4511 - 4513 MCELROY, TAMPA, FL, 33611 — photo 1
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4511 - 4513 MCELROY, TAMPA, FL, 33611

$1,700,000

8 Beds4,248 Sq FtBuilt 19660.42 Acres

About This Property

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.

Subdivision

BAYBRIDGE REV

Status

Active

Listed By

SELLSTATE COASTAL REALTY

Days on Market

57

Mortgage Calculator

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Est. Monthly Payment

$10,238

30-yr fixed · 20% down · 6.875%

Principal & Interest$8,934
Property Tax (actual)$595
Est. Home Insurance~0.5% est.$708
Total / month$10,238
Loan amount$1,360,000

Estimates only — taxes and insurance are approximate. PMI rate, actual lender fees, and closing costs not included. Contact a licensed lender for a precise quote.

Interested in This Property?

Schedule a showing or ask a question. We respond in under 2 hours.

Call (813) 618-7653Request a Showing

MLS# cba2a3d656d38c34237dd8947706ca16

Location