TAMPA, FL 33611 4511 - 4513 W MCELROY AVENUE
$1,700,000



24 more
























Presented By: SELLSTATE COASTAL REALTY with 813-940-0101. - 813-940-0101
Home Details
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.
Presented By: SELLSTATE COASTAL REALTY with 813-940-0101. - 813-940-0101
Interior Features for 4511 - 4513 W MCELROY AVENUE
Bedrooms
Total Bedrooms8
Bathrooms
Total Baths8
Other Interior Features
LivingAreaSourcePublic Records
Air Conditioning Y/NYes
Fireplace Y/NNo
Heating Y/NYes
Interior AmenitiesOther, Window Treatments
Laundry FeaturesCommon Area
General for 4511 - 4513 W MCELROY AVENUE
Additional Parcels DescriptionA-08-30-18-3XJ-000020-00009.3
Additional Parcels Y/NYes
AppliancesCooktop, Dishwasher, Disposal, Microwave
Building Area UnitsSquare Feet
Carport Y/NNo
CityTAMPA
Construction MaterialsBlock
CoolingMini-Split Unit(s)
CountyHillsborough
DirectionsSouth on Westshore, cross over Gandy, turn east on next street behind Walgreens W. McElroy Ave, Complex on the left side 3 blocks down.
Flood Zone CodeAE
Garage Y/NNo
Gross Income256000
HeatingElectric
Land Lease Y/NNo
Legal DescriptionBAYBRIDGE REVISED W 60 FT OF E 80 FT OF LOT 9 BLOCK 20
Living Area UnitsSquare Feet
Lot Size Square Feet4528
Lot Size UnitsSquare Feet
MLS Area33611 - Tampa
New ConstructionNo
Number Of Units Total8
Ok to Lease>6 Months <12
OwnershipFee Simple
Property SubtypeMulti Family (5+)
Property TypeResidential Income
RoofShingle
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameBAYBRIDGE REV
Tax Annual Amount7143.98
Tax Lot9
Tax Year2024
UtilitiesCable Available
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1966
ZoningRM-16
Exterior for 4511 - 4513 W MCELROY AVENUE
Exterior AmenitiesBasketball Court, Courtyard, Dog Run, Outdoor Grill
Foundation DetailsBlock
Lot Size Acres0.42
Lot Size Area4528
Number of Buildings4
Number of Lots2
Private PoolNo
Road Surface TypeAsphalt
SpaNo
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Wei Wang
Realtor
SQFT • 4,248