Active

$4,664,705

Features:
  • 18 Bedrooms
  • 12 Bathrooms
  • 13662 sq ft
Overview
  • ID: MFRTB8388069
  • Bedrooms: 18
  • Bathrooms: 12
  • Size: 13662 sq ft
Property Details
Remarks
Under Construction. Introducing Gray Street Residences—a boutique collection of six brand-new, fee-simple townhomes located in the heart of South Tampa’s vibrant Westshore District. These modern farmhouse-style homes each feature 2,277 square feet of thoughtfully designed living space, with 3 bedrooms, 2.5 bathrooms, a 1-car garage, and a flexible bonus area ideal for a home office. Each residence is crafted with high-end finishes including quartz countertops, stainless steel appliances, luxury vinyl plank flooring throughout, and impact windows + doors. With no HOA fees and no minimum lease restrictions, short-term rentals are permitted, making Gray Street Residences an exceptional opportunity for investors. This project offers broad financing flexibility, with potential lending options such as DSCR (Debt Service Coverage Ratio), portfolio loans, commercial financing, and private lending solutions. Insurance costs are another win—new construction often qualifies for more favorable insurance rates due to its lower risk profile, and this site is located in Flood Zone X, further minimizing flood risk and enhancing overall insurability. One of the standout advantages is the ability to maximize depreciation benefits. Investors may leverage accelerated cost segregation and bonus depreciation strategies to reduce taxable income, significantly boosting early-year ROI compared to older properties. Located just minutes from Tampa International Airport, International Plaza, Midtown, and many of the city’s premier dining and shopping destinations, Gray Street Residences combine modern luxury, income potential, and unbeatable convenience—all in one of Tampa’s most desirable neighborhoods. Contact the Listing Agent to schedule your private tour today!
Financial Considerations
Price:
$4,664,705
HOA Fee:
N/A
Tax Amount:
$5314.86
Price per SqFt:
$341.44
Tax Legal Description:
4308 GRAY STREET TOWNHOMES LOT 1 thru 6
Exterior Features
Lot Size:
15682
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
18
Bathrooms:
12
Heating:
Central, Electric
Cooling:
Central Air
Appliances:
Dishwasher, Disposal, Exhaust Fan, Microwave, Range, Refrigerator
Furnished:
Yes
Floor:
Luxury Vinyl
Levels:
Two
Additional Features
Property Sub Type:
Multi Family
Style:
N/A
Year Built:
2025
Construction Type:
Block, Frame
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
Yes
Special Condition:
None
Additional Features:
Other
Additional Features 2:
Buyer to refer to CC&Rs.
Map
  • Address
    4308 W GRAY ST #1 thru 6
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