4511 & 4513 W Mcelroy Ave

TAMPA, FL 33611

About this property

Welcome to this prime investment opportunity in the highly sought-after South Tampa neighborhood, just down the street from the all new Westshore Marina District! This property presents a great venture for investors with all eight units meticulously designed and currently operating as short-term rentals, this property offers a blend of modern comfort and convenience in a desirable setting. Nothing was overlooked in any unit with all eight units being completely renovated to meet modern standards with custom touches and luxurious amenities. Everything from the custom accent walls, LED bathroom mirrors to additional exterior upgrades to now even include the private dog park. Nestled in such a great area, this property enjoys high demand from travelers, tourists, and business professionals alike, ensuring consistent occupancy rates and impressive rental income potential. The close proximity to key attractions, entertainment venues, dining establishments, and major transportation hubs, guests are afforded easy access to everything the area has to offer. Each unit boasts contemporary finishes, stylish furnishings, and an array of amenities designed to provide guests with an unparalleled stay experience. From fully-equipped kitchens and spacious living areas to cozy bedrooms and sleek bathrooms, every detail has been thoughtfully curated to exceed expectations and foster positive reviews. Investors will appreciate the turnkey nature of this property, with already a proven track record of profitability. Whether you're a seasoned investor looking to expand your current multifamily portfolio or a newcomer in the short term rental space thats seeking a promising entry into the Tampa Bay market, this property presents an exceptional opportunity with growth for long-term success. Make sure to take a look at this prime real estate in a thriving market & unlock the potential of this great property! **PLEASE NOTE: 2024 OWNER STATEMENTS ONLY REFLECT 6 UNITS (FEBRUARY $19,610.84 & MARCH $21,547.46) **

Features and Additional Information

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$1,850,000 Active
4,248 SQFT

Presented By Pink Door Management

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Area Information

33611 Tampa | Hillsborough County | BAYBRIDGE REV

$ 1,850,000
This listing is play_arrow 177.2% higher than the average in the area
$ 667,500 in the area
4,248 SqFt
This listing is play_arrow 145.4% larger than the average in the area
1,731 SqFt in the area
$ 435 $/SqFt
This listing is play_arrow 14.3% more than the average in the area
$ 381 $/SqFt in the area
46 days on site
This listing is play_arrow 87.6% below the average in the area
371 days on site in the area

Schools in the Area

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    Elementary School
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    Middle School
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    High School
Listed By Taylor Cresswell

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