BEDS4
BATHS
SQUARE FEET2,124
MLS#TB8566976
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONBAYBRIDGE REV
Property Description
Experience a rare opportunity to acquire an quadplex in this highly-desirable South Tampa neighborhood. Located minutes to MacDill AFB, downtown Tampa, world-class beaches, Tampa International Airport, major hospitals, shopping and dining - this property offers an exceptional blend of location, stability and long-term growth potential. The property consists of four remodeled 1-bedroom 1-bathroom residences with all the major updates completed including the NEW ROOF in 2024. Everything from brand new kitchens, granite counters, newly tiled bathrooms, updated floors throughout, fresh paint, plus all new fixtures and hardware. 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 - in one of the most sought-after submarkets in the Tampa Bay region. Shown by appointment only. Please do not disturb residents.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Mini-Split Unit(s)
Heating: Central
Lot Size: 0.21 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $6,878
Year Built: 1966
Amenities
Ceiling Fans(s)
Solid Surface Counters
Solid Wood Cabinets
Dog Run
Outdoor Grill
Private Entrance
Private Mailbox
Sidewalk
Tennis Court(s)
Feature Descriptions
Annual Net Income: 81600.00
Days on Site: 1
Directions: South on Dale Mabry, West on Gandy Blvd, South on Hesperedis Ave, West On W McElroy Ave, The Buildings Will Be On Your Right
Exterior: Block, Brick
Flood Zone Code: AE
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, FHA, VA Loan
Lot Dimensions: 0.21
Other Equipment: Private Entrance
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Quadruplex
Sewer: Public Sewer
Showing Instructions: Text List Agent
Special Sale Provisions: None
Utilities: Public
Water: Public
Water Access Y/N: No
Zoning: RM-16
Listed By / Shown By
Listed By
Agency Name: SELLSTATE COASTAL REALTY
Agency Contact: 813-940-0101
Shown By
Agent Name: Betsey Fisher-Labour
Agent Phone: (386) 775-7778
Agency Title: Glory International Real Estate Company
Estimate Your Payment
Estimated Payment
$ 2,461.09 per month $1,669.17 Principal & Interest $573.17 Property Tax $218.75 Homeowner's Insurance
4513 W Mcelroy Avenue | MLS# TB8566976
This multi-family property located at 4513 W Mcelroy Avenue , Tampa, FL 33611 is currently listed for sale with an asking price of $750,000. Search Tampa real estate on blabour.gloryire.com today.