Search/507 E DR MARTIN LUTHER KING JR BLVD
507 E DR MARTIN LUTHER KING JR BLVD - Photo 1
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FOR SALE
Commercial
New Listing

$1,300,000

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

0

Beds

0

Baths

3,810

Sq Ft

1964

Year Built

Description

Prime Tampa Investment Opportunity — Dual-Building Medical & Retail Portfolio 507 E Dr. Martin Luther King Jr. Blvd. | Tampa, FL 33603 Asking Price: $1,300,000 | Cap Rate: 7.1 | Total SF: 3,810 SF | Two Buildings | Both Fully Leased Rarely does a stabilized, income-producing asset become available in a location this commanding. Positioned at the high-visibility intersection of I-275 and Dr. Martin Luther King Jr. Boulevard — one of Tampa's most heavily trafficked corridors — this dual-building portfolio offers investors an immediate, turn-key opportunity. This offering includes two freestanding buildings situated on a shared, generously sized parking lot. Building 1 — Medical Clinic | ±2,100 SF Completely remodeled within the past year, this medical-grade facility features a new roof and fully updated interior, offering a modern, upscale environment. Currently leased to a professional medical tenant, this building represents a low-maintenance, high-quality asset for any investment portfolio. Building 2 — Retail | ±1,710 SF An established retail presence with a professional tenant in place, benefiting from exceptional street visibility and the high foot and vehicle traffic this location commands. Location is everything — and this property delivers. Situated at the nexus of I-275 and MLK Blvd., the site enjoys outstanding regional accessibility and exposure to thousands of daily commuters. The presence of a McDonald's immediately adjacent confirms the strength of this trade area and the built-in consumer demand that surrounds it. This is Central Tampa at its most accessible. Immediate cash flow — no lease-up risk

Type:Commercial
MLS#:TB8523636
Days on Market:0
Lot:0.36 acres

Listing courtesy of James O'Brien, COASTAL BROKERAGE & INVESTMENT

Listing information is provided by Stellar MLS. The data relating to real estate for sale or lease on this website comes in part from the Internet Data Exchange (IDX) program of Stellar MLS. Listings held by brokerage firms other than HauzMart Realty are marked with the listing brokerage's name. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or leasing. Information is deemed reliable but not guaranteed and should be independently verified. © Stellar MLS. All rights reserved.

Listing data last updated: Jun 27, 2026, 1:01 AM ET

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