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507 Dr Martin Luther King Jr Blvd, Tampa, FL 33603
507 Dr Martin Luther King Jr Blvd, Tampa, FL 33603 3D Tour
507 Dr Martin Luther King Jr Blvd, Tampa, FL 33603 Explore 3D Tour
507 Dr Martin Luther King Jr Blvd, Tampa, FL 33603
507 Dr Martin Luther King Jr Blvd, Tampa, FL 33603
507 Dr Martin Luther King Jr Blvd, Tampa, FL 33603
507 Dr Martin Luther King Jr Blvd, Tampa, FL 33603

507 Dr Martin Luther King Jr Blvd Tampa, FL 33603

$1,300,000

ACTIVE
Beds
Baths
0
Sqft
3,810
Acres
0.36
Year
1964
Days on Site
1
Property Type
Commercial Sale
Sub Type
Retail
Per Square Foot
$341
Date Listed
Jun 26, 2026

Description of 507 Dr Martin Luther King Jr Blvd, Tampa, FL 33603

Listing details for 507 Dr Martin Luther King Jr Blvd, Tampa, FL 33603 : 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
Listing Updated : 06-26-2026 at 4:04 PM EDT
Listing Provided By : James O'Brien, 813-404-0665, COASTAL BROKERAGE & INVESTMENT
Source :

Stellar MLS as distributed by MLS GRID, MLS#: MFRTB8523636

For more information on this listing contact us at (727) 533-5815

Property History

DateEventPrice
6/26/2026
Listed for sale
$1,300,000 +4123.5%
$341/sqft
Source:Stellar MLS #MFRTB8523636
2/1/2025
Sold
$30,780 0%
$8/sqft
Source:Stellar MLS #MFRTB8333066
12/30/2024
Listed for sale
$30,780
$8/sqft
Source:Stellar MLS #MFRTB8333066
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Based on information submitted to the MLS GRID as of 2026-06-26. 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

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Listing data comes from My Florida Regional MLS DBA Stellar MLS.

For more information on this listing contact us at (727) 533-5815