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1221 E Dr Martin Luther King Jr Blvd, Tampa, FL, 33603

$528/sqft·Unplatted

2 bd1 ba756 sqftSingle Family
Listed by SELLSTATE COASTAL REALTY· Last updated · MLS# TB8532723

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Est. monthly payment
$2,421/mo
Down payment (20%)
$79,800
Property taxes
$140/mo
Rate assumed
6.8% · 30 yr
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At a glance

Single family
Built 1920
6,750 sqft lot
Lot size
756 sqft
Living area

About this home

NingunoDog RunGardenPrivate EntrancePrivate MailboxPrivate YardStorageTankless Water Heater

1221 E Dr Martin Luther King Jr Blvd is a 1920-built home in Unplatted, Tampa. Inside you'll find 2 bedrooms, 1 bathrooms, and 756 square feet of living space. Listed at $399,000 (about $528/sqft), 44 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.

From the listing

The property sits on an approximately 6,750 SF lot and offers convenient front parking plus a large fenced rear yard, providing potential for additional parking or other uses subject to applicable zoning and municipal approvals. The combination of a compact, functional building and oversized lot creates flexibility for a variety of professional and service-oriented users. Ideal for an owner-user looking to control occupancy costs and build equity, or an investor seeking a renovated Tampa commercial asset with leasing and long-term appreciation potential. The property is positioned along a major Tampa thoroughfare with convenient access to surrounding neighborhoods, employment centers, Downtown Tampa, Ybor City, Seminole Heights, and major transportation routes. Located within an Opportunity Zone, adding another element of potential appeal for qualifying investors. The property is currently being marketed based on its real estate, location, improvements, and future income potential rather than historical operating performance. Exceptional opportunity to own a fully renovated, freestanding commercial property along the highly visible E. Martin Luther King Jr. Blvd corridor in Tampa. This turnkey property offers an efficient professional layout featuring two private offices, a renovated restroom, coffee bar, updated flooring, upgraded lighting, new windows, three mini-split HVAC systems, and a tankless water heater.

The essentials

Built
1920
Price / sqft
$528
On market
49 days
Annual tax
$1,683
Flood zone
X · Low risk
Lot
6,750 sqft
Type
Single Family Residence

Location

1221 E Dr Martin Luther King Jr Blvd
Tampa, FL, 33603·33603 - Tampa / Seminole Heights
Type
Single Family Residence
Year Built
1920
Lot
6,750 sqft
Cooling
Mini-Split Unit(s)
Heating
None
Parking
Driveway, Guest, Oversized, Parking Pad
Days on Market
49
Ninguno
Dog Run
Garden
Private Entrance
Private Mailbox
Private Yard
Storage
Tankless Water Heater
Flood Zone X

Annual Tax (2025)

$1,683

Parcel #

A-07-29-19-ZZZ-000005-88640.0

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision

Unplatted

County

Hillsborough

MLS Area

33603 - Tampa / Seminole Heights

Lot Size

6,750 sqft

Date
Event
Price
8/12/2026
Price change
Source: Stellar MLS #TB8532723
$399,000-8.7%
$528/sqft
7/24/2026
Listed for sale
Source: Stellar MLS #TB8532723
$437,000+212.1%
$578/sqft
4/22/2026
Sold
Source: Hillsborough County Public Record
$140,000
$185/sqft
Est. monthly payment$2,421/mo
Principal & interest$2,081
Property taxes$140
Insurance$200
Down payment20% · $79,800
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Offer Insights

Choose an offer strength

List price: $399,000
$395,000 – $399,000
99.2% – 100% of listTops out right at the list price
80% of listList price
62 of the last 122 home closings in 33603 landed at this number or higher (51%). The median one sat 27 days before it went under contract, and this one is on day 49 after a $38,000 cut.

Sample: 122 closed home sales in 33603 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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