3408 E Dr Martin Luther King Jr Blvd Tampa, FL 33610

Listing agency Verdad Commercial Real Estate

Listed by James Vestal · License #FLBK3220573

Source Crexi

Added: Apr 24 Updated: Jul 23 at 12:07AM Checked: Jul 23 at 12:07AM

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Investment Insights

Based on property information with market context.

This newly renovated income-producing multifamily property includes ten 2-bedroom, 1-bath units, each approximately 690 SF. The building was built in 1959 and fully modernized in 2024, with upgrades including TPO roofing, new plumbing systems, upgraded electrical panels, and efficient mini-split HVAC units. The overall setup is designed to operate with limited near-term capital needs.

The property is located at 3408 E Dr Martin Luther King Jr Blvd in Tampa, FL and sits on a 1.45-acre parcel that supports outdoor space and parking. In addition to the main parcel, the offering includes a separate 0.25-acre MOL tract fronting E Dr Martin Luther King Jr Blvd.

The fronting tract is commercially zoned and may support retail, office, or mixed-use development, providing an additional avenue to generate supplemental income or enhance buyer exit value.

Key Highlights

• 10‑unit multifamily property with ten 2 bed / 1 bath units, each approx. 690 SF
• Fully modernized in 2024 with TPO roofing, new plumbing systems, upgraded electrical panels, and mini‑split HVAC units
• Built in 1959 and set on a 1.45‑acre parcel with ample parking and outdoor space

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FAQs

What type of property is this?

Apartment building - Newly renovated multifamily asset with ten 2-bedroom units and multiple 2024 system upgrades on a large parcel.

Where is this apartment building located?

The property is located at 3408 E Dr Martin Luther King Jr Blvd Tampa, FL.

What are key features of this property?

This property features: 10‑unit multifamily property with ten 2 bed / 1 bath units, each approx. 690 SF; Fully modernized in 2024 with TPO roofing, new plumbing systems, upgraded electrical panels, and mini‑split HVAC units; Built in 1959 and set on a 1.45‑acre parcel with ample parking and outdoor space