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$650,000
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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.
Full Property Details
Full Property Details for 1203 E Dr Martin Luther King Jr Blvd
General
- Sold For: $650,000
- Taxes: $3,292 (2024)
- Status: Closed
- Type: Commercial
- Source: MidFloridaRegionalMLS
- MLS ID: TB8389243
- Added to Site: 247 day(s) ago
Location
- Area: 33603 - Tampa / Seminole Heights
- County: Hillsborough
- Development Name: 33603 - Tampa / Seminole Heights
- Subdivision: BUFFALO PARK
- Driving Directions: From I-275 N Exit 46B MLK Jr Blvd Right on MLS Jr Blvd Property will be on the right
Community
- Community Name: 33603 - Tampa / Seminole Heights
Heating & Cooling
- Cooling Type: None
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available
Structural Information
- # Buildings: 2
- Exterior Const.: Block
- Square Feet: 4,476
- Sq. Ft. Source: Public Records
- Living Area: 4,476 Sq. Ft.
- Year Built: 1983
Lot Features
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 9,846
- Lot Size: 9846
- Lot Dimensions: 50 x 50
- Frontage: City Street
- Street/Road Desc.: Paved
Financial Considerations
- Tax Amount: $3,292.75
- Tax Year: 2024
Disclosures and Reports
- Ownership: Sole Proprietor
- Special Conditions: None
- Legal Description: BUFFALO PARK S 52.75 FT OF N 58.75 FT OF E 49.2 FT OF LOT 1 TOGETHER WITH THE FOLLOWING DESC PARCEL S 26.4 FT OF N 100 FT OF W 54.8 FT OF LOT 1 AND S 41.2 FT OF N 100 FT OF E 49.2 FT OF LOT 1 W 54.8 FT OF N 73.6 FT LESS NLY 6 FT FOR BUFFALO AVE R/W LOT I
- Flood Zone Info: X
- APN: A0729194M500000000001.0
- Property ID: A0729194M500000000001.0
Listed by Demeter Properties Inc
Sold by Michal J Winiarek
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Schools
Schools serving 1203 E Dr Martin Luther King Jr Blvd
School District:Hillsborough County School District
| Name | Grades | Distance |
|---|---|---|
Potter Elementary School 3224 East Cayuga Street, Tampa, FL 33610 | K-5 | 1.5 mi |
Mclane Middle School 306 North Knights Avenue, Brandon, FL 33510 | 6-8 | 9.8 mi |
Middleton High School 4801 North 22nd Street, Tampa, FL 33610 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1203 E Dr Martin Luther King Jr Blvd
Date
Details
Price
Change
Source
2/04/2026
Sold
$650,000
-2.99%
MLS
7/10/2025
Price Reduced
$670,000
-3.6%
MLS
6/12/2025
Price Increased
$695,000
9.45%
MLS
6/05/2025
Listed
$635,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1203 E Dr Martin Luther King Jr Boulevard, Tampa, FL 33603 (MLS# TB8389243) is a Commercial property that was sold at $650,000 on February 04, 2026. Want to learn more about 1203 E Dr Martin Luther King Jr Boulevard? Do you have questions about finding other Commercial real estate for sale in Old Seminole Heights? You can browse all Old Seminole Heights real estate or contact a Coldwell Banker agent to request more information.

