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Active - Duplex for sale

1221 E DR MARTIN LUTHER KING JR BOULEVARD, Tampa, FL

2 bds|756 sqft

Facts & features

Duplex Property type
104 days on Beycome
1920 Year built
$501 Price/Sqft.
6,750 sqft Lot size

Why you’ll love it

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.

Translating description...

Listings courtesy of SELLSTATE COASTAL REALTY as distributed by MLS GRID.

Listed by: Eriola Goldman • eri@pegasusgroupus.com • SELLSTATE COASTAL REALTY

Co-listed by: SELLSTATE COASTAL REALTY

Source: Stellar MLS as distributed by MLS GRID, MLS#: TB8535299 Stellar MLS as distributed by MLS GRID logo

Based on info available as of Nov 14, 2026 at 2:01 PM EST.

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Affordability

$245,000$510,000
1%20%
0%90%
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Estimated monthly payment

$2,057/mo

  • Mortgage$1,916
  • Property tax$140
  • HOA fee
  • Homeowners insurance
Due at closing$301,305
Down payment held in escrow$75,800
Closing costs$5,685
beycome credit Est.$7,580

Beycome estimates only. Actual amounts and terms vary by lender and location.

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$7,580 Credit back

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Travel times

About Unplatted

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Flood & climate risk

FEMA Flood Zone X

Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

Based on information submitted to the MLS GRID as of Nov 14, 2026 at 02:01pm EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

$379,000 Listed price

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$7,580 Credit back

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