5901 Bryce Lane, Tampa, FL 33615

Tampa
Local realty services provided by:Better Homes and Gardens Real Estate Lifestyles Realty
5901 Bryce Lane,Tampa, FL 33615
$4,052,000
Virtual Tour
  • - Beds
  • - Baths
  • 18,277 sq. ft.
  • Multi-family
  • Active
Listed by: alex khoyi
Office: realty one group advantage
MLS#:TB8550910
Source:MFRMLS

Price summary

  • Price:$4,052,000
  • Price per sq. ft.:$221.7

About this home

A 34-unit, 5-building garden-style community on 1.78 acres in one of West Tampa's tightest-fundamental submarkets, minutes from Tampa International Airport and the Veterans Expressway. Built in 1983 and 94% occupied, this is a small-bay multifamily asset with real, in-place rent upside — not a pro forma story. The math: in-place 1-bedroom rents run $925 to $1,250 against a $1,144 average, and every point of that spread closes with routine turnover and light unit-level work — flooring's already been swapped in multiple units (9/2025, 11/2025), and a water heater replaced as recently as 7/2025. Electric is individually metered per unit, keeping the expense line clean; water runs on a single master meter. Offered at $4,052,000 — $119,176 per unit — against a 6.5% cap rate on 2026 annualized NOI of $263,384. Low density, low deferred maintenance, and a rent roll with room to run.

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Home facts

  • Year built:1983
  • Subdivision & Development:UNPLATTED
  • Listing ID #:TB8550910
  • Added:1 day(s) ago
  • Updated:September 22, 2026 at 02:16 PM

Rooms and interior

  • Bedroom Description:High Ceilings, Primary Bedroom Main Floor
  • Basement Description:Crawlspace
  • Living area:18,277 sq. ft.

Heating and cooling

  • Cooling:Wall/Window Unit(s)
  • Heating:Ductless

Structure and exterior

  • Roof:Shingle
  • Year built:1983
  • Building area:18,277 sq. ft.
  • Lot area:1.78 Acres
  • Construction Materials:Frame, Metal Siding
  • Exterior Features:Garden, Lighting, Sidewalk
  • Levels:1 Story

Utilities

  • Water:Public, Water Connected
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$4,052,000
  • Price per sq. ft.:$221.7
  • Tax amount:$41,575 (2025)

Features and amenities

  • Laundry features:Inside
  • Amenities:Cable Connected, High Ceilings, Open Floorplan, Primary Bedroom Main Floor, Thermostat, Window Treatments
  • Pool features:Public Pool
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