$4,052,000 - 5901 Bryce Lane, TAMPA
- -
- Bedrooms
- -
- Baths
- 18,277
- SQ. Feet
- 1.78
- Acres
A 34-unit, 5-building garden-style community on 1.78 acres in one of West Tampa's tightest-fundamental submarkets, minutes from Tampa International Airport and the Veterans Expressway. Built in 1983 and 94% occupied, this is a small-bay multifamily asset with real, in-place rent upside — not a pro forma story. The math: in-place 1-bedroom rents run $925 to $1,250 against a $1,144 average, and every point of that spread closes with routine turnover and light unit-level work — flooring's already been swapped in multiple units (9/2025, 11/2025), and a water heater replaced as recently as 7/2025. Electric is individually metered per unit, keeping the expense line clean; water runs on a single master meter. Offered at $4,052,000 — $119,176 per unit — against a 6.5% cap rate on 2026 annualized NOI of $263,384. Low density, low deferred maintenance, and a rent roll with room to run.
Essential Information
-
- MLS® #:
- TB8550680
-
- Price:
- $4,052,000
-
- Square Footage:
- 18,277
-
- Acres:
- 1.78
-
- Year Built:
- 1983
-
- Type:
- Commercial Sale
-
- Sub-Type:
- Multi Family (5+)
-
- Status:
- Active
Community Information
-
- Address:
- 5901 Bryce Lane
-
- Area:
- Tampa / Town and Country
-
- Subdivision:
- UNPLATTED
-
- City:
- TAMPA
-
- County:
- Hillsborough
-
- State:
- FL
-
- Zip Code:
- 33615-6210
Interior
-
- Cooling:
- Wall/Window Unit(s)
-
- # of Stories:
- 1
Exterior
-
- Roof:
- Shingle
-
- Foundation:
- Crawlspace
Additional Information
-
- Days on Market:
- 1
-
- Zoning:
- RMC-16
Listing Details
- Listing Office:
- Realty One Group Advantage