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1203 E DR MARTIN LUTHER KING JR BLVD Tampa, FL 33603
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Key Details
Sold Price $650,000
Property Type Commercial
Sub Type Multi-Family 5+
Listing Status Sold
Purchase Type For Sale
Square Footage 4,476 sqft
Price per Sqft $145
Subdivision Buffalo Park
MLS Listing ID TB8389243
Sold Date 02/04/26
Construction Status Fixer
HOA Y/N No
Year Built 1983
Annual Tax Amount $3,292
Lot Size 10,018 Sqft
Acres 0.23
Lot Dimensions 50x50
Property Sub-Type Multi-Family 5+
Source Stellar MLS
Property Description
Investors! Income-Producing Opportunity! Take advantage of this incredible investment opportunity with two buildings ready to be completed for potential rental income! Ideally located on a high-visibility corner lot at MLK Jr Blvd and N 12th St, with convenient parking access off N 12th St. Building 1: Duplex (2 units) Building 2: Fourplex (4 units) Total Units: 6 rental units ready for your final touches. Updates Already in Place: Permitted Metal Roof (2019) for long-term durability. Individual Electric Panels for each unit Separate Water Meters already installed – ideal for tenant utility management. Prime Corner Location. High-traffic area with excellent exposure, located near public transit, businesses, and other amenities—perfect for future tenants. Finish the Vision & Maximize Returns. Whether you're looking to hold for cash flow or flip for profit, this property is a rare opportunity to capitalize on multi-unit potential. There are some expired permits, and some work has not been completed. Buyer would need to pull permits and complete the work. Sold As-Is — Bring your contractor and vision to unlock the full value of this promising investment! There Seller is an investor and has never occupied the property.
Location
State FL
County Hillsborough
Community Buffalo Park
Area 33603 - Tampa / Seminole Heights
Zoning CG
Interior
Heating Electric
Cooling None
Exterior
Utilities Available Electricity Available
Building
Story 2
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Construction Status Fixer
Others
Ownership Sole Proprietor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with Michal Winiarek MICHAL J WINIAREK
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