1203 E DR MARTIN LUTHER KING JR BLVD, TAMPA, FL, 33603
$670,000
Commercial Sale
Living Area
4,476 Sqft
Lot Size
9,846 Sqft
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.
Property Details
Property Features Property Features
MLS ID: MFRTB8389243 Year Built: 1983
Construction Materials: Block Cooling: None
Country: US County Or Parish: Hillsborough
Foundation Details: Slab Heating: Electric
Listing Agreement: Exclusive Right To Sell Listing Terms: Cash, Conventional
Property Condition: Fixer Property Sub Type: Multi Family
Property Type: Commercial Sale Road Frontage Type: City Street
Road Surface Type: Paved Sewer: Public Sewer
Showing Requirements: Combination Lock Box Special Listing Conditions: None
Standard Status: Active State Or Province: FL
Utilities: Electricity Available Water Source: Public
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