2316 SQ FT

Year 1966

N/A ROOMS

0.21 ACRES

4 BEDS

/ BATHS

N/A CAR(S)

TB8544469

TAMPA Property for Sale

4511 W MCELROY AVENUE, TAMPA FL 33611

**TURNKEY 4-UNIT INVESTMENT OPPORTUNITY IN SOUTH TAMPA!** Located in a highly desirable South Tampa rental corridor, this property presents an exceptional opportunity for investors seeking a versatile income-producing asset with multiple rental strategies. This well-positioned multifamily property features **four 1-bedroom, 1-bath units**, providing a diversified income stream while maintaining efficient and highly desirable floor plans while being built with solid concrete block construction. Each unit is separately rentable, making the property well suited for traditional long-term rentals, furnished mid-term rentals, or short-term rental strategies. Also this property features a newer roof, with the full roof replacement that was done in 2022! The property's South Tampa location provides convenient access to major roadways, employment centers, shopping, dining, entertainment, and the area's beaches and waterfront destinations. Its proximity to Westshore, Gandy, and surrounding South Tampa neighborhoods further enhances its appeal to both tenants and investors. For investors, the combination of four individual units at this affordable price in an exclusive area creates an attractive opportunity to acquire and operate a flexible multifamily asset. Whether you're looking for immediate rental income, a long-term hold, or additional upside through optimized management and rental strategy, this property offers a compelling investment platform in one of Tampa's most established markets. • Multiple rental strategy options • Strong demand for smaller residential units • Convenient access to Westshore, Gandy and major Tampa thoroughfares • Excellent opportunity for investors seeking income and long-term appreciation potential

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Amenities & Features

Listing Details

Price

$825,000

Year Built

1966

SQ FT

2316

Levels

One

Lot Size

0.21 ACRES

Tax Key

A0830183XJ00002000009.3

TaxYear

2025

Property Taxes

$7,461

Exclusions

N/A

Property Type

Quadruplex

Zoning

RM-16

Property Status

Active

MLS#

TB8544469

Interior Features

Included Appliances

Interior Features

Ceiling Fan(s)

Exterior Features

Architectural Style

Construction Materials

Block

Lot Features

Parking Features

Exterior Features

Basketball Court,Dog Run,Fenced,Lighting,Outdoor Grill,,,,,,

Other Structures

,,,,,,,,,,

Basketball Court

Dog Run

Fenced

Lighting

Outdoor Grill

Waterfront Features

Heating & Cooling

Heating

Other

Cooling

Mini-Split Unit(s)

Utilities

Public

Water Source

Public

Data Source

Propert ID: TB8544469
Source: Stellar MLS All Rights Reserved.

Photos, Videos & Tours

$825,000

4511 W Mcelroy Avenue, Tampa FL 33611

Listed by SELLSTATE COASTAL REALTY

TAMPA

About Tampa

Tampa Bay is a lively coastal metropolitan region on Florida’s Gulf Coast, combining urban energy, waterfront living, and beachside charm. The area blends diverse neighborhoods, vibrant city amenities, and easy access to beaches and nature offering a lifestyle that’s attractive to families, professionals, retirees, and visitors alike. With a combination of bustling downtown districts, peaceful waterfront suburbs, and coastal communities, Tampa Bay delivers a rich blend of living environments and lifestyles.

Tampa Bay offers a wide variety of residential options from dense urban apartments or historic homes near downtown, to quieter suburban neighborhoods and waterfront communities along the bay or Gulf Coast. With a strong economy, varied housing, and a coastal setting, the region appeals to many looking for balance: comfort, convenience, and coastal living.

Community Population

3,040,000

Community Area

175.3 SQ/MILES

Community Suburb of

Hillsborough County

Community Lifestyle

Urban

Tampa Public Schools

School District of Hillsborough County

Hillsborough High School

School District of Hillsborough County

Robinson High School

School District of Hillsborough County

Blake High School

School District of Hillsborough County

Tampa Heights Elementary Magnet School

School District of Hillsborough County

Tampa Bay Boulevard Elementary School

FOUNDER | CEO

Suzanne Powers

Wisconsin's #1 Boutique Broker TM

239.261.9131

suzanne@powersrealty.com

Powers Realty Group - Naples / Marco Island

780 Fifth Avenue South, Suite #200
Naples, FL 34102

Suzanne Powers

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4511 W MCELROY AVENUE

$825,000

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