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$400,000 Just Listed

  • For Sale
  • Active
  • Commercial
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Discover an exceptional opportunity in the heart of Lakeland! This 2,400 sq. ft. commercial space is perfectly positioned in a prime, high-traffic location, ensuring maximum visibility. Formerly designed as a restaurant, it comes fully equipped with all essential appliances-everything you need to bring your culinary vision to life. Whether you envision a restaurant, café, or bakery, the space is ready for you to step in and create. Inside, you'll find two bathrooms for customer convenience, and the layout offers a welcoming flow for patrons. Beyond purchase, this property is also available for lease at $4,000 monthly, offering flexibility for aspiring restaurateurs. With its central location and ready-to-go setup, this is a rare find that promises a thriving business future! ALL EQUIMENT IS INCLUDED AND STAYS WITH PURCHASE

Full Property Details for 1046 Martin L King Jr Ave

General

  • Price: $400,000
  • Taxes: $1,889 (2025)
  • Status: Active
  • Type: Commercial
  • Source: MidFloridaRegionalMLS
  • MLS ID: TB8513929
  • Updated: 5/31/2026
  • Added to Site: 2 day(s) ago

Rental Information

  • Complex Features: Bathrooms, Kitchen Facility, Overhead Doors

Location

  • Area: 33805 - Lakeland / Gibsonia
  • County: Polk
  • Development Name: 33805 - Lakeland / Gibsonia
  • Subdivision: NORTH LAKELAND
  • Driving Directions: Florida Ave S to Memorial Blvd (92) turn West on memorial blvd then turn right on Martin L King Jr Ave Turn left onto W 2nd St right on corner right hand side.

Community

  • Community Name: 33805 - Lakeland / Gibsonia
  • Management Type: Owner Manager
  • Mgmt. Company: Owner Manager

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Utility Description: Public

Structural Information

  • # Buildings: 1
  • Exterior Const.: Block, Brick, Concrete, Stucco
  • Roof: Shingle
  • Windows: Storm Window(s)
  • Stories/Levels: One
  • Square Feet: 2,400
  • Sq. Ft. Source: Owner
  • Year Built: 1986

Lot Features

  • Lot Size (Acres): 0.3
  • Lot Size (Sq. Ft.): 13,046
  • Lot Size: 13046
  • Frontage: City Street
  • Street/Road Desc.: Asphalt

Financial Considerations

  • Tax Amount: $1,889.42
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: NORTH LAKELAND DB 71 PG 144 BLK A S 90 FT OF LOTS 1 & 2 LESS R/W ON DAKOTA AVE
  • Flood Zone Info: X
  • APN: 232812056500001013
  • Property ID: 232812056500001013
  • Block/Lot/Section: A

Listed by Vita Luxury Realty Llc

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Listing agents

— 1046 Martin L King Jr Ave —

  • Vita Luxury Realty Llc

  • Vita Luxury Realty Llc

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1046 Martin L King Jr Ave

School District:Polk County School District
NameGradesDistance
Carlton Palmore Elementary School
3725 Cleveland Heights Boulevard, Lakeland, FL 33803
PK-54.2 mi
Lakeland Highlands Middle School
740 Lake Miriam Drive, Lakeland, FL 33813
6-85.5 mi
Tenoroc High School
4905 Saddle Creek Road, Lakeland, FL 33801
9-126.3 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1046 Martin L King Jr Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/31/2026
Listed
$400,000
11.11%
MLS
5/13/2025
Sold
$360,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1046 Martin L King Jr Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,889
10%
$104,913
10%
2024
$1,718
-6%
$95,145
-5%
2023
$1,823
104%
$99,976
112%
2021
$894
-10%
$47,256
-20%
2022
$994
11%
$59,103
12%
2021
$894
-10%
$52,571
3%
2019
$998
10%
$51,229
1%
2017
$910
—
$50,887
10%
2017
$910
12%
$46,261
14%
2016
$809
3%
$40,496
5%
2015
$782
2%
$38,428
-2%
2014
$770
-5%
$39,283
-3%
2013
$807
—
$40,452
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 1046 Martin L King Jr Ave

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Vita Luxury Realty Llc

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1046 Martin L King Jr Avenue, Lakeland, FL 33805 (MLS# TB8513929) is a Commercial property. 1046 Martin L King Jr Avenue is currently listed for $400,000 and was received on May 31, 2026. Want to learn more about 1046 Martin L King Jr Avenue? Do you have questions about finding other Commercial real estate for sale in Lakeland? You can browse all Lakeland real estate or contact a Coldwell Banker agent to request more information.

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