2 months on rocket

7222 E Dr Martin Luther King Jr Blvd, Tampa, FL, 33619

$2,000,000

2.82 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeOther
MLS #T3506316
Lot Size2.82 Acres
StatusActive

About 7222 E Dr Martin Luther King Jr Blvd

Exceptional 2.82-Acre Commercial Development Opportunity in Tampa. Nestled in the heart of Tampa's dynamic growth corridor, this expansive 2.82-acre property offers an unparalleled opportunity for commercial development. Zoned for Planned Development (PD), the land presents a blank canvas for a visionary project. Current zoning allows for a wide variety of permitted uses that include light industrial, warehousing, research laboratories, offices, hotel, automotive, agricultural and many more uses. The land's flat topography and clear boundaries make it an ideal site for development, significantly reducing construction complexities. Utilities are readily available, with easy connections to essential services such as electricity, water, sewage, and high-speed internet, ensuring that the development process is as smooth as possible. Features 202 feet of frontage on a major thoroughfare FL-579 (E MLK Jr Blvd), complete with two curb cuts and additional deeded easement for access to Orient Rd. Ideally located near I-4, US-301, and I-75, offering excellent connectivity. Additional income is generated through an existing billboard lease on the property. Tampa's economy is on the rise, and this property is perfectly positioned to capitalize on this growth. The combination of its accessible location, versatile zoning, and development-ready features makes it an ideal investment for forward-thinking developers and businesses.

Property Details

Property Features

Listing Office:

  • Office Name: YELLOWFIN REALTY
  • Office Phone: (813) 229-8862
  • Listing Agent: Andrew Schmitt

Virtual/3D Tour

  • Virtual Tour: 7222 E Dr Martin Luther King Jr Blvd

Virtual Tour

Lot Features

Lot Information:

  • Lot: Cleared, Level, Sidewalk, Paved
  • Lot Size: 2.82 Acres

School Info

Assigned Schools Information:

  • Hillsborough Virtual School, Public District Grades KG-12
  • Blake High School, Public Magnet Grades 9-12
  • Mann Middle School, Public District Grades 6-8
  • Kenly Elementary School, Public District Grades PK-5
  • Metropolitan Ministries Partnership Elementary School, Public District Grades KG-5
  • Usf/Patel Partnership Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: I-75 South to exit 260 to merge onto FL-574 west E Dr. Martin Luther King Jr Blvd. Drive west and property will be on the immediate right after crossing Orient Rd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,000,000

Tax Information:

  • Annual Amount: $10,048
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Tampa, FL.

Med. Sold Price

$411.3K

Med. Price/SqFt

$267

Avg. Days On Market

47

# of Sold Homes

735

7222 E Dr Martin Luther King Jr Blvd vs Tampa

64 DAYS ON ROCKET

+17 Days

$2,000,000

+$1.5M More

KEY TAKEAWAY

This property is $1.5M more than the Median Sold Price in Tampa, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #T3506316

Listing Office:

  • Office Name: YELLOWFIN REALTY
  • Office Phone: (813) 229-8862
  • Listing Agent: Andrew Schmitt

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

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.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 4/27/2024, 8:19:16 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$10,048$682,374
2018$8,400$541,807
2017$7,993$528,377

History based on county public records data.

Payment Calculator

$10K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,063

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1587796
4
/10
  • Kenly Elementary School

  • 2909 N 66th St

  • 0.92 miles

  • Public District Grades PK-5

school-card-donut-1587797
8
/10
  • Metropolitan Ministries Partnership Elementary School

  • 102 E Palm Ave

  • 5.45 miles

  • Public District Grades KG-5

school-card-donut-1587798
6
/10
  • Usf/Patel Partnership Elementary School

  • 11801 Usf Bull Run St

  • 5.49 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1587799
3
/10
  • Mann Middle School

  • 409 E Jersey Ave

  • 6.10 miles

  • Public District Grades 6-8

High School

school-card-donut-1587800
6
/10
  • Hillsborough Virtual School

  • 901 E Kennedy Blvd

  • 5.28 miles

  • Public District Grades KG-12

school-card-donut-1587801
2
/10
  • Blake High School

  • 1701 N Boulevard

  • 5.87 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,152. Typical income of Tampa, FL residents is less than $35k annually. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7222 E Dr Martin Luther King Jr Blvd

What is the listing price of this property?

The listing price of 7222 E Dr Martin Luther King Jr Blvd property is $2,000,000.

What type of property is this?

The property 7222 E Dr Martin Luther King Jr Blvd is land located in Tampa, Florida, 33619.

Is this property for sale now?

Active Listing: 7222 E Dr Martin Luther King Jr Blvd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 7222 E Dr Martin Luther King Jr Blvd are:
Kenly Elementary School: GreatSchools Rating 4/10
Metropolitan Ministries Partnership Elementary School: GreatSchools Rating 8/10
Usf/Patel Partnership Elementary School: GreatSchools Rating 6/10
Mann Middle School: GreatSchools Rating 3/10
Hillsborough Virtual School: GreatSchools Rating 6/10
Blake High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $10,048 (source: MLS/based on county public records data).

How much acreage is this property?

The property 7222 E Dr Martin Luther King Jr Blvd is 2.82 acres.
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Rocket HomesFloridaHillsborough CountyTampa336197222 E Dr Martin Luther King Jr Blvd

This home is located at 7222 E Dr Martin Luther King Jr Blvd in Tampa, FL and zip code 33619. This home sits on a 2.82 acre lot. It has been listed on Rocket Homes since February 23, 2024 and is currently priced at $2,000,000.

In March 2024 more than 130 listings in Tampa, FL were sold above the asking price. During the same period more than 164 listings were sold at asking price, while more than 441 were sold below. The inventory of homes for sale in Tampa, FL between February 2024 and March 2024 increased by 3.1%. In March 2024, listings were on the market for 47 days. During the same period, the median list price in this real estate market was $411,383.

From Rocket Homes Real Estate and based on county public records data.

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