Commercial Lease · Office
1221 E DR MARTIN LUTHER KING JR BOULEVARD, TAMPA, FL, 33603
Active10 days on marketListed Aug 3, 2026MLS #TB8535306
About this property
The property at a glance
For Lease | Fully Renovated Professional Office | 1221 E. Martin Luther King Jr. Blvd., Tampa, FL Position your business in one of Tampa’s fastest-growing commercial corridors. This beautifully renovated 756 SF freestanding office building offers a modern, move-in-ready workspace ideal for attorneys, real estate professionals, insurance agencies, accountants, consultants, medical users, and other professional office or service businesses. The thoughtfully designed interior features two private offices, a welcoming reception area, a coffee bar/break area with sink, and a renovated restroom, all finished with contemporary upgrades throughout. Recent improvements include three new mini-split HVAC systems, new energy-efficient windows, a tankless water heater, luxury vinyl plank flooring, updated lighting, and fresh modern finishes. The property offers 4-5 parking spaces in the front, plus a large fenced backyard that can accommodate approximately 10 additional vehicles with minimal improvements, providing flexibility for employee parking, storage, or future expansion. Strategically located on E. Martin Luther King Jr. Boulevard, the property provides outstanding access to Downtown Tampa, Ybor City, Seminole Heights, I-275, I-4, and the Selmon Expressway. Surrounded by ongoing residential, commercial, and mixed-use redevelopment, this location offers excellent visibility and long-term growth potential. Property Highlights 756 SF freestanding office building Two private offices + reception area Coffee bar/break area with sink Renovated restroom Three new mini-split HVAC systems Tankless water heater New energy-efficient windows Luxury vinyl plank flooring throughout 4-5 front parking spaces Large fenced backyard with potential for approximately 10 additional parking spaces Excellent visibility on MLK Blvd. Minutes from Downtown Tampa, Ybor City, Seminole Heights, and major highways This turnkey office is an outstanding opportunity for businesses seeking a professional, highly accessible location in one of Tampa’s most active redevelopment corridors.
756
Building sq ft
$56
Price / sq ft
0.16
Lot acres
1920
Year built
1
Building
CG
Zoning
Office
Property type
The numbers
Investment snapshot
NNN
Lease structure
24 Months
Lease term
Estimated payment (illustrative)
Estimated payment
$489/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. 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.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Kat to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
3,688
Population
$48,976
Median income
35
Median age
2
Avg household
$242,871
Median home value
$1,186/mo
Median rent
388
Households w/ kids
Consumer profile
The party don't stop until the sun comes up. Loud music, crowds, and shots are a recipe for a great night out for these people.
These folks are conscious about what they eat. They're looking for ingredients that not only taste great, but also have great nutritional benefits.
A population characterized by healthy eating. Often pre-planning for meals for the purpose of fitness and convenience. Likely to participate in meal prep trends.
Driven to succeed in the business world, this population seeks to progress in their career through networking happy hours, summits, and connecting with other professionals online.
Meals are a social experience, and these foodies take it to the next level. This population can't wait to snap a pic of their plate and share it before chowing down.
Making it to church on Sunday, this population is drawn together by their devotion to, primarily Christian, religion. Common activities include worship services and bible studies.
Recent sales
What actually sold near 1221 E DR MARTIN LUTHER KING JR BOULEVARD
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$550,000
2403 W STATE STREET
864 sqft · $637/sqft · Sold Nov 5, 2025
$27,600
515 W BAY STREET UNIT 100
608 sqft · $45/sqft · Sold Jun 5, 2025
$12,000
4021 N ARMENIA AVE UNIT 102
600 sqft · $20/sqft · Sold Nov 17, 2025
Your team
The pros in your corner
Your agent
Kat Bonelli
REALTOR® · CENTURY 21 Edge
Tours, offers, and every question about 1221 E DR MARTIN LUTHER KING JR BOULEVARD — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 1221 E DR MARTIN LUTHER KING JR BOULEVARD.
See it in person
Schedule a tour
Pick a day that works — this goes straight to Kat's phone and CRM.
Keep looking
Similar properties nearby
Listing courtesy of SELLSTATE COASTAL REALTY · Eriola Goldman. MLS #TB8535306.
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.
Never miss a listing
New TAMPA listings, in your inbox
A daily digest of every new listing in TAMPA — straight from the MLS, hours after it goes live. Unsubscribe anytime.