$
Active
4511 - 4513 W MCELROY AVE
Tampa, Hillsborough, FL, 33611
$1,500,000
$353/sqft
8Beds
8Baths
4,248Sq Ft
1966Built
1Days on Market
About this home
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.
Facts & Features
MLS ID#MFRTB8566978
Price$1,500,000
StatusActive
Bedrooms8
Bathrooms8
Full BathsN/A
Half BathsN/A
Square Footage4,248 sqft
Acres0.4200
Year Built1966
TypeResidential Income
SubtypeQuadruplex
StyleN/A
Community Information
Address4511 - 4513 W MCELROY AVE
SubdivisionBaybridge Rev
CityTampa
CountyHillsborough
StateFL
Zip Code33611
Senior CommunityNo
Amenities
AmenitiesN/A
ParkingN/A
ViewNo
WaterfrontNo
PoolNo
Interior
Interior FeaturesCeiling Fans(s), Solid Wood Cabinets, Solid Surface Counters
HeatingElectric
CoolingMini-Split Unit(s)
FlooringN/A
FireplaceN/A
StoriesN/A
AppliancesN/A
Exterior
Exterior FeaturesDog Run, Basketball Court
ConstructionBlock, Brick
FoundationSlab
RoofShingle
FencingN/A
Lot FeaturesN/A
School Information
ElementaryN/A
MiddleN/A
HighN/A
Additional Information
Date ListedNovember 12, 2026
Days on Market1
ZoningRM-16
Direction FacesN/A
New ConstructionNo
Mortgage Calculator
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This calculator provides estimates for informational purposes only and is not a loan offer, pre-approval, or commitment to lend. Actual rates, payments, and loan terms vary by lender and are subject to credit approval, income/asset verification, and market conditions. Property tax and homeowners insurance shown are estimates and may differ. PMI applies when the down payment is under 20%. For an official Loan Estimate, contact a licensed mortgage lender. SELLSTATE COASTAL REALTY is a licensed real estate brokerage, not a mortgage lender. Equal Housing Opportunity.
1 day on market
Listed by: Taylor Cresswell · 813-940-0101—SELLSTATE COASTAL REALTY · 813-940-0101
Updated from Real Estate Market Data
MLS/IDX data last updated: November 14, 2026 7:13 AM . All data is obtained from various sources and may not have been verified by the 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
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