4513 W MCELROY AVENUE TAMPA FL 33611 | MLS #TB8544449 | Gary Kusher | Florida Real Estate

4513 W MCELROY AVENUE
TAMPA, FL, 33611
$795,000
4 Beds
4 Baths
2,124 SqFt
0.21 Acres
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MLS #TB8544449 image #0
**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 got a full roof replacement 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. Even though this property is located in a flood zone, it never flooded with all the recent storms or hurricanes, as well as, has an extremely affordable flood insurance policy.

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

Property Details

Price:
$795,000
MLS #:
TB8544449
Status:
Active
Beds:
4
Baths:
4
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
BAYBRIDGE REV
Neighborhood:
33611tampa
Listed Date:
Sep 1, 2026
Finished Sq Ft:
2,124
Total Sq Ft:
2,212
Lot Size:
9,000 sqft / 0.21 acres (approx)
Year Built:
1966
33611 – Tampa33611tampaBaybridge Rev

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Schools

Interior

Cooling
Mini-Split Unit(s)
Heating
Other
Interior Features
Ceiling Fan(s)
Laundry Features
None

Exterior

Construction Materials
Block
Exterior Features
Basketball Court, Dog Run, Fenced, Fire Pit, Lighting, Outdoor Grill, Private Mailbox, Sidewalk
Roof
Shingle

Financial

Tax Year
2025
Taxes
$7,436

Map

Community

Subdivisions in TAMPA

Market Summary

Current real estate data for Multi Family in TAMPA as of Sep 06, 2026
91
Multi Family Listed
124
Avg DOM
295
Avg $ / SqFt
$736,678
Avg List Price

Property Summary

    Located in the BAYBRIDGE REV subdivision, 4513 W MCELROY AVENUE TAMPA FL is a Multi Family for sale in TAMPA, FL, 33611. It is listed for $795,000 To schedule a showing of MLS#tb8544449 at 4513 W MCELROY AVENUE in TAMPA, FL, contact your CENTURY 21 Carioti agent at 2392986550.

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4513 W MCELROY AVENUE
TAMPA, FL