$1,300,000

507 E DR MARTIN LUTHER KING JR BLVD, Tampa, FL 33603

Active
0
Baths
3,810
Sq Ft
$341
Per Sq Ft
1964
Built
0
Days Listed

About This Property

Prime Tampa Investment Opportunity β€” 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 β€” one of Tampa's most heavily trafficked corridors β€” 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 β€” Medical Clinic | Β±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 β€” Retail | Β±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 β€” 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 β€” no lease-up risk

Property Details

TypeRetail
Lot0.36 ac
Poolβ€”
WaterfrontNo
HOAβ€”
Tax/yr$17,393
CoolingCentral Air
FlooringCeramic Tile
RoofShingle

Listed by COASTAL BROKERAGE & INVESTMENT Β· MLS# TB8523636

Similar Homes in 33603

View all Commercial For Sale in 33603 β†’

Recently Sold in 33603

5803 N FREMONT AVE
$2,800
5803 N FREMONT AVE, 33603
3 bd Β· 3 ba Β· 1,558 sqft
Sold Jun 2026
103 W NORTH BAY ST
$345,000
103 W NORTH BAY ST, 33603
3 bd Β· 1 ba Β· 1,114 sqft
Sold Jun 2026
104 W CHELSEA ST
$417,500
104 W CHELSEA ST, 33603
3 bd Β· 2 ba Β· 1,280 sqft
Sold Jun 2026

Properties displayed may be listed or sold by various participants in the MLS

More in Tampa


Listing information © 2026 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved. Data deemed reliable but not guaranteed. Last updated: 2026-06-27.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Schedule a Showing
Rise Team Β· LPT Realty, LLC
Mike Valdes
Mike Valdes
Rise Team Β· LPT Realty
(813) 548-5618
Browse More

Monthly Payment

Estimate your all-in monthly cost.

%
%
EST. MONTHLY PAYMENT

Estimate only. Taxes, insurance, and HOA may vary.

πŸ””

Get notified of similar listings

Be the first to know when a similar home hits the market in Tampa.

Sign up free to get alerts

Already a member? Log in

Property photo
πŸ€–

Rise AI Assistant

Ask anything about this listing