4308 W Gray St #2 thru 5, Tampa, FL 33609 | For Sale

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For Sale $2,719,600 ($298.59 per Sq Ft)

$2,719,600 ($298.59 per Sq Ft)
  • (0)
  • 12 Bedrooms
  • 12 Bathrooms
  • 9,108 Sq Ft
  • Unknown Sq Ft

Description

Introducing Gray Street Residences—a boutique collection of 4 brand-new by Milan Homes, fee-simple townhomes located in the heart of South Tampa’s vibrant Westshore District. These modern farmhouse-style homes each feature 2,277 square feet of thoughtfully designed living space, with 3 bedrooms, 2.5 bathrooms, a 1-car garage, and a flexible bonus area ideal for a home office. Each residence is crafted with high-end finishes including quartz countertops, stainless steel appliances, luxury vinyl plank flooring throughout, and impact windows + doors. With no HOA fees and no minimum lease restrictions, short-term rentals are permitted, making Gray Street Residences an exceptional opportunity for investors. This project offers broad financing flexibility, with potential lending options such as DSCR (Debt Service Coverage Ratio), portfolio loans, commercial financing, and private lending solutions. Insurance costs are another win—new construction often qualifies for more favorable insurance rates due to its lower risk profile, and this site is located in Flood Zone X, further minimizing flood risk and enhancing overall insurability. One of the standout advantages is the ability to maximize depreciation benefits. Investors may leverage accelerated cost segregation and bonus depreciation strategies to reduce taxable income, significantly boosting early-year ROI compared to older properties.
Located just minutes from Tampa International Airport, International Plaza, Midtown, and many of the city’s premier dining and shopping destinations, Gray Street Residences combine modern luxury, income potential, and unbeatable convenience—all in one of Tampa’s most desirable neighborhoods. Units 2, 3, 4 and 5 are available and Units 1 & 6 have sold to private owners. HOA is $322 per month - Contact the Listing Agent to schedule your private tour today!

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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

Income

Rental Units


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Expenses

Property Details

List Price $2,719,600
Property Type Fourplex (4-units)
Usable Sqft 9,108
Number of Stories 0 stories
Parking Spots 1 spots
Year Built 2025
Last Sold Unknown
Sold Price Unknown
HOA Fees: $322
Association Name: TBD
Association Amenities: Unknown
APN # A212918B8D00000000006.0
MLS # TB8388069
Property ID 321822767
Lot Sqft Unknown
Zoning PD
Total Units 4
Days on Market 289
Original List Price $4,664,705
Applicances Dishwasher, Disposal, Exhaust Fan, Microwave, Range, Refrigerator%
Date Updated February 22, 2026
Date Created May 21, 2025
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Listing Provided By

Josh Taylor an agent of COMPASS FLORIDA LLC. Lic #3229543


© 2026 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of February 22, 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.



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