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4511 - 4513 W MCELROY AVENUE Tampa, FL $ 1,850,000
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4511 - 4513 W MCELROY AVENUE
$ 1,850,000
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4511 - 4513 W MCELROY AVENUE

Tampa, FL, 33611
$ 1,850,000
Bedrooms8 Baths8.0 Sq 4,248

Monthly Estimate*

$ 11,391

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Multi-Family Home for sale in Tampa, FL

for $1,850,000 with 8 bedrooms and 8 full baths. This 4,248 square foot home was built in 1966 on a lot size of 0.42.

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.

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Multi-Family Active

Price

$ 1,850,000

Bedrooms

8

Full Bath

8

Property Type

Multi-Family

Taxes

$ 7,143

Style

Lot Size

0.42

Year Built

1966

Town/City

Tampa

County/Region

Hillsborough

MLS | Web ID

TB8460520
Features
General
Sewer Public Sewer
Heating Electric
Cooling Mini-Split Unit(s)
Utilities Cable Available
Roof Shingle
Appliances Cooktop Dishwasher Disposal Microwave
Zoning RM-16
Construction Materials Block
Year Built 1966
Tax Year 2024
Ownership Fee Simple
Gross Income 256000
Additional Parcels Description A-08-30-18-3XJ-000020-00009.3
County Hillsborough
New Construction false
Property Type Residential Income
Subdivision Name BAYBRIDGE REV
Garage Y/N false
Status Active
Directions South on Westshore cross over Gandy turn east on next street behind Walgreens W. McElroy Ave Complex on the left side 3 blocks down.
City TAMPA
Senior Community Y/N false
Number Of Units Total 8
MLS Area 33611 - Tampa
Lot Size Units Square Feet
Lot Size Square Feet 4528
Carport Y/N false
Land Lease Y/N false
Tax Annual Amount 7143.98
Ok to Lease >6 Months <12
Additional Parcels Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8460520
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 9
Legal Description BAYBRIDGE REVISED W 60 FT OF E 80 FT OF LOT 9 BLOCK 20
Water Access Y/N false
Water View Y/N false
Flood Zone Code AE
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Interior
Interior Amenities Other Window Treatments
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Common Area
Total Bedrooms 8
Total Baths 8
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Exterior
Exterior Amenities Basketball Court Courtyard Dog Run Outdoor Grill
Water Source Public
Lot Size Area 4528
Foundation Details Block
Number of Buildings 4
Spa false
Lot Size Acres 0.42
Road Surface Type Asphalt
Private Pool false
Waterfront Y/N false
Number of Lots 2
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* Excluded Features
List By
Sellstate Coastal Realty

Broker

eri@pegasusgroupus.com

Email

Affordability Calculator

$11,986
Per Month
95%
5%
0%
Monthly Principal & Interest
$11,391
Monthly Property Taxes
$595
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
1/27/2026 $1,850,000 Listed Price

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4511 - 4513 W MCELROY AVENUE, Tampa, FL, 33611 is a Multi-Family Home for sale at $1,850,000 with 4,248 sqft and a lot size of 0.42. 4511 - 4513 W MCELROY AVENUE has 8 bedrooms, 8.0 baths, and was built in 1966. The property's zip code is 33611 which is in Tampa, FL

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