1. Florida
  2. Tampa
  3. 1203 E DR MARTIN LUTHER KING JR BOULEVARD
$670,000

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

  • 4,476 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1983
  • Property Lot Size Icon10,019sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $150/sqft
  • Property List Date Icon Listed 2 months ago

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.

Listing Status:
Active
Date Added:
June 5, 2025 at 05:00AM
Listing Office:
DEMETER PROPERTIES INC : 813-226-0687
Listing Agent:
Heidi Arnold : 813-830-2832
MLS ID:
TB8389243
  • A/C: None
  • Heating: Electric

This listing courtesy of Heidi Arnold, DEMETER PROPERTIES INC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

L

Lockhart Elementary Magnet School

3719 N 17th St, Tampa, FL, 33610

Grades PK-5

0.53 miles away

Y

Young Middle Magnet School

1807 E Dr Martin Luther King Jr Blvd, Tampa, FL, 33610

Grades 6-8

0.53 miles away

S

Seminole Heights Charter High School

4006 N Florida Ave, Tampa, FL, 33603

Grades 9-12

0.79 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.