Active

$437,000

Features:
  • 2 Bedrooms
  • 1 Bathrooms
  • 756 sq ft
Overview
  • ID: MFRTB8535299
  • Bedrooms: 2
  • Bathrooms: 1
  • Size: 756 sq ft
Property Details
Remarks
Completely renovated freestanding office building located along one of Tampa’s fastest-growing commercial corridors. This move-in-ready property offers a modern, professional environment ideal for attorneys, real estate professionals, insurance agencies, accountants, consultants, medical users, and other professional office or service-based businesses. The thoughtfully designed interior features two private offices, a welcoming reception area, a renovated restroom, and a stylish coffee bar/break area with sink. Recent capital improvements include three new mini-split HVAC systems, a tankless water heater, new energy-efficient windows, luxury vinyl plank flooring, upgraded lighting, and contemporary finishes throughout, creating a turnkey workspace with minimal maintenance requirements. Situated on a generous 6,750± SF lot, the property also features a large, fully fenced backyard with the potential to accommodate approximately 10 additional parking spaces (subject to applicable approvals), providing flexibility for future expansion, additional parking, outdoor workspace, or equipment storage. Existing front parking offers convenient access for clients and employees. Strategically positioned on E. Martin Luther King Jr. Boulevard, the property provides excellent connectivity to Downtown Tampa, Ybor City, Seminole Heights, I-275, I-4, and the Selmon Expressway, placing businesses within minutes of Tampa’s major employment centers and transportation routes. Adding to its investment appeal, the property is located within a federally designated Opportunity Zone, creating the potential for valuable tax advantages for qualified investors utilizing a Qualified Opportunity Fund. Buyers should consult their tax and legal advisors regarding eligibility and program requirements. Surrounded by ongoing residential, retail, commercial, and mixed-use redevelopment, this location continues to benefit from significant public and private investment, positioning the property for long-term appreciation and growth. Whether you’re an owner-user seeking a premium office location or an investor looking for a renovated asset in one of Tampa’s most active redevelopment corridors, this property presents an exceptional opportunity. Property Highlights Fully renovated freestanding office building Two private offices, reception area, restroom, and coffee bar Three new mini-split HVAC systems Tankless water heater New energy-efficient windows Luxury vinyl plank flooring and modern finishes 6,750± SF lot with large fenced backyard Potential for approximately 10 additional parking spaces (subject to approvals) Excellent visibility on E. Martin Luther King Jr. Boulevard Minutes to Downtown Tampa, Ybor City, Seminole Heights, I-275, I-4, and the Selmon Expressway Located within a federally designated Opportunity Zone
Financial Considerations
Price:
$437,000
HOA Fee:
N/A
Tax Amount:
$1683.2
Price per SqFt:
$578.04
Tax 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
Exterior Features
Lot Size:
6750
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
Driveway, Guest, Oversized, Parking Pad
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
2
Bathrooms:
1
Heating:
None
Cooling:
Mini-Split Unit(s)
Appliances:
Tankless Water Heater
Furnished:
Yes
Floor:
Luxury Vinyl
Levels:
One
Additional Features
Property Sub Type:
Duplex
Style:
N/A
Year Built:
1920
Construction Type:
Asbestos
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Dog Run, Garden, Private Entrance, Private Mailbox, Private Yard, Storage
Additional Features 2:
N/A
Map
  • Address
    1221 E DR MARTIN LUTHER KING JR BLVD
Contact a Professional
Why Choose Us?
  • Communication and Transparency
  • Skilled Negotiation
  • Robust Professional Network
  • After-Sale Support
Featured Properties

Related Properties

avt
Daniel Dourado
$ 319,000
avt
Daniel Dourado
$ 240,000
avt
Daniel Dourado
$ 3,250,000
avt
Daniel Dourado
$ 799,000
img
  • Featured
  • Active
Duplex

519 BLACKBIRD LN #A & B

  • 6
  • 4
  • 215 m²
avt
Daniel Dourado
$ 529,900
img
  • Featured
  • Active
Duplex

2245 BAHIA VISTA ST

  • 3
  • 2
  • 153 m²
avt
Daniel Dourado
$ 499,000
avt
Daniel Dourado
$ 1,950,000
avt
Daniel Dourado
$ 515,000
img
  • Featured
  • Active
Duplex

8210 N KLONDYKE ST

  • 5
  • 3
  • 157 m²
avt
Daniel Dourado
$ 369,000
img
  • Featured
  • Active
Duplex

1245 SHORE VIEW DR

  • 4
  • 4
  • 246 m²
avt
Daniel Dourado
$ 1,499,000
avt
Daniel Dourado
$ 1,075,000
avt
Daniel Dourado
$ 660,000