TAMPA, FL 33609 4308 W GRAY STREET 2 thru 5
$2,719,600



33 more

































Presented By: COMPASS FLORIDA LLC with 813-365-9935. - (305) 851-2820
Home Details
Introducing Gray Street Residences—a boutique collection of 4 brand-new by Milan Homes, 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. Units 2, 3, 4 and 5 are available and Units 1 & 6 have sold to private owners. HOA is $322 per month - Contact the Listing Agent to schedule your private tour today!
Presented By: COMPASS FLORIDA LLC with 813-365-9935. - (305) 851-2820
Interior Features for 4308 W GRAY STREET 2 thru 5
Bedrooms
Total Bedrooms12
Bathrooms
Total Baths12
Other Interior Features
LivingAreaSourceBuilder
Air Conditioning Y/NYes
Fireplace Y/NNo
FlooringLuxury Vinyl
Furnished Y/NUnfurnished
Heating Y/NYes
Interior AmenitiesOpen Floorplan, Other
Laundry FeaturesLaundry Closet, Upper Level
General for 4308 W GRAY STREET 2 thru 5
Additional Parcels DescriptionA-21-29-18-B8D-000000-00005.0, A-21-29-18-B8D-000000-00004.0, A-21-29-18-B8D-000000-00003.0, -29-18-B8D-000000-00002.0
Additional Parcels Y/NYes
Additional RoomsDen/Library/Office
AppliancesDishwasher, Disposal, Exhaust Fan, Microwave, Range, Refrigerator
Assoc Fee Paid PerMonthly
Association NameTBD
Attached Garage Yes
Builder NamePhi International Inc.
Building Area UnitsSquare Feet
Carport Y/NNo
CityTAMPA
Construction MaterialsBlock, Wood Frame
CoolingCentral Air
CountyHillsborough
DirectionsFrom Himes turn west on W Gray Street and the site is down on your left hand side.
Elementary SchoolGrady-HB
Flood Zone CodeX
Flood Zone Code XY
Garage Spaces1
Garage Y/NYes
Gross Income216000
HOA Fee$322
HeatingCentral, Electric
High SchoolPlant-HB
Land Lease Y/NNo
Lease Considered Y/NYes
Legal Description4308 GRAY STREET TOWNHOMES LOT 2 THRU 5
LevelsTwo
Listing TermsCash, Conventional, Private Financing Available
Living Area UnitsSquare Feet
Lot Size Square Feet0
MLS Area33609 - Tampa / Palma Ceia
Middle/Junior High SchoolColeman-HB
Monthly HOA Amount322
New ConstructionYes
Number Of Units Total4
Occupancy TypeVacant
OwnershipFee Simple
Pets AllowedYes
Property ConditionCompleted
Property SubtypeMulti Family (5+)
Property TypeResidential Income
RoofShingle
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameWESTSHORE PALMS
Tax Annual Amount5314.86
Tax Lot2-5
Tax Year2024
Unit Number2 thru 5
UtilitiesPublic
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built2025
ZoningPD
Exterior for 4308 W GRAY STREET 2 thru 5
Builder ModelGray Street Townhomes
Building Area Total10336
Covered Spaces1
Exterior AmenitiesOther
Foundation DetailsSlab
Lot Size Acres
Number of Buildings1
Number of Lots4
Number of Separate Electric Meters4
Private PoolNo
Road Surface TypeConcrete, Paved
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Plant-HB High School
Middle School
Coleman-HB Middle School
Elementary School
Grady-HB Elementary School
Jelver Andres Suarez
Realtor
SQFT • 9,108