4511 - 4513 W MCELROY AVENUE | GelfandRealty.com

4511 - 4513 W MCELROY AVENUE

For sale Days on market 57

$1,700,000

$400/sq ft

$150,000
Price Decreased

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4511 - 4513 W MCELROY AVENUE

For sale Days on market 57

$1,700,000

$400/sq ft

$150,000
Price Decreased

Overview

Bedroom

Year Built

1966

Sqft

4248

Property Type

Multi Family (5+)

Property 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 (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.

Property Details

MLS#

TB8460520

Address

4511 - 4513 MCELROY W

City

Tampa

State/county

Zip/Postal Code

33611

Area

Baybridge Rev

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$7,143

Maint Fee

$--

Tax Year

2024

Cooktop

Dishwasher

Disposal

Microwave

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