503 Dr Martin Luther King Jr Boulevard, FL
Stellar MLS
1 / 1

$3,000,000

503 Dr Martin Luther King Jr BoulevardTampa, FL 33603

Listing updated: October 20, 2026 at 1:01 AM ET

Active
Stellar MLSListing courtesy of Paul Melikian · Paul Melikian · MLS #TB8559332 · Active · 813-928-6231
0
Baths
2.35
Acres
◆2.35 acres◆$29/sqft◆360° tour
Land

Property type

102,600 sqft

Lot size

$29

Price / sq ft

No HOA

HOA dues

0

Days on market

X

Flood zone

About this home

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.

Estimated monthly payment

Principal & interest$15,170
Property taxes$653
Home insurance (est.)$1,375

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
    Oct 19, 2026
  2. Listed$3,000,000
    Oct 19, 2026

Facts & features

Property type
Land
Status
Active
Days on market
0
Subdivision
Chelsea
County
Hillsborough
Price/sq ft
$29
Lot size
102,600 sq ft
Lot category
2 to less than 5
Flood zone
X (12057C0352J)
Annual taxes
$7,833 (2025)
Parcel #
A-01-29-18-4GN-000009-00011.1
Zoning
SH-PD
MLS #
TB8559332

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Interior Details

Direction faces
South

Parking

Garage spaces
0

HOA & Financial

Total monthly fees
None
Total annual fees
None
Ownership
Fee Simple

Exterior & Construction

Road surface
Asphalt

Utilities

Sewer
Public Sewer
Water source
None
Utilities
BB/HS Internet Available, Electricity Available, Sewer Available

Listing Details

Listing date
2026-10-15
On market date
2026-10-19
Original list price
$3,000,000
MLS area
33603 - Tampa / Seminole Heights
Listing AOR
Suncoast Tampa
Status changed
2026-10-19
Tax legal description
CHELSEA S 145 FT OF LOTS 11 AND 12 AND LOT 13 BLOCK 9

Flood risk

Minimal riskFEMA Zone XPanel 12057C0352J

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

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

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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 October 20, 2026 at 1:01 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.

All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.

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