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    4511 W Mcelroy Ave Tampa, FL 33611

    For Sale
    $1,850,000

    Multi Family - TAMPA, FL

    Property size:
    4,248 SF
    Lot size:
    0.42 Acres
    Days on Market:
    57
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 4511 W Mcelroy Ave

    General Information

    Property type
    Residential Multi Family
    Standard status
    Active
    Zoning
    RM-16
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    8
    APN
    A-08-30-18-3XJ-000020-00009.1
    Interior features
    Ceiling Fans(s)
    Exterior features
    Dog Run, Outdoor Grill
    Size
    4,248 SF
    Lot size
    0.42 Acres

    Utilities

    Cooling system
    Ductless

    Building Details

    Year built
    1966
    Number of units
    8
    Building materials
    Block
    Roof type
    Shingle
    Architectural style
    Other
    Additional Structures
    Kennel/Dog Run

    Sellstate Legacy Realty (813) 940-0101 [email protected]

    Listing agent Taylor Cresswell (813) 542-1224 License #3410926

    Listing date Oct 10, 2025

    MLS# TB8424783 Listing URL

    Copyright © 2025 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Tampa Multifamily Investment Opportunity

    This multifamily property is located in a sought-after South Tampa neighborhood, near the Westshore Marina District. The property features eight units, all designed and currently operating as short-term rentals. The units have been renovated to meet modern standards, with custom touches and amenities. Exterior upgrades include a private dog park, basketball court, fire pit, and a 3-hole mini golf setup. The property is positioned to attract travelers, tourists, and business professionals, potentially ensuring consistent occupancy rates and rental income. The location provides access to attractions, entertainment, dining, and major transportation hubs. Each unit includes contemporary finishes, furnishings, fully-equipped kitchens, living areas, bedrooms, and bathrooms. The lot size is 0.42 acres. The property size is 4,248 square feet. The zoning is RM-16.
    Property Profile Location Intelligence

    Current Use by Public Records

    Short term rental ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tampa
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.522019
    Latitude
    27.892617

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    FAQs

    What type of property is this?
    Apartment building - Eight-unit short-term rental property in South Tampa near Westshore Marina.
    Where is this apartment building located?
    The property is located at 4511 W Mcelroy Ave Tampa, FL.
    What is the asking price?
    The asking price for this property is $1,850,000.
    What are key features of this property?
    This property features: - Prime South Tampa location, near the Westshore Marina District.; - Eight fully renovated units operating as successful short-term rentals.; - High demand location ensures consistent occupancy and rental income.
    (813) 542-1224
    Request Owner's contact information
    4511 W Mcelroy Ave Tampa, FL 33611
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4511 W Mcelroy Ave Tampa, FL 33611
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