4511 - 4513 Mcelroy Avenue, TAMPA, FL 33611
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  • MLS#: TB8460520 ( Residential Income )
  • Street Address: 4511 - 4513 Mcelroy Avenue
  • Viewed: 16
  • Price: $1,850,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1966
  • Bldg sqft: 0
  • Bedrooms: 8
  • Total Baths: 8
  • Days On Market: 32
  • Additional Information
  • Geolocation: 27.8926 / -82.5222
  • County: HILLSBOROUGH
  • City: TAMPA
  • Zipcode: 33611
  • Subdivision: Baybridge Rev
  • Provided by: SELLSTATE COASTAL REALTY
  • Contact: Eriola Goldman
  • 813-940-0101
  • mfrmls
  • DMCA Notice
  • Description
    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 (30180 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 Floridas 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.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Basketball Court, Courtyard, Dog Run, Outdoor Grill
  • Living Area: 4248.00
  • Roof: Shingle
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Mini-Split Unit(s)
  • Heating: Electric
  • Sewer: Public Sewer
  • Utilities: Cable Available
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Appliances: Cooktop, Dishwasher, Disposal, Microwave
  • Country: US
  • Interior Features: Other, Window Treatments
  • Legal Description: BAYBRIDGE REVISED W 60 FT OF E 80 FT OF LOT 9 BLOCK 20
  • Area Major: 33611 - Tampa
  • Parcel Number: A-08-30-18-3XJ-000020-00009.1
  • Views: 16
  • Zoning Code: RM-16