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Map
$199,000
↓ $270K (57.6%)
●
Land -
For Sale
2602 E Dr Martin Luther King Jr BOULEVARD
TAMPA, FL 33610
Studio
0 Bath
$1,021
Estimated Monthly
$0
HOA / Fees
7.43%
Cap Rate
About This Property
This hard corner commercial site consists of two parcels that total
9,066 SF (0.20 acres) and also includes additional land from a
recently vacated alleyway. The site is located at the lighted
intersection of E. Dr Martin Luther King, Jr. Blvd. and 26th
directly across from the new C. Blythe Andrew, Jr Public Library.
Currently, these two parcels have CI - Commercial Intensive zoning
and the Future Land Use is Community Commercial -35 (2.0 FAR).
A developer could also purchase the parcel to the north (same owner) which currently has a 1,454 SF single family residence and would increase the site to over 1/2 acre, creating a combined site that could yield potential development of 12 mixed use units totaling up to 20,257 SF or a less intense retail or drive through use.
* All totals are estimates based upon City of Tampa Land Use Plan and are subject to final review and site plan approval
Located at the northeast corner of E Dr Martin Luther King Blvd and N 26th Street and east of I-275.
A developer could also purchase the parcel to the north (same owner) which currently has a 1,454 SF single family residence and would increase the site to over 1/2 acre, creating a combined site that could yield potential development of 12 mixed use units totaling up to 20,257 SF or a less intense retail or drive through use.
* All totals are estimates based upon City of Tampa Land Use Plan and are subject to final review and site plan approval
Located at the northeast corner of E Dr Martin Luther King Blvd and N 26th Street and east of I-275.
Unit Size
-
Days on Market
1062 days
Land Size
0.20 acres
Price per sqft
-
Property Type
Land
Property Taxes
$43
HOA Dues
-
Year Built
-
Listed By
Last updated: 3 months ago (Stellar MLS #T3310590)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 21, 2024 | Price Decreased |
$199,000
↓ $270K
(57.6%)
|
|
| Price Decreased | |||
| Jun 3, 2021 | Listed by BAY STREET COMMERCIAL LLC | $469,000 | |
| Listed by BAY STREET COMMERCIAL LLC | |||
Property Highlights
Exterior Details
Lot Information
Lot Size Area: 9066
Lot Size Units: Square Feet
Lot Size Acres: 0.2
Lot Size Square Feet: 9066
Lot Size Dimensions: 100 x 223
Tax Lot: 10
Land Information
Water Source: Public
Financial Details
Tax Annual Amount: $522
Utilities Details
Sewer : Public Sewer
Building Info
Overview
Building
Neighborhood
Zoning
Geography
2602 E Dr Martin Luther King Jr BOULEVARD
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Active
Multifamily
Stu
-
1,621 ft²
$274/ft²
$444,000
Jul 25, 2023
-
$183/mo
Active
House
5
Beds
3
Baths
2,166 ft²
$231/ft²
$500,000
May 3, 2023
-
$76/mo
Active
House
4
Beds
2
Baths
2,064 ft²
$203/ft²
$419,000
Jun 12, 2023
-
$251/mo
In Contract
House
3
Beds
2
Baths
-
$419,900
May 22, 2023
-
$74/mo
Active
Multifamily
5
Beds
2
Baths
1,646 ft²
$319/ft²
$525,000
Mar 29, 2023
-
$214/mo
Active
House
3
Beds
2
Baths
1,607 ft²
$255/ft²
$409,999
Feb 23, 2023
-
$35/mo
Active
House
3
Beds
2
Baths
2,099 ft²
$190/ft²
$399,000
Jun 3, 2023
-
$398/mo
In Contract
Townhouse
3
Beds
3
Baths
1,260 ft²
$317/ft²
$399,000
May 10, 2023
-
$766/mo
In Contract
Townhouse
3
Beds
3
Baths
1,260 ft²
$317/ft²
$399,000
Jul 23, 2023
-
$766/mo
About Northeast Tampa
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Listed by: Michael Braccia, PA
BAY STREET COMMERCIAL LLC
Last Updated: 3 months ago
Data Source: Stellar MLS, MLS# T3310590
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
BAY STREET COMMERCIAL LLC
Last Updated: 3 months ago
Data Source: Stellar MLS, MLS# T3310590
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc.
