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507 E Dr Martine Luther King Blvd, Tampa, Florida 33603

  • $1,250,000
  • $1,300,000
507 E DR MARTIN LUTHER KING JR BOULEVARD, Tampa, FL 33603
Active For Sale Completed
507 E Dr Martine Luther King Blvd, Tampa, Florida 33603
507 E DR MARTIN LUTHER KING JR BOULEVARD, Tampa, FL 33603
  • $1,250,000
  • $1,300,000

Overview

Property ID: HZTB8523636
  • Retail, Commercial Sale
  • Property Type
  • 4350
  • Sqft
  • 1964
  • Year Built

Description

Prime Tampa Investment Opportunity — Dual-Building Medical & Retail Portfolio 507 E Dr. Martin Luther King Jr. Blvd. | Tampa, FL 33603 Asking Price: $1, 300, 000 | Cap Rate: 7.1 | Total SF: 3, 810 SF | Two Buildings | Both Fully Leased Rarely does a stabilized, income-producing asset become available in a location this commanding. Positioned at the high-visibility intersection of I-275 and Dr. Martin Luther King Jr. Boulevard — one of Tampa’s most heavily trafficked corridors — this dual-building portfolio offers investors an immediate, turn-key opportunity. This offering includes two freestanding buildings situated on a shared, generously sized parking lot. Building 1 — Medical Clinic | ±2, 100 SF Completely remodeled within the past year, this medical-grade facility features a new roof and fully updated interior, offering a modern, upscale environment. Currently leased to a professional medical tenant, this building represents a low-maintenance, high-quality asset for any investment portfolio. Building 2 — Retail | ±1, 710 SF An established retail presence with a professional tenant in place, benefiting from exceptional street visibility and the high foot and vehicle traffic this location commands. Location is everything — and this property delivers. Situated at the nexus of I-275 and MLK Blvd., the site enjoys outstanding regional accessibility and exposure to thousands of daily commuters. The presence of a McDonald’s immediately adjacent confirms the strength of this trade area and the built-in consumer demand that surrounds it. This is Central Tampa at its most accessible. Immediate cash flow — no lease-up risk

  • Address 507 E DR MARTIN LUTHER KING JR BOULEVARD
  • City TAMPA
  • State/county FL
  • Zip/Postal Code 33603
  • Country US

Details

Updated on October 11, 2026 at 4:04 pm
  • Property ID: HZTB8523636
  • Price: $1,250,000
  • Property Size: 4350 Sqft
  • Land Area: 0.36 Acres
  • Year Built: 1964
  • Property Type: Retail, Commercial Sale
  • Property Status: Active, For Sale

Additional details

  • Listing Terms: Cash, Commercial Financing
  • Roof: Shingle
  • Cooling: Central Air
  • Flooring: Ceramic Tile
  • County: Hillsborough
  • Property Type: Commercial Sale
  • Parking: Over 30 Spaces, Shared Parking

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