1046 Martin L King Jr Avenue, FL
Stellar MLS

$400,000

1046 Martin L King Jr Avenue

Lakeland, FL 33805

Listing updated: May 31, 2026 at 8:01 AM ET

Active
0
Baths
2,400
Sq Ft
0.3
Acres
1986
Built
$167/sqft
Restaurant

Property type

1986

Year built

13,046 sqft

Lot size

$167

Price / sq ft

No HOA

HOA dues

0

Days on market

X

Flood zone

About this home

Discover an exceptional opportunity in the heart of Lakeland! This 2,400 sq. ft. commercial space is perfectly positioned in a prime, high-traffic location, ensuring maximum visibility. Formerly designed as a restaurant, it comes fully equipped with all essential appliances—everything you need to bring your culinary vision to life. Whether you envision a restaurant, café, or bakery, the space is ready for you to step in and create. Inside, you'll find two bathrooms for customer convenience, and the layout offers a welcoming flow for patrons. Beyond purchase, this property is also available for lease at $4,000 monthly, offering flexibility for aspiring restaurateurs. With its central location and ready-to-go setup, this is a rare find that promises a thriving business future! ALL EQUIMENT IS INCLUDED AND STAYS WITH PURCHASE

Estimated monthly payment

Principal & interest$2,023
Property taxes$157
Home insurance (est.)$183

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history0 days on market

  1. Status: Active
    May 31, 2026
  2. Listed$400,000
    May 31, 2026
  3. Price increased$400,000

Facts & features

Property type
Commercial Sale
Sub type
Restaurant
Status
Active
Days on market
0
Subdivision
North Lakeland
County
Polk
Year built
1986
Living area
2,400 sq ft
Price/sq ft
$167
Lot size
13,046 sq ft
Lot category
1/4 to less than 1/2
Flood zone
X (12105C0315G)
Annual taxes
$1,889 (2025)
Parcel #
23-28-12-056500-001013
Zoning
O-1
MLS #
TB8513929

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Interior Details

Stories / Levels
One

Heating & Cooling

Heating
Central
Cooling
Central Air

HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0
Listing terms
Cash, Other
Ownership
Fee Simple

Exterior & Construction

Construction materials
Block, Brick, Concrete, Stucco
Roof
Shingle
Foundation
Slab
Road surface
Asphalt

Utilities

Sewer
Public Sewer
Utilities
Public

Listing Details

Listing date
2026-05-29
On market date
2026-05-31
Original list price
$400,000
Occupant type
Tenant
MLS area
33805 - Lakeland / Gibsonia
Listing AOR
Suncoast Tampa
Status changed
2026-05-31
Tax legal description
NORTH LAKELAND DB 71 PG 144 BLK A S 90 FT OF LOTS 1 & 2 LESS R/W ON DAKOTA AVE

Flood risk

Minimal riskFEMA Zone XPanel 12105C0315G

Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

Florida Ave S to Memorial Blvd (92) turn West on memorial blvd then turn right on Martin L King Jr Ave Turn left onto W 2nd St right on corner right hand side.

Property sale history

Public records

1046 MARTIN L KING JR AVE, LAKELAND 33805

  • May 2025$360,000

2,372 sq ft · Built 1986 · 0.2995 acres

Sale data from Florida public records (Department of Revenue / county property appraiser). Deemed reliable but not guaranteed; may not reflect current market or MLS status. Not Stellar MLS data.

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MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

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.

Based on information submitted to the MLS GRID as of May 31, 2026 at 8:01 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA