Commercial Sale · Office
718-722 W DR MARTIN LUTHER KING JR BOULEVARD, TAMPA, FL, 33603
Active372 days on marketListed Aug 11, 2025MLS #TB8416255
About this property
The property at a glance
Fantastic Office/retail strip center centrally located in the heart of Tampa!!! Great Tenant Mix, One mile west of I-275, St. Joseph's Medical & Legal District, and Close proximity to downtown. This professional office building is situated on W. Dr. Martin Luther King Jr. Blvd. just E. of the River. This property sits in the heart of 4 highly desirable areas; St. Joseph's Medical & Legal District, S. Seminole Heights, N. Riverside Heights, and Tampa Heights (home to Stetson Law School and relocation area to Orlando’s 2nd District Court of Appeals! and the new Hillsborough County Bar Association). The property boasts close proximity to St. Joseph’s Hospital. The property has a nice mix of tenants mostly medical-related. This property also offers ample parking with enough spaces to accommodate all needs. Units are also allocated with signage on MLK Blvd. This property consists of two stand alone buildings with one building roughly 4000sq ft and the other roughly 8000sq ft. Call today to set up as showing!!!
12,036
Building sq ft
$241
Price / sq ft
0.71
Lot acres
1975
Year built
2
Buildings
RO-1
Zoning
Office
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$15,633/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 David 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
20,267
Population
$64,632
Median income
37.9
Median age
2.32
Avg household
$344,100
Median home value
$1,320/mo
Median rent
2,222
Households w/ kids
Recent sales
What actually sold near 718-722 W 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.
$4,525,000
2011 W CLEVELAND STREET
9,680 sqft · $467/sqft · Sold Apr 29, 2026
$1,800,000
3403 W WATERS AVENUE
8,960 sqft · $201/sqft · Sold Jul 17, 2026
$79,242
603 S BOULEVARD
8,425 sqft · $9/sqft · Sold Jun 5, 2026
Your team
The pros in your corner
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 718-722 W 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 718-722 W DR MARTIN LUTHER KING JR BOULEVARD.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Keep looking
Similar properties nearby
Listing courtesy of HUNTER REALTY & INVESTMENT LLC · Evan Lipstein. MLS #TB8416255.
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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