Property
Beds
2
Full Baths
None
1/2 Baths
None
Year Built
1920
Sq.Footage
756
Income-Producing Investment Opportunity – E. Martin Luther King Jr. Blvd, Tampa Situated on an approximately 6,750 SF lot, this income-producing commercial property offers much more than its building footprint. The oversized, fully fenced site combines a renovated office, ample parking, a large usable rear yard, outdoor storage and a dedicated storage shed—creating multiple ways for a tenant or owner-user to utilize the entire property and supporting strong rental potential of approximately $4,500/month ($54,000 annually). nvestment angle: A compact commercial asset with multiple usable components and the ability to generate approximately $54,000 in gross annual rental income—ideal for an investor looking for cash flow or an owner-user who wants to offset occupancy costs with a strategically located Tampa property. The property features a fully renovated office building with private offices, updated restroom, coffee bar, three mini-split HVAC systems, tankless water heater, new windows, upgraded lighting and modern flooring. The large fenced rear yard provides valuable additional utility, including outdoor storage plus one storage shed, creating flexibility for contractors, service businesses, trades, equipment storage or other commercial users. With potential rent of approximately $4,500 / month ($54,000 annually), the property offers compelling income potential relative to its size. The combination of office + secured outdoor storage + dedicated shed + parking allows an investor to market more than simply office space and potentially command a premium from users who need both workspace and storage. Additional highlights include high-visibility MLK frontage, approximately 4–5 front parking spaces, a large fenced rear area with potential for additional parking, Opportunity Zone location.
Features & Amenities
Interior
-
Total Bedrooms
2
-
Bathrooms
N/A
-
Fireplace YN
NO
-
Heating YN
NO
-
Heating
None
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Asbestos
-
Other Exterior Features
Dog Run, Garden, Private Entrance, Private Yard, Storage
-
Parking
Driveway, Guest, Oversized, Parking Pad
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.16
-
Lot Size(square feet)
6,750
-
Property Type
Residential Income
-
Property Sub Type
Duplex
Price
-
Sales Price
$399,000
-
Tax Amount
$1,683.2
-
Sq. Footage
756
-
Price/SqFt
$527
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
New Construction
NO
-
Ownership
Fee Simple
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
6750
-
Water Source
Public
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Location
County
Hillsborough
Elementary School
Middle School
High School
Listing Courtesy of Eriola Goldman , SELLSTATE COASTAL REALTY
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