4308 W GRAY STREET UNIT 2 thru 5

For sale Days on market 266

$2,719,600

$299/sq ft

$1,945,105
Price Decreased

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4308 W GRAY STREET UNIT 2 thru 5

For sale Days on market 266

$2,719,600

$299/sq ft

$1,945,105
Price Decreased

Overview

Bedroom

Year Built

2025

Garage

Sqft

9108

Property Description

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!

Property Details

MLS#

TB8388069

Garage

Address

4308 GRAY W

City

Tampa

State/county

Zip/Postal Code

33609

Area

Westshore Palms

Country

United States

HOA

Yes

Assoc Fee

$322

Assoc Fee Pd

Monthly

Tax Amount

$5,314

Maint Fee

$--

Tax Year

2024

Dishwasher

Disposal

Exhaust Fan

Microwave

Range

Refrigerator

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