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Wade M. Berlin

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1203 Dr Martin Luther King Jr Boulevard
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PRICED AT ONLY: $670,000

Address: 1203 Dr Martin Luther King Jr Boulevard, TAMPA, FL 33603

Description

Investors! Income Producing Opportunity! Take advantage of this incredible investment opportunity with two buildings ready to be completed for potential rental income! Ideally located on a high visibility corner lot at MLK Jr Blvd and N 12th St, with convenient parking access off N 12th St. Building 1: Duplex (2 units) Building 2: Fourplex (4 units) Total Units: 6 rental units ready for your final touches. Updates Already in Place: Permitted Metal Roof (2019) for long term durability. Individual Electric Panels for each unit Separate Water Meters already installed ideal for tenant utility management. Prime Corner Location. High traffic area with excellent exposure, located near public transit, businesses, and other amenitiesperfect for future tenants. Finish the Vision & Maximize Returns. Whether youre looking to hold for cash flow or flip for profit, this property is a rare opportunity to capitalize on multi unit potential. There are some expired permits, and some work has not been completed. Buyer would need to pull permits and complete the work. Sold As Is Bring your contractor and vision to unlock the full value of this promising investment! There Seller is an investor and has never occupied the property.
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  • MLS#: TB8389243 ( Commercial Sale )
  • Street Address: 1203 Dr Martin Luther King Jr Boulevard
  • Viewed: 33
  • Price: $670,000
  • Price sqft: $141
  • Waterfront: No
  • Year Built: 1983
  • Bldg sqft: 4760
  • Days On Market: 74
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 4476.00
Property Information
  • Property Condition: Fixer
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: None
  • Heating: Electric
  • Road Frontage Type: City Street
  • Sewer: Public Sewer
  • Utilities: Electricity Available
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Country: US
  • Legal Description: BUFFALO PARK S 52.75 FT OF N 58.75 FT OF E 49.2 FT OF LOT 1 TOGETHER WITH THE FOLLOWING DESC PARCEL S 26.4 FT OF N 100 FT OF W 54.8 FT OF LOT 1 AND S 41.2 FT OF N 100 FT OF E 49.2 FT OF LOT 1 W 54.8 FT OF N 73.6 FT LESS NLY 6 FT FOR BUFFALO AVE R/W LOT I
  • Area Major: 33603 - Tampa / Seminole Heights
  • Parcel Number: A-07-29-19-4M5-000000-00001.0
  • Views: 33
  • Zoning Code: CG
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Contact Info

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  2. We are the World
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Wade M. Berlin