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$3,000,000

503 W DR MARTIN LUTHER KING JR BOULEVARD, TAMPA, FL 33603

Active0 days on market

Beds

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Baths

0

Sq Ft

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Year Built

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Lot Size

2.35 acres

Garage

0

About This Property

PRIME TAMPA DEVELOPMENT OPPORTUNITY – 2.35 ACRES 430+/-FEET OF FRONTAGE | 34,000 VEHICLES DAILY! Exceptional opportunity to acquire approximately 2.35 acres consisting of seven parcels along W Dr. Martin Luther King Jr. Boulevard in Tampa. Featuring approximately 430 feet of road frontage, the property offers excellent visibility and exposure along a major commercial corridor with an annual average daily traffic count of 34,000 vehicles, according to 2025 FDOT data. A newly installed four-way traffic signal at the southeast corner of the site further enhances its strategic location and development appeal. Conveniently located near I-275, St. Joseph's Hospital, and surrounding established residential and commercial neighborhoods, the property presents an attractive opportunity for a variety of potential uses, including retail, medical or professional offices, and mixed-use development, subject to applicable zoning and development approvals. The combination of substantial acreage, extensive road frontage, multiple parcels, and proximity to major transportation routes and medical facilities makes this an excellent opportunity for developers, investors, and owner-users. Buyer to verify zoning, permitted uses, utilities, access, and all development requirements.

Property Overview

Property TypeLand
MLS #TB8559332
StatusActive
FacesSouth
SubdivisionCHELSEA
CountyHillsborough
OwnershipFee Simple

Interior Features

Exterior & Lot

Lot Size2.35 acres (102,600 sq ft)
Lot DimensionsSurvey available
Road SurfaceAsphalt
0

Utilities

WaterNone
SewerPublic Sewer
UtilitiesBB/HS Internet Available, Electricity Available, Sewer Available

Parking

GarageNo

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$3,000,000
Annual Taxes$7,833 (2025)
ZoningSH-PD
Parcel #A0129184GN00000900011.1

Directions

From I-275, head west on MLK to address on north side of the road.

Location

503 W DR MARTIN LUTHER KING JR BOULEVARD, TAMPA, FL 33603

Listing Information

OfficePAUL MELIKIAN
ListedOctober 19, 2026

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Home Price

$3,000,000

20% ($600,000)
6.75%

Loan Term

Principal & Interest$15,566
Property Tax (est.)$2,750
Insurance (est.)$150
Total Monthly$18,466
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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. 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 last updated: October 19, 2026.

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