1221 E DR MARTIN LUTHER KING JR BOULEVARD, TAMPA, FL, 33603
Active25 days on marketListed Jul 24, 2026MLS #TB8532723
About this home
1221 E DR MARTIN LUTHER KING JR BOULEVARD
Positioned just minutes from Downtown Tampa, this renovated freestanding commercial property offers an exceptional opportunity for an owner-user, investor, or growing business. Located within a designated Opportunity Zone and featuring CG (Commercial General) zoning, the property offers a compelling combination of location, flexible commercial use potential, land, and a completely renovated building. Situated on approximately 6,750 SF of land, the approximately 756 SF freestanding building has been thoughtfully updated with two private offices, reception area, renovated restroom, coffee bar/break area, energy-efficient windows, three mini-split HVAC systems, tankless water heater, LVP flooring, upgraded lighting, and contemporary finishes throughout. The property also features front parking and a large fenced rear lot with potential for additional parking or other uses permitted under CG zoning. Located along the E. MLK Jr. Blvd corridor, the property provides convenient access to Downtown Tampa, Ybor City, Seminole Heights, I-275 and I-4 while remaining only minutes outside Tampa’s urban core. PROPERTY HIGHLIGHTS CG – Commercial General Zoning Located within an Opportunity Zone Minutes from Downtown Tampa Approximately 756 SF freestanding building Approximately 6,750 SF lot Fully renovated & move-in ready Two private offices + reception area Large fenced rear lot Additional parking potential Excellent owner-user or investment opportunity Convenient access to I-275, I-4, Ybor City & Seminole Heights
Facts & features
The home at a glance
2
Bedrooms
1
Bathrooms
756
Sqft
0.16 ac
Lot size
1920
Year built
One
Levels
$528
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$2,826 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$2,826/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
+69.7%
$/sqft vs UNPLATTED
$528 vs $312
Days on market
25 vs 42 typical
Where $528/sqft sits among the 166 homes for sale in UNPLATTED
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Ybor City
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Tampa. See the full Tampa guide →
Ybor City — neighborhood snapshot
Population
3,688
Median age
35
Median income
$48,976
Median home value
$242,871
Avg household
2
Households w/ children
388
For the school run
Hillsborough County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Tampa market
$413K → $441K
Tampa median sold, yr/yr
97.0%
Sale-to-list ratio (12 mo)
95 of 166
UNPLATTED have cut their price
Median sold price, Tampa, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 13% below the TAMPA 33603 median. See the full Tampa market guide →
Paper trail
This home's history
Reality check
What actually sold near 1221 E DR MARTIN LUTHER KING JR BOULEVARD
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Mar ’26$220,000
4105 ROBINSON ROAD · same community
2 bd · 1 ba · 768 sqft · $286/sqft · 0 DOM
Sold · Dec ’25$130,000
12036 BULLFROG CREEK ROAD · same community
2 bd · 1 ba · 784 sqft · $166/sqft · 14 DOM
Sold · Mar ’26$200,000
1306 CASON STREET · same community
2 bd · 1 ba · 860 sqft · $233/sqft · 7 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Cindy Fernandez
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 1221 E DR MARTIN LUTHER KING JR BOULEVARD — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 1221 E DR MARTIN LUTHER KING JR BOULEVARD — before you fall in love.
See it in person
Schedule a tour
Live availability from Cindy's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
1221 E DR MARTIN LUTHER KING JR BOULEVARD FAQs
What would the monthly payment be for 1221 E DR MARTIN LUTHER KING JR BOULEVARD?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,826/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 1221 E DR MARTIN LUTHER KING JR BOULEVARD?+
The most recent tax bill on record (2025) was $1,683. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Tampa?+
At $399,000, this home is listed about 11% below the Tampa median of $449,900. The market section on this page shows how the area is trending.
Which schools are assigned to 1221 E DR MARTIN LUTHER KING JR BOULEVARD?+
Patricia Sullivan Metropolitan Ministries Partnership School (elementary), Middleton High School (high), Potter Elementary School (elementary) — Hillsborough County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of SELLSTATE COASTAL REALTY · Eriola Goldman. MLS #TB8532723.
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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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