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$1,850,000 - 4511 - 4513 West Mcelroy Avenue, TAMPA

8
Bedrooms
8
Baths
4,248
SQ. Feet
0.42
Acres

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.

Essential Information

  • MLS® #:
    TB8460520
  • Price:
    $1,850,000
  • Bedrooms:
    8
  • Bathrooms:
    8.00
  • Square Footage:
    4,248
  • Acres:
    0.42
  • Year Built:
    1966
  • Type:
    Residential Income
  • Sub-Type:
    Multi-Family 5+
  • Status:
    Active

Community Information

  • Address:
    4511 - 4513 West Mcelroy Avenue
  • Area:
    Tampa
  • Subdivision:
    BAYBRIDGE REV
  • City:
    TAMPA
  • County:
    Hillsborough
  • State:
    FL
  • Zip Code:
    33611

Interior

  • Interior Features:
    Other, Window Treatments
  • Appliances:
    Cooktop, Dishwasher, Disposal, Microwave
  • Heating:
    Electric
  • Cooling:
    Mini-Split Unit(s)

Exterior

  • Exterior Features:
    Basketball Court, Courtyard, Dog Run, Outdoor Grill
  • Roof:
    Shingle
  • Foundation:
    Block

Additional Information

  • Days on Market:
    33
  • Zoning:
    RM-16

Listing Details

  • Listing Office:
    Sellstate Coastal Realty

Listing information courtesy of Sellstate Coastal Realty.

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Listing data comes from My Florida Regional MLS.

Listing information last updated on March 1st, 2026 at 6:48am EST.