4511 - 4513 W Mcelroy Avenue, Tampa, FL 33611
- $1,500,000
- 8
- BD
- 8
- BA
- 4,248
- SqFt
- List Price
- $1,500,000
- Status
- ACTIVE
- MLS#
- TB8566978
- Bedrooms
- 8
- Bathrooms
- 8
- Living Area
- 4,248
- Subdivision
- Baybridge Rev
Property Description
Experience a rare opportunity to acquire an 8-unit income-producing asset in highly-desirable South Tampa neighborhood. Located minutes to MacDill AFB, downtown Tampa, world-class beaches, Tampa International Airport, major hospitals, shopping and dining — this property offers an exceptional blend of location, stability and long-term growth potential. The property consists of eight well-maintained 1-bedroom 1-bathroom residences between two separate buildings. All the major updates have been completed which includes NEW ROOFS on both buildings in 2024. Also all the interiors have been completely updated over the past 12-24 months with brand new kitchens, granite counters, newly tiled bathrooms, updated floors, fresh paint, plus all new fixtures and hardware. 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 — a great additional to any portfolio in one of the most sought-after submarkets in the Tampa Bay region. Shown by appointment only. Please do not disturb residents.
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Additional Information
- Year Built
- 1966
- Construction
- Block, Brick
- Living Area
- 4,248
- Acres
- 0.42
- Interior Features
- Ceiling Fans(s), Solid Surface Counters, Solid Wood Cabinets
- Cooling
- Mini-Split Unit(s)
- Heating
- Electric
- Exterior Features
- Basketball Court, Dog Run
- Sewer
- Public Sewer
- Pets
- Yes
Listing courtesy of SELLSTATE COASTAL REALTY.
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