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
Address
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Address: 507 E DR MARTIN LUTHER KING JR BOULEVARD
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City: Tampa
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State/county: FL
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Zip/Postal Code: 33603
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Country: US
Details
Atualizado em junho 27, 2026 no 5:01 am-
Property ID MFRTB8523636
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Price $1,300,000
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Property Size 4350 m²
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Land Area 0.36 m²
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Garage Size x x
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Year Built 1964
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Property Type Retail, Commercial Sale
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Property Status Active, For Sale
Additional details
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Listing Terms Cash,Commercial Financing
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Roof Shingle
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Cooling Central Air
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Flooring Ceramic Tile
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County Hillsborough
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Property Type Commercial Sale
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Parking Over 30 Spaces,Shared Parking
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