1318 E DR MARTIN LUTHER KING JR BOULEVARD, Tampa, FL, 33603 | $495,000

1, 074 SF : : Highest and best use: commercial office, commercial retail, mixed-use, community support services, service-related businesses, fitness studios, beauty salons, creative space, meeting hall ect… : : Tremendous value-add and/ or development potential including but not limited to retail, office or mixed- use development : : 12, 350 SF (. 28-acre) site for redevelopment or re-purpose opportunity : : Situated in Southeast Seminole Heights, East Tampa : : Located in Qualified HubZone : : EXCELLENT LOCATION- Strong visibility and frontage directly on E. Dr. Martin Luther King Jr Blvd. : : Approximately 100 feet of E. Dr. Martin Luther King Jr Blvd. : : ½ mile east of Interstate 275 on ramp at Dr. Martin Luther King Jr. Blvd. : : 2. 2 miles to E. Hillsborough Avenue : : 4 miles to Busch Blvd. : : 24, 000 +/- AADT at E. Dr. Martin Luther King Jr. Blvd. and 13th Street- HIGH TRAFFIC LOCATION : : Near dining, shopping, schools, public transportation and growing residential neighborhoods : : Excellent accessibility to and from N. Nebraska Avenue, N. 15th Street, E. Lake Avenue, Interstate 275 and Dr. Martin Luther King Jr Blvd. and other major travel. Also, minutes from Downtown Tampa, Tampa International Airport and the Greater East Tampa area : : Demographic highlights within a 3-mi radius include a population count of 133, 975 and the average HHI exceeds $75, 503 : : 2024 Total Population | 18, 155 - 1 Mile | 133, 975 - 3 Mile | 310, 372 - 5 Mile

Features

  • Property Type: Mixed Use
  • Construction: Wood Frame
  • Levels: 1
  • Cooling: Other
  • Lot Size: 100 x 124
  • Year Built: 1949
  • Approx Sq. Feet: 1,074
  • Acreage: 0.28
  • Est. Taxes: $3,208
  • MLS#: TB8425002
  • Days on Market: 56 days
  • Website: https://www.raveis.com
    /prop/TB8425002/1318edrmartinlutherkingjrboulevard_tampa_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is 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. (last updated 12/13/2025 7:07:20 PM)
Listing courtesy of FLORIDA COMMERCIAL GROUP   Phone: 813-935-9600

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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1318 E DR MARTIN LUTHER KING JR BOULEVARD, Tampa, FL, 33603

$495,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $396,000 $396,000 $396,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.625% 6.125% 5.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.472% 6.304% 5.628%
Monthly Tax Payment $267 $267 $267
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,280 $2,406 $3,209
Total Monthly Payment $2,622 $2,748 $3,551

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.