4511 W MCELROY AVE, Tampa, FL 33611
4511 W MCELROY AVE, Tampa, FL 33611
4511 W MCELROY AVE, Tampa, FL 33611
4511 W MCELROY AVE, Tampa, FL 33611
4511 W MCELROY AVE, Tampa, FL 33611
4511 W MCELROY AVE, Tampa, FL 33611
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$ 825,000
Est. payment | /mo

4 Beds

4 Baths

2,124 SqFt


Save
$ 825,000
Est. payment | /mo
Save

4 Beds

4 Baths

2,124 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,124 sqft

Price per Sqft $388

Subdivision Baybridge Rev

MLS Listing ID TB8544469

Bedrooms 4

HOA Y/N No

Year Built 1966

Annual Tax Amount $7,460

Lot Size 9,147 Sqft

Acres 0.21

Lot Dimensions 60x150

Property Sub-Type Quadruplex

Source Stellar MLS

Property Description

**TURNKEY 4-UNIT INVESTMENT OPPORTUNITY IN SOUTH TAMPA!** Located in a highly desirable South Tampa rental corridor, this property
presents an exceptional opportunity for investors seeking a versatile income-producing asset with multiple rental strategies. This well-positioned multifamily property features **four 1-bedroom, 1-bath units**, providing a diversified income stream while maintaining efficient and highly desirable floor plans while being built with solid concrete block construction. Each unit is separately rentable, making the property well suited for traditional long-term rentals, furnished mid-term rentals, or short-term rental strategies. Also this property features a newer roof, with the full roof replacement that was done in 2022!

The property's South Tampa location provides convenient access to major roadways, employment centers, shopping, dining, entertainment, and the area's beaches and waterfront destinations. Its proximity to Westshore, Gandy, and surrounding South Tampa neighborhoods further enhances its appeal to both tenants and investors. For investors, the combination of four individual units at this affordable price in an exclusive area creates an attractive opportunity to acquire and operate a flexible multifamily asset. Whether you're looking for immediate rental income, a long-term hold, or additional upside through optimized management and rental strategy, this property offers a compelling investment platform in one of Tampa's most established markets. • Multiple rental strategy options • Strong demand for smaller residential units • Convenient access to Westshore, Gandy and major Tampa thoroughfares • Excellent opportunity for investors seeking income and long-term appreciation potential

Location

State FL

County Hillsborough

Community Baybridge Rev

Area 33611 - Tampa

Zoning RM-16

Interior

Interior Features Ceiling Fans(s)

Heating Other

Cooling Mini-Split Unit(s)

Fireplace false

Laundry None

Exterior

Exterior Feature Basketball Court, Dog Run, Fence, Lighting, Outdoor Grill

Utilities Available Public

View Y/N No

Water Access No

Roof Type Shingle

Garage false

Private Pool No

Building

Entry Level One

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Block

New Construction false

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition None

Stellar MLS
Listed by Taylor Cresswell SELLSTATE COASTAL REALTY

Nearby Locations

GET MORE INFORMATION

Donna DeMeglio
Donna DeMeglio

Associate Broker/R.E. Solution Expert Lic# BK3009304

+1(386) 220-5303

38 Fairway Ct, DeLand, FL 32724, USA

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4511 W MCELROY AVE