Back to Search
4511 - 4513 W Mcelroy Ave
For Sale $1,850,000 ($435.50 per Sq Ft)
$1,850,000 ($435.50 per Sq Ft)
- 8 Units
- 4,248 Sq Ft
- 4,528 Sq Ft
- Unknown Cap Rate
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.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $1,850,000 |
| Property Type | Multi-Family |
| Usable Sqft | 4,248 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1966 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | A0830183XJ00002000009.1 |
| MLS # | TB8460520 |
| Property ID | 320365359 |
| Lot Sqft | 4,528 |
| Zoning | RM-16 |
| Total Units | 8 |
| Days on Market | 154 |
| Original List Price | $1,850,000 |
| Applicances | Cooktop, Dishwasher, Disposal, Microwave% |
| Date Updated | January 30, 2026 |
| Date Created | September 09, 2025 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Eriola Goldman an agent of .
© 2026 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of January 30, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Contact Agent
Schedule Appointment
Showing Agent
Loading agent...
- 30 mins
- America/Phoenix
Sun
Mon
Tue
Wed
Thu
Fri
Sat
Robert Crawford
REAL ESTATE AGENT