acres
    Price / SF:
    $186/SF
    Added:
    Jun 19, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 19 at 11:06 pm

    Property Features for 2222 E DR MARTIN LUTHER KING JR BOULEVARD

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    CI
    Standard status
    Active
    APN
    A-05-29-19-4A2-000006-00023.0
    Size
    2,675 SF
    Lot size
    0.22 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    5230.76

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1950
    Building materials
    Block
    Architectural style
    Other

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    Listing Contact
    Eddie Serralles

    Listing agent Eddie Serralles License #508984

    Listing office SERRALLES GROUP,INC 2324 N. Highland Ave., Tampa, FL

    Listing date Jun 19, 2026

    MLS# TB8521376 Listing URL

    Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Block construction commercial/retail property built in 1950
    • Central air cooling
    • Two separate buildings on an oversized lot for flexible use
    • Formerly operated as a daycare/nursery
    • Multiple possible uses listed: childcare, office space, community service, retail, or redevelopment

    Overview

    This property consists of an assembly-style commercial building with two separate buildings on an oversized lot. It was formerly operated as a daycare nursery and includes functional interior layouts along with a generous outdoor area that can support a variety of site ideas, including outdoor play space, parking, or future expansion.

    The property is located in Tampa, Florida and is zoned CI. As described, it sits within a well-established neighborhood and provides convenient access to major roads, with proximity to local residential communities and daily amenities.

    For tenants, buyers, and operators, the configuration is intended to accommodate multiple directions, including childcare, office space, community service uses, retail, or redevelopment. Because the site is divided into two buildings, it may also support different operational needs under one ownership. Zoning and the existing layout can help streamline planning for use types that fit within the CI district. This is offered as a short sale and has been positioned as a unique, versatile commercial and retail opportunity—ideal for parties looking for flexibility in how the buildings and outdoor space are ultimately utilized.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $55.9k $20.88
    − Vacancy −$13.9k −$5.18
    EGI $42.0k $15.70
    − OpEx −$10.5k −$3.93
    NOI $31.5k $11.78
    2,675 SF · lease $20.88/SF/yr · vacancy 24.80% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $450.0K
    $393.8K – $525.0K (±1% cap)
    NOI $31,502 @ 7.0% cap · market cap 6.30%
    Second Best
    Retail
    $440.6K
    $385.5K – $514.0K (±1% cap)
    NOI $30,840 @ 7.0% cap · market cap 6.17%
    Theoretical Best
    Office A
    $617.0K
    $539.8K – $719.8K (±1% cap)
    NOI $43,187 @ 7.0% cap · market cap 8.64%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Day care centers

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Similar Places Nearby

    • Linda's Day Care Center — 3402 E 32nd Ave, Tampa, FL 33610
    • Lola's Childcare Center — 4017 N 34th St, Tampa, FL 33610
    • Cassandras Day Care — 3507 E 38th Ave, Tampa, FL 33610
    • Keyona Griffin Family Childcare Home — 4408 N 25th St, Tampa, FL 33610
    • New Friendship Daycare — 3107 E Lake Ave, Tampa, FL 33610

    Location Insight

    • Map
    • Local Demand
    City
    Tampa
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.432967
    Latitude
    27.981739

    FAQs

    What type of property is this?
    Day care center - Two-building site on an oversized lot, previously operated as a daycare nursery, offering flexible commercial and community uses.
    Where is this day care center located?
    The property is located at 2222 E DR MARTIN LUTHER KING JR BOULEVARD Tampa, FL.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: Block construction commercial/retail property built in 1950; Central air cooling; Two separate buildings on an oversized lot for flexible use
    More about this property
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