4511 W Mcelroy Avenue, Tampa, FL 33611
Local realty services provided by:ERA American Suncoast
Listed by: taylor cresswell
Office: sellstate coastal realty
MLS#:TB8544469
Source:MFRMLS
Price summary
- Price:$825,000
- Price per sq. ft.:$356.22
About this home
**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 features a newer roof, with the full roof replacement that was done 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. 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...
Contact an agent
Home facts
- Year built:1966
- Subdivision & Development:BAYBRIDGE REV
- Listing ID #:TB8544469
- Added:4 day(s) ago
- Updated:September 06, 2026 at 01:07 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Living area:2,124 sq. ft.
Heating and cooling
- Cooling:Mini-Split Unit(s)
Structure and exterior
- Roof:Shingle
- Year built:1966
- Building area:2,124 sq. ft.
- Lot area:0.21 Acres
- Construction Materials:Block
- Exterior Features:Dog Run, Fence, Lighting, Outdoor Grill
- Foundation Description:Slab
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Public, Public Sewer
Finances and disclosures
- Price:$825,000
- Price per sq. ft.:$356.22
- Tax amount:$7,461 (2025)
Features and amenities
- Amenities:Ceiling Fans(s)
- Pool features:Public Pool
New listings near 4511 W Mcelroy Avenue
- Coming Soon
$265,000Coming Soon1 beds 1 baths654 sq. ft.5000 Culbreath Key Way #9311, TAMPA, FL 33611
MLS# TB8536312Listed by: BHHS FLORIDA PROPERTIES GROUP - Coming Soon
$999,999Coming Soon3 beds 2 baths1,523 sq. ft.615 E Davis Boulevard, TAMPA, FL 33606
MLS# TB8545230Listed by: MUSGRAVE GROUP LLC - Coming Soon
$372,000Coming Soon3 beds 2 baths1,456 sq. ft.2217 Corrine Street, TAMPA, FL 33605
MLS# TB8545769Listed by: IMPACT REALTY TAMPA BAY - Coming Soon
$649,900Coming Soon5 beds 2 baths2,255 sq. ft.3104 W Osborne Avenue, TAMPA, FL 33614
MLS# TB8545887Listed by: FUTURE HOME REALTY INC - Coming Soon
$750,000Coming Soon4 beds 3 baths2,598 sq. ft.9323 Wellington Park Circle, TAMPA, FL 33647
MLS# TB8544133Listed by: FLORIDA EXECUTIVE REALTY - Coming Soon
$950,000Coming Soon3 beds 3 baths2,257 sq. ft.2706 Chambray Lane, TAMPA, FL 33611
MLS# TB8544630Listed by: BELL HENDERSON REAL ESTATE - Coming Soon
$850,000Coming Soon5 beds 4 baths2,650 sq. ft.820 W Woodlawn Avenue, TAMPA, FL 33603
MLS# TB8545018Listed by: CHARLES RUTENBERG REALTY INC - Coming Soon
$389,999Coming Soon4 beds 2 baths1,614 sq. ft.3518 N 23rd Street, TAMPA, FL 33605
MLS# TB8545727Listed by: IMPACT REALTY TAMPA BAY - Coming Soon
$117,000Coming Soon1 beds 1 baths780 sq. ft.17108 Carrington Park Drive #724, TAMPA, FL 33647
MLS# TB8544210Listed by: CENTURY 21 LINK REALTY, INC. - Coming Soon
$423,000Coming Soon4 beds 3 baths1,314 sq. ft.2539 W Union Street, TAMPA, FL 33607
MLS# TB8545215Listed by: BHHS FLORIDA PROPERTIES GROUP