$1,700,000

4511 - 4513 W MCELROY AVENUE, Tampa, FL 33611

  • 8 beds |
  • 8 baths |
  • 4,248 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1966
  • Property Lot Size Icon0.42acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $400/sqft
  • Property List Date Icon Listed 6 months ago

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.

Listing Status:
Active
Date Added:
January 27, 2026
Data Last Updated:
April 3, 2026 at 9:21PM
Listing Office:
SELLSTATE COASTAL REALTY : 813-940-0101
Listing Agent:
Eriola Goldman : 239-464-2510
MLS ID:
TB8460520
  • General: OtherWindow Treatments
  • Appliances: CooktopDishwasherDisposalMicrowave
  • Laundry: Common Area
  • A/C: Mini-Split Unit(s)
  • Heating: Electric
  • General: Basketball CourtCourtyardDog RunOutdoor Grill
  • Roofing: Shingle
  • General: Block
  • Road/Access: Asphalt
  • Originating MLS: Stellar MLS
  • County: Hillsborough
  • Zoning: RM-16BAYBRIDGE REVISED W 60 FT OF E 80 FT OF LOT 9 BLOCK 20A-08-30-18-3XJ-000020-00009.1
  • Utilities: Cable Available
  • Water: Public
  • Sewer: Public Sewer
  • Source: Stellar MLS
  • Ownership: Fee Simple

This listing courtesy of Eriola Goldman , SELLSTATE COASTAL REALTY

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

A

Anderson Elementary School

3910 W Fair Oaks Ave, Tampa, FL, 33611

Grades KG-5

0.94 miles away

M

Madison Middle School

4444 W Bay Vista Ave, Tampa, FL, 33611

Grades 6-8

0.94 miles away

R

Robinson High School

6311 S Lois Ave, Tampa, FL, 33616

Grades 9-12

1.30 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.