4511 - 4513 MCELROY, TAMPA, FL 33611
$1,700,000 Was $1,850,000
Beds: 8
Baths: N/A Full
Sq. Ft.: 4,248 Sq. Ft.
Year Built: 1966
Lot Size: 0.42 Acres
Garage: N/A
Pool: No
DOM: 57






























Property Overview
Status: Active
Property Type: Residential Income
MLS #: cba2a3d656d38c34237dd8947706ca16
Subdivision: BAYBRIDGE REV
County: Hillsborough
HOA Fee: N/A
Year Built: 1966
Construction: Block
Foundation: Block
Roof: Shingle
Cooling: Mini-Split Unit(s)
Heating: Electric
Sewer: Public Sewer
Water Source: Public
Zoning: RM-16
Tax Amount: $7,143.98 (2024)
Listed On: Sep 9, 2025
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.
Exterior Features
Basketball Court, Courtyard, Dog Run, Outdoor Grill
Directions
South on Westshore, cross over Gandy, turn east on next street behind Walgreens W. McElroy Ave, Complex on the left side 3 blocks down.
School Information
Elementary: N/A
Middle: N/A
High: N/A
Location
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*Estimate includes Principal & Interest (P&I) only. It does not include taxes, insurance, HOA fees, or PMI. Rates and payments may vary. Consult a lender for accurate figures.
Listing Information
Provided Courtesy of:
SELLSTATE COASTAL REALTY
Listing Agent: Eriola Goldman
Information is deemed reliable but not guaranteed. Information 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.
Data last updated: April 16, 2026, 7:22 am UTC
MLS Source: Stellar MLS Copyright © 2026
