Active

$1,850,000

Features:
  • 8 Bedrooms
  • 8 Bathrooms
  • 4248 sq ft
Overview
  • ID: MFRTB8460520
  • Bedrooms: 8
  • Bathrooms: 8
  • Size: 4248 sq ft
Property Details
Remarks
Experience a rare opportunity to acquire an 8-unit income-producing portfolio in highly-desirable South Tampa. Located minutes to downtown Tampa, world-class beaches, Tampa International Airport, MacDill AFB, major hospitals, shopping and dining — this property offers an exceptional blend of location, stability and long-term growth potential. The portfolio consists of eight well-maintained 1-bedroom residences, currently operated as mid-term rentals (30–180 day occupancies) catering to professionals, relocating residents, medical staff, military, executives and seasonal guests. This strategy has delivered strong occupancy and consistent revenue performance, with lower turnover and reduced wear compared to nightly rentals. This asset is ideal for passive investors, 1031 exchange buyers, private equity groups or wealth-building portfolio owners seeking reliable income in one of Florida’s most resilient rental markets. The property is positioned for continued performance with stable demand drivers and long-term appreciation trends in South Tampa. Opportunities like this are rarely available — an entire stabilized portfolio in one of the most sought-after submarkets in the Tampa Bay region. Shown by appointment only. Please do not disturb residents.
Financial Considerations
Price:
$1,850,000
HOA Fee:
N/A
Tax Amount:
$7143.98
Price per SqFt:
$435.5
Tax Legal Description:
BAYBRIDGE REVISED W 60 FT OF E 80 FT OF LOT 9 BLOCK 20
Exterior Features
Lot Size:
4528
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
8
Bathrooms:
8
Heating:
Electric
Cooling:
Mini-Split Unit(s)
Appliances:
Cooktop, Dishwasher, Disposal, Microwave
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Multi-Family 5+
Style:
N/A
Year Built:
1966
Construction Type:
Block
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Basketball Court, Courtyard, Dog Run, Outdoor Grill
Additional Features 2:
N/A
Map
  • Address
    4511 - 4513 W MCELROY AVE
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