4513 W Mcelroy Avenue, Tampa, FL 33611

Tampa
Local realty services provided by:Better Homes and Gardens Real Estate Lifestyles Realty
4513 W Mcelroy Avenue,Tampa, FL 33611
$850,000
Virtual Tour
  • 1 Beds
  • 1 Baths
  • 2,124 sq. ft.
  • Single family
  • Active
Listed by: eriola goldman
Office: sellstate coastal realty
MLS#:TB8493099
Source:MFRMLS

Price summary

  • Price:$850,000
  • Price per sq. ft.:$400.19

About this home

Turnkey 4-Unit Investment | STR Approved | Great Opportunity Exceptional income-producing 4-unit multifamily property located in a highly desirable rental corridor, offering immediate cash flow and strong upside potential. Built in 1966 with solid concrete block construction, this property features 2,124 SF of heated space on a 9,000 SF lot (RM-16 zoning)—ideal for continued short-term rental use or long-term hold strategy. Each unit is efficiently laid out as 1 bed / 1 bath, making it highly attractive for both short-term rental (Airbnb/VRBO) and traditional tenants. The property is already positioned for STR income generation, making it a true turnkey investment. ?? Investment Highlights:     •    Asking Price: $850,000     •    Projected Cap Rate: 8.7     •    Net Operating Income (NOI): ~$73,950/year     •    Estimated Gross Income: ~$105,000+/year (STR optimized)     •    Low-maintenance concrete block construction     •    Individually rentable units =...

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Home facts

  • Year built:1966
  • Listing ID #:TB8493099
  • Added:34 day(s) ago
  • Updated:May 14, 2026 at 12:44 PM

Rooms and interior

  • Bedrooms:1
  • Total bathrooms:1
  • Full bathrooms:1
  • Flooring:Laminate
  • Kitchen Description:Cooktop, Dishwasher, Microwave
  • Bedroom Description:Primary Bedroom Main Floor
  • Living area:2,124 sq. ft.

Heating and cooling

  • Cooling:Mini-Split Unit(s)
  • Heating:Ductless

Structure and exterior

  • Roof:Shingle
  • Year built:1966
  • Building area:2,124 sq. ft.
  • Lot area:0.21 Acres
  • Construction Materials:Block, Stucco
  • Foundation Description:Slab
  • Levels:1 Story

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$850,000
  • Price per sq. ft.:$400.19
  • Tax amount:$7,436 (2025)

Features and amenities

  • Appliances:Cooktop, Dishwasher, Microwave
  • Amenities:Cable Connected, Primary Bedroom Main Floor
  • Pool features:Public Pool
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