Experience a rare opportunity to acquire an 8-unit income-producing portfolio in highly-desirable South Tampa. Located minutes to downtown Tampa, world-class beaches, Tampa International Airport, MacDill AFB, major hospitals, shopping and dining — this property offers an exceptional blend of location, stability and long-term growth potential.
The portfolio consists of eight well-maintained 1-bedroom residences, currently operated as mid-term rentals (30–180 day occupancies) catering to professionals, relocating residents, medical staff, military, executives and seasonal guests. This strategy has delivered strong occupancy and consistent revenue performance, with lower turnover and reduced wear compared to nightly rentals.
This asset is ideal for passive investors, 1031 exchange buyers, private equity groups or wealth-building portfolio owners seeking reliable income in one of Florida’s most resilient rental markets. The property is positioned for continued performance with stable demand drivers and long-term appreciation trends in South Tampa.
Opportunities like this are rarely available — an entire stabilized portfolio in one of the most sought-after submarkets in the Tampa Bay region.
Shown by appointment only. Please do not disturb residents.
Features
8 bedrooms
8 bathrooms
4248 sq. ft. floor area
crop_free4528 sq. ft. lot size
cottageOther
Property history for 4511 West McElroy Avenue
2022
Sold
$485,000
13 Sep 2022 by Jorge Zea, of BLUE LIGHTHOUSE REALTY INC
Happy sellers in Tampa
88%
sentiment_very_satisfied
88% of sellers in Tampa reported that their sale price either exceeded or met their price expectations.
Tampa stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.
This is based on voluntary sentiment collected from 17 reviews in Tampa over the last 12 months.
Local market activity for 8 bedroom other properties in Tampa
Sold
For Sale
View the listing for inspection times, agent contact details, and more.