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4513 W McElroy Ave
Tampa, FL 33611
Multifamily Property For Sale
·
4 Units
Investment Highlights
- 4 UNIT STR
- GREAT LOCATION
- TURNKEY
Executive Summary
Prime investment opportunity in the heart of South Tampa. This well-located 4-unit property offers immediate income potential with significant upside through short-term or mid-term rental optimization. Each unit presents a functional layout ideal for maximizing rental efficiency, making this asset attractive for both seasoned investors and owner-operators.
Positioned in a high-demand rental corridor, the property benefits from close proximity to Downtown Tampa, Bayshore Boulevard, major employment hubs, dining, and entertainment. The area continues to experience strong growth, supporting both long-term stability and short-term rental demand.
The property is being offered as part of a larger 8-unit asset, now split into two 4-unit buildings, providing flexibility for investors seeking a smaller acquisition or the opportunity to scale by acquiring both. With the right management and strategic upgrades, the property has the potential to significantly increase rental income through short-term rental platforms, corporate housing, or furnished mid-term rentals.
Ideal for investors seeking a value-add opportunity in one of Tampa’s most desirable submarkets.
Positioned in a high-demand rental corridor, the property benefits from close proximity to Downtown Tampa, Bayshore Boulevard, major employment hubs, dining, and entertainment. The area continues to experience strong growth, supporting both long-term stability and short-term rental demand.
The property is being offered as part of a larger 8-unit asset, now split into two 4-unit buildings, providing flexibility for investors seeking a smaller acquisition or the opportunity to scale by acquiring both. With the right management and strategic upgrades, the property has the potential to significantly increase rental income through short-term rental platforms, corporate housing, or furnished mid-term rentals.
Ideal for investors seeking a value-add opportunity in one of Tampa’s most desirable submarkets.
Property Facts
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Microwave
- Heating
- Ceiling Fans
- Kitchen
- Granite Countertops
- High Speed Internet Access
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Wi-Fi
- Yard
- Grill
- Coffee System
- Deck
- Lawn
- Patio
Site Amenities
- 24 Hour Access
- Furnished Units Available
- Grill
- Pet Play Area
- Wi-Fi
- Community-Wide WiFi
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | 2,148 |
Property Taxes
| Parcel Number | A-08-30-18-3XJ-000020-00009.1 | Improvements Assessment | $224,918 |
| Land Assessment | $141,120 | Total Assessment | $366,038 |
Property Taxes
Parcel Number
A-08-30-18-3XJ-000020-00009.1
Land Assessment
$141,120
Improvements Assessment
$224,918
Total Assessment
$366,038
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