4513 W Mcelroy AVENUE, TAMPA, FL
$ 1,050,000
Property Attributes
  • MLS#T3519894
  • TypeIncome
  • CityTAMPA
  • AreaTampa
  • NeighborhoodBaybridge Rev
  • Zip33611
  • StyleQuadruplex
  • Year Built1966
  • Taxes$ 6522
  • Price$ 1,050,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2124
  • Lot Size0.21 Acres
Data Source:
Stellar MLS
Property Description

Welcome to this prime investment opportunity in the highly sought-after South Tampa neighborhood, just down the street from the all new Westshore Marina District! This property presents a great venture for investors with all four units in this quadplex meticulously designed and currently operating as short-term rentals. Nothing was overlooked in any unit with all units being completely renovated to meet modern standards with custom accent walls and luxurious amenities, this property offers a blend of modern comfort and convenience in a desirable setting. Nestled in such a great area, this property enjoys high demand from travelers, tourists, and business professionals alike, ensuring consistent occupancy rates and impressive rental income. The close proximity to key attractions, entertainment venues, dining establishments, and major transportation hubs, guests are afforded easy access to everything the area has to offer. Each unit boasts contemporary finishes, stylish furnishings, and an array of amenities designed to provide guests with an unparalleled stay experience. From fully-equipped kitchens and spacious living areas to cozy bedrooms and sleek bathrooms, every detail has been thoughtfully curated to exceed expectations and foster positive reviews. Investors will appreciate the turnkey nature of this property, with already a proven track record of profitability. Whether you're a seasoned investor looking to expand your current multifamily portfolio or a newcomer in the short term rental space thats seeking a promising entry into the Tampa Bay market, this property presents an exceptional opportunity with growth for long-term success. Make sure to take a look at this prime real estate in a thriving market & unlock the potential of this great property!

Price History
4/18/2024 Listed $1,050,000

General Features

Interior Features Ceiling Fan(s),Solid Surface Counters,Solid Wood Cabinets
Sewer Public Sewer
Heating Other
Cooling Mini-Split Unit(s)
Utilities Public
Roof Shingle
Exterior Features Dog Run
Zoning RM-16
Construction Materials Block
Year Built 1966
Property SubType Quadruplex
Tax Year 2023
Percent Ownership Fee Simple
Gross Income 130305
County Hillsborough
New Construction No
Property Type Residential Income
HOA / Comm Assn No
Subdivision Name BAYBRIDGE REV
Garage Y/N No
Status Active
Directions Go South On Dale Mabry & Take A Left Onto Gandy Blvd. Turn Left On Manhattan & Then Your First Right Onto McElroy Ave. The property will be on your right hand side
ModificationTimestamp 2024-04-19T11:01:39.307Z
Buyer Agent Compensation 2.5%-$495
View Y/N No
Senior Community Y/N No
NumberOfUnitsTotal 4
MLS Area 33611 - Tampa
Lot Size Units Square Feet
Lot Size Square Feet 9000
Waterfront Y/N No
Carport Y/N No
Land Lease Y/N No
Tax Annual Amount 6522.13
Additional Parcels Y/N No
Virtual Tour
Days on Market 1
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 No
Water View Y/N No
Flood Zone Code AE

Interior Features

Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Laundry Features Other
LivingAreaSource Public Records

Exterior Features

Water Source Public
Lot Size Area 9000
Foundation Details Slab
Number of Buildings 1
Building Area Total 2212
Lot Dimensions 60 x 150
Lot Size Acres 0.21
Road Surface Type Paved


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 33611

AVG $1.05M
AVG $6,522
AVG 778
Data Provided by Inside Real Estate®
Year Built
AVG 1966