4513 W MCELROY AVENUE,Tampa,Hillsborough,FL, 33611, Residential Income, 4, 4, 0bf4294c0f7d6746dfc3e1d1bca97e5c, TB8544449,4513 or MCELROY

$789,900
4513 W MCELROY AVENUE, TAMPA, BAYBRIDGE REV

Overview

  • Updated On:
  • September 29, 2026
  • 4 Bedrooms
  • 2,124 ft2

Description

**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

Address: 4513 W MCELROY AVENUE
City:
State/County:
Zip: 33611
Country: United States

Property Id: 100093347
Price: $789,900
Property Size: 2,124 ft2
Property Lot Size: 0 ft2
Bedrooms: 4
Building Area Total: 2212
Construction Materials: Block
Contract Status Change Date: 2026-09-01
Cooling: Mini-Split Unit(s)
Cumulative Days On Market: 28
Days On Market: 28
Directions: South on Westshore, cross over Gandy, turn east on next street behind Walgreens W. McElroy Ave, Complex on the left side 3 blocks down
FoundationDetails: Slab
Heating: Other
IDXParticipationYN: 1
InternetAddressDisplayYN: 1
InternetAutomatedValuationDisplayYN: 1
InternetConsumerCommentYN: 1
InternetEntireListingDisplayYN: 1
LaundryFeatures: None
ListAOR: Suncoast Tampa
ListAgentAOR: Suncoast Tampa
ListAgentEmail: realestate@taylorintampa.com
ListAgentFullName: Taylor Cresswell
ListAgentKey: b502131b4fbfb939be74317ed032b2df
ListAgentMlsId: 175526191
ListAgentPreferredPhone: 813-940-0101
ListOfficeKey: fb4345c3e9ff77b4c015447e643964af
ListOfficeMlsId: 260033254
ListOfficeName: SELLSTATE COASTAL REALTY
ListOfficePhone: 813-940-0101
ListingContractDate: 2026-09-01
ListingId: TB8544449
ListingKeyNumeric: 804342245
ListingTerms: Cash, Conventional, FHA, VA Loan
LivingAreaSource: Public Records
LivingAreaUnits: Square Feet
LotSizeArea: 9000
LotSizeDimensions: 60 x 150
LotSizeSquareFeet: 9000
LotSizeUnits: Square Feet
MLSAreaMajor: 33611 - Tampa
MlsStatus: Active
ModificationTimestamp: 2026-09-29T13:54:05.103Z
NumberOfBuildings: 1
OnMarketDate: 2026-09-01
OriginalEntryTimestamp: 2026-09-01T15:04:53.900Z
OriginalListPrice: 795000
OriginatingSystemKey: stellar
OriginatingSystemName: Stellar MLS
Ownership: Fee Simple
ParcelNumber: A0830183XJ00002000009.1
PhotosChangeTimestamp: 2026-09-01T15:10:23.132Z
PhotosCount: 57
PostalCodePlus4: 3351
PriceChangeTimestamp: 2026-09-29T13:54:05.103Z
RoadSurfaceType: Paved
Roof: Shingle
STELLAR_AlternateKeyFolioNum: 1319700000
STELLAR_AnnualNetIncome: 86400
STELLAR_CalculatedListPriceByCalculatedSqFt: 371.89
STELLAR_CensusBlock: 1
STELLAR_CensusTract: 007103
STELLAR_CreateAutomaticVirtualTourYN: 1
STELLAR_CurrentPrice: 789900
STELLAR_DPRURL: https://www.workforce-resource.com/dpr/listing/MFRMLS/TB8544449?w=Agent&skip_sso=true
STELLAR_DPRURL2: https://www.workforce-resource.com/dpr/listing/MFRMLS/TB8544449?w=Customer
STELLAR_DPRYN: 1
STELLAR_FloodZoneCode: AE
STELLAR_FloodZoneDate: 2021-10-07
STELLAR_FloodZonePanel: 12057C0344J
STELLAR_ListOfficeContactPreferred: 813-940-0101
STELLAR_ListOfficeHeadOfficeKeyNumeric: 502335177
STELLAR_ListSource: MATRIX
STELLAR_ListSourceOriginal: MATRIX
STELLAR_MlsMajorChangeType: Price Decrease
STELLAR_OfficeIDXOfficeParticipationYN: 1
STELLAR_OfficeSyndicateTo: Facebook Marketplace, International MLS, Realtor.com, SkySlope Offers
Sewer: Public Sewer
SourceSystemKey: 804342245
SpecialListingConditions: None
StateOrProvince: FL
StatusChangeTimestamp: 2026-09-01T15:04:53.900Z
StreetDirPrefix: W
StreetName: MCELROY
StreetNumber: 4513
StreetNumberNumeric: 4513
StreetSuffix: AVENUE
TaxAnnualAmount: 7436.49
TaxBlock: 20
TaxBookNumber: 10-30
TaxLegalDescription: BAYBRIDGE REVISED W 60 FT OF E 80 FT OF LOT 9 BLOCK 20
TaxLot: 9
TaxYear: 2025
Utilities: Public
WaterSource: Public
YearBuilt: 1966
Zoning: RM-16

Outdoor Details
Basketball court
Other Features
Ceiling Fan(s)
Dog Run
Fenced
Fire Pit
Has Cooling System
Has Heating System
Lighting
Outdoor Grill
Private Mailbox
Sidewalk

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

$4,049.97
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 3,062.60

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