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Sue LaGree

sue.lagree@engelvoelkers.com +1(727) 742-3369

$ 670,000

Est. payment -/mo

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Pending

1203 E DR MARTIN LUTHER KING JR BLVD Tampa, FL 33603

4,476 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

Square Footage 4,476 sqft

Price per Sqft $149

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

Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8389243

Listed by Heidi Arnold DEMETER PROPERTIES INC

NEARBY SCHOOLS & PROPERTIES

SCHOOLSPROPERTIES

Elementary Schools 20

9

Gorrie Elementary School

Public | PK - 5
8

Mitchell Elementary School

Public | PK - 5
8

Trinity School for Children

Public | KG - 8
7

Rampello K-8 Magnet School

Public | KG - 8
7

Hillsborough Virtual School

Public | KG - 12
6

West Tampa Elementary School

Public | PK - 5
6

Walton Academy

Public | KG - 5
5

Channelside Academy of Math and Science

Public | KG - 5
5

Shore Elementary Magnet School

Public | KG - 5
5

Lockhart Elementary Magnet School

Public | PK - 5
5

Lomax Magnet Elementary School

Public | KG - 5
5

Mendenhall Elementary School

Public | PK - 5
4

Dunbar Elementary Magnet School

Public | KG - 5
4

Metropolitan Ministries Partnership Elementary School

Public | KG - 5
4

Edison Elementary School

Public | PK - 5
4

Seminole Elementary School

Public | PK - 5
4

Oak Grove Elementary School

Public | PK - 5
4

Cleveland Elementary School

Public | PK - 5
3

Desoto Elementary School

Public | PK - 5
3

Lee Elementary Magnet School

Public | KG - 5

Middle Schools 17

8

Wilson Middle School

Public | 6 - 8
8

Williams Middle Magnet School

Public | 6 - 8
5

Stewart Middle Magnet School

Public | 6 - 8
5

Franklin Middle Magnet School

Public | 6 - 8
5

Orange Grove Middle Magnet School

Public | 6 - 8
5

Ferrell Middle Magnet School

Public | 6 - 8
4

Mount Pleasant Standard Base Middle School

Public | 6 - 8
3

Young Middle Magnet School

Public | 6 - 8
1

Memorial Middle School

Public | 6 - 8
1

Carver Exceptional Center

Public | 6 - 12
1

Sligh Middle School

Public | 6 - 8
0

Hillsborough Ese Contracted Residential Placement

Public | 6 - 12
0

Tampa Preparatory School

Private | 6 - 12
0

Channelside Academy Middle School

Public | 6 - 8
0

Waters Career Center

Public | 6 - 12
0

Riverside Academy

Public | 6 - 12
0

Pace Center for Girls

Public | 6 - 12

High Schools 9

4

Blake High School

Public | 9 - 12
4

Hillsborough High School

Public | 9 - 12
3

Middleton High School

Public | 9 - 12
0

Brewster Technical Center

Public | 9 - 12
0

Seminole Heights Charter High School

Public | 9 - 12
0

Tampa Catholic High School

Private | 9 - 12
0

Pepin Transitional School

Public | 9 - 12
0

Learey Technical Center

Public | 9 - 12
0

Erwin Technical Center

Public | 9 - 12

School and business data provided by Attom Data.

Sue LaGree

Global Real Estate Advisor | License ID: SL3514458

+1(727) 742-3369

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