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About this home
4511 - 4513 W McElroy Ave is a 1966-built home in Baybridge Rev, Tampa. Inside you'll find 8 bedrooms, 8 bathrooms, and 4,248 square feet of living space. Listed at $1,500,000 (about $353/sqft), 2 days on market. Flood zone AE - confirm flood insurance requirements with your lender.
Experience a rare opportunity to acquire an 8-unit income-producing asset in 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 eight well-maintained 1-bedroom 1-bathroom residences between two separate buildings. All the major updates have been completed which includes NEW ROOFS on both buildings in 2024. Also all the interiors have been completely updated over the past 12-24 months with brand new kitchens, granite counters, newly tiled bathrooms, updated floors, 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 — a great additional to any portfolio in one of the most sought-after submarkets in the Tampa Bay region. Shown by appointment only. Please do not disturb residents.
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The essentials
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Details
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
Price history
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Sample: 265 closed home sales in 33611 over the last 8 months, Stellar MLS. A starting point, not a guarantee.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$1,500,000
$353 per sq ft
Beds and baths
8 beds, 8 baths
Size
4,248 sq ft
Time on market
2 days
Year built
1966
Monthly payment
About $9,721/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $13,779 annual tax bill, insurance.
Flood zone
Zone AE
That is a high-risk designation, so a lender will normally require flood insurance. Confirm the current rate before you write an offer.
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