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 Features
Amenities
Feature Descriptions
Listed By / Shown By
Listed By
Agency Name: SELLSTATE COASTAL REALTY
Agency Contact: 813-940-0101
Shown By
Agent Name: Frances Holland Farnsworth
Agent Phone: (904) 753-1862
Agency Title: Watson Realty Corp., REALTORS ®
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Estimated Payment
$ 9,288.74 per month $8,197.66 Principal & Interest $595.25 Property Tax $495.83 Homeowner's InsuranceChange Payment Information
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4511 - 4513 W Mcelroy Avenue | MLS# TB8460520
This multi-family property located at 4511 - 4513 W Mcelroy Avenue, Tampa, FL 33611 is currently listed for sale with an asking price of $1,700,000. Search Tampa real estate on fholland.watsonrealtycorp.com today.