4513 W MCELROY AVE, Tampa, FL 33611
4513 W MCELROY AVE, Tampa, FL 33611
4513 W MCELROY AVE, Tampa, FL 33611
4513 W MCELROY AVE, Tampa, FL 33611
4513 W MCELROY AVE, Tampa, FL 33611
4513 W MCELROY AVE, Tampa, FL 33611
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$ 789,900
Est. payment | /mo

4 Beds

4 Baths

2,124 SqFt


$ 789,900
Est. payment | /mo

4 Beds

4 Baths

2,124 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,124 sqft

Price per Sqft $371

Subdivision Baybridge Rev

MLS Listing ID TB8544449

Bedrooms 4

HOA Y/N No

Year Built 1966

Annual Tax Amount $7,436

Lot Size 9,147 Sqft

Acres 0.21

Lot Dimensions 60x150

Property Sub-Type Quadruplex

Source Stellar MLS

Property Description

**TURNKEY 4-UNIT INVESTMENT OPPORTUNITY IN SOUTH TAMPA!** Located in a highly desirable South Tampa rental corridor, this property presents an exceptional opportunity for investors seeking a versatile income-producing asset with multiple rental strategies. This well-positioned multifamily property features **four 1-bedroom, 1-bath units**, providing a diversified income stream while maintaining efficient and highly desirable floor plans while being built with solid concrete block construction. Each unit is separately rentable, making the property well suited for traditional long-term rentals, furnished mid-term rentals, or short-term rental strategies. Also this property got a full roof replacement in 2022!

The property's South Tampa location provides convenient access to major roadways, employment centers, shopping, dining, entertainment, and the area's beaches and waterfront destinations. Its proximity to Westshore, Gandy, and surrounding South Tampa neighborhoods further enhances its appeal to both tenants and investors. Even though this property is located in a flood zone, it never flooded with all the recent storms or hurricanes, as well as, has an extremely affordable flood insurance policy.

For investors, the combination of four individual units at this affordable price in an exclusive area creates an attractive opportunity to acquire and operate a flexible multifamily asset. Whether you're looking for immediate rental income, a long-term hold, or additional upside through optimized management and rental strategy, this property offers a compelling investment platform in one of Tampa's most established markets.

• Multiple rental strategy options
• Strong demand for smaller residential units
• Convenient access to Westshore, Gandy and major Tampa thoroughfares
• Excellent opportunity for investors seeking income and long-term appreciation potential

Location

State FL

County Hillsborough

Community Baybridge Rev

Area 33611 - Tampa

Zoning RM-16

Interior

Interior Features Ceiling Fans(s)

Heating Other

Cooling Mini-Split Unit(s)

Fireplace false

Laundry None

Exterior

Exterior Feature Basketball Court, Dog Run, Fence, Fire Pit, Lighting, Outdoor Grill, Private Mailbox, Sidewalk

Utilities Available Public

View Y/N No

Water Access No

Roof Type Shingle

Garage false

Private Pool No

Building

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Block

New Construction false

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8544449

Stellar MLS
Listed by Taylor Cresswell SELLSTATE COASTAL REALTY

Schools and Properties Nearby

Take a Closer Look

4513 W MCELROY AVE

Angie was absolutely amazing throughout our home-buying journey. From day one, she took the time to explain every step of the process and made sure both Jeffrey and I understood what was happening and what our options were. As first-time buyers, that guidance meant so much to us. Her communication was excellent and she was always available to answer questions, kept us informed, and made sure nothing fell through the cracks. Angie was also a fantastic negotiator. She successfully negotiated seller-paid closing costs and helped ensure that the repairs we requested were addressed, saving us both money and stress. What stood out most was how confident she made us feel throughout the entire process. She never pressured us and always took the time to help us make informed decisions that were right for our family. We truly felt like she was advocating for us every step of the way. We couldn’t have asked for a better Realtor and are so grateful for everything Angie did to help us get into our new home. We highly recommend her to anyone looking for a knowledgeable, responsive, and caring real estate professional!

Chelsea Williams

Learn More About LPT Realty

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Angie Gooden

Agent

+1(843) 576-9551 | agoodenrealtor@gmail.com

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