1203 E DR MARTIN LUTHER KING JR BLVD Active

Tampa,FL 33603

$ 695000

- Bed

0 Bath

4476 SqFt


Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,476 sqft

Price per Sqft $155

Subdivision Buffalo Park

MLS Listing ID TB8389243

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

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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