4513 Mcelroy Avenue, FL
Stellar MLS
1 / 1

$795,000

4513 Mcelroy Avenue

Tampa, FL 33611

Listing updated: September 1, 2026 at 7:22 PM ET

Active
Stellar MLSListing courtesy of Sellstate Coastal Realty · Taylor Cresswell · MLS #TB8544449 · Active · 813-940-0101
0
Beds
0
Baths
2,124
Sq Ft
0.21
Acres
1966
Built
$374/sqft360° tour
Quadruplex

Property type

1966

Year built

9,000 sqft

Lot size

$374

Price / sq ft

No HOA

HOA dues

0

Days on market

AE

Flood zone

About this home

**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

Estimated monthly payment

Principal & interest$4,020
Property taxes$620
Home insurance (est.)$364

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history0 days on market

  1. Status: Active
    Sep 1, 2026
  2. Listed$795,000
    Sep 1, 2026
  3. Price increased$795,000

Facts & features

Property type
Residential Income
Sub type
Quadruplex
Status
Active
Days on market
0
Subdivision
Baybridge Rev
County
Hillsborough
Year built
1966
Living area
2,124 sq ft
Price/sq ft
$374
Building area
2,212 sq ft (Public Records)
Lot size
9,000 sq ft
Lot category
0 to less than 1/4
Flood zone
AE (12057C0344J)
Annual taxes
$7,436 (2025)
Parcel #
A-08-30-18-3XJ-000020-00009.1
Zoning
RM-16
MLS #
TB8544449

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Interior Details

Bedrooms
0
Interior features
Ceiling Fans(s)
Laundry
None

Heating & Cooling

Heating
Other
Cooling
Mini-Split Unit(s)

HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0
CDD
No
Listing terms
Cash, Conventional, FHA, VA Loan
Ownership
Fee Simple

Exterior & Construction

Exterior features
Basketball Court, Dog Run, Fence, Fire Pit, Lighting, Outdoor Grill, Private Mailbox, Sidewalk
Construction materials
Block
Roof
Shingle
Foundation
Slab
Road surface
Paved

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
Public

Listing Details

Listing date
2026-09-01
On market date
2026-09-01
Original list price
$795,000
Occupant type
Vacant
MLS area
33611 - Tampa
Listing AOR
Suncoast Tampa
Status changed
2026-09-01
Tax legal description
BAYBRIDGE REVISED W 60 FT OF E 80 FT OF LOT 9 BLOCK 20

Flood risk

High riskFEMA Zone AEPanel 12057C0344J

FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

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

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MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of September 1, 2026 at 7:22 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.

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