$1,850,000 $10,504 est/mo Sourced by Back At You

4511 & 4513 W Mcelroy Ave,TAMPA, FL 33611

TAMPA FL, 33611

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Description

Welcome to this prime investment opportunity in the highly sought-after South Tampa neighborhood, just down the street from the all new Westshore Marina District! This property presents a great venture for investors with all eight units meticulously designed and currently operating as short-term rentals, this property offers a blend of modern comfort and convenience in a desirable setting. Nothing was overlooked in any unit with all eight units being completely renovated to meet modern standards with custom touches and luxurious amenities. Everything from the custom accent walls, LED bathroom mirrors to additional exterior upgrades to now even include the private dog park. Nestled in such a great area, this property enjoys high demand from travelers, tourists, and business professionals alike, ensuring consistent occupancy rates and impressive rental income potential. The close proximity to key attractions, entertainment venues, dining establishments, and major transportation hubs, guests are afforded easy access to everything the area has to offer. Each unit boasts contemporary finishes, stylish furnishings, and an array of amenities designed to provide guests with an unparalleled stay experience. From fully-equipped kitchens and spacious living areas to cozy bedrooms and sleek bathrooms, every detail has been thoughtfully curated to exceed expectations and foster positive reviews. Investors will appreciate the turnkey nature of this property, with already a proven track record of profitability. Whether you're a seasoned investor looking to expand your current multifamily portfolio or a newcomer in the short term rental space thats seeking a promising entry into the Tampa Bay market, this property presents an exceptional opportunity with growth for long-term success. Make sure to take a look at this prime real estate in a thriving market & unlock the potential of this great property! **PLEASE NOTE: 2024 OWNER STATEMENTS ONLY REFLECT 6 UNITS (FEBRUARY $19,610.84 & MARCH $21,547.46) **

Details

MLS#T3516682
Listing TypeFor Sale
StyleTown House
Sub-TypeFor-sale
StatusActive
Year1966
Days On Site42
Listing Provided BySELLSTATE LEGACY REALTY | Taylor Cresswell

Features

SQ Feet4,248
Units8
ZoningRM-16
Acreage0.42

Market Activity 33611

 Listings courtesy of Stellar MLS as distributed by MLS GRID.Based on information submitted to the MLS GRID as of May 17, 2024 at 9:08:11 PM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. “The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

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Listings Checked: 6 minutes ago
StateFL
CountyHillsborough
CityTAMPA
Zip Code33611
Area33611 Tampa
Community NameBAYBRIDGE REV
Listing VS Median (in BAYBRIDGE REV)
Price:
$1,850,000
low | high
Med:
$667,500
100% of Average
SqFt:
4,248
low | high
Med:
1,731
100% of Average
$ / SqFt:
$435
low | high
Med:
$381
62.482715273413% of Average
On Site:
42
low | high
Med:
366.500000
11.459754433834% of Average
Sourced by Back At You
Listing Updated: May 10, 2024 at 9:43:33 AM PDT