new - 1 day on rocket

4513 W Mcelroy Ave, Tampa, FL, 33611

$950,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
4 Baths
2,124 SqFt
$447/SqFt
Multi

Location

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4513 W Mcelroy Ave, Tampa$950,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built1966
HeatingCentral
CoolingZoned
MLS #TB8320312
Lot Size0.21 Acres
StatusActive

About 4513 W Mcelroy Ave

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 four units in this quadplex meticulously designed and currently operating as short-term rentals. Nothing was overlooked in any unit with all units being completely renovated to meet modern standards with custom accent walls and luxurious amenities, this property is a blend of modern comfort and convenience in a desirable setting. 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. The close proximity to key attractions, entertainment venues, dining establishments, and major transportation hubs, guests are afforded easy access to everything in the area. 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!

Property Details

Property Features

Property Information:

  • Year Built: 1966
  • Living Area: 2,124 SqFt

Listing Office:

  • Office Name: SELLSTATE LEGACY REALTY
  • Office Phone: (813) 542-1224
  • Listing Agent: Taylor Cresswell

Interior Features

Interior Information:

  • Interior: Ceiling Fans(s), Solid Surface Counters, Solid Wood Cabinets

Bedroom and Bathroom Information:

  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Dog Run, Outdoor Grill, Sidewalk

Virtual/3D Tour

  • Virtual Tour: 4513 W Mcelroy Ave
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.21 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Zoned

Other

Directions Information:

  • Directions: Go South On Dale Mabry & Take A Left Onto Gandy Blvd. Turn Left On Manhattan & Then Your First Right Onto McElroy Ave. The property will be on your right hand side.

Price Information

Listing Price Info

Price Summary:

  • List Price: $950,000
  • Price Per SqFt: $447/SqFt

Tax Information:

  • Annual Amount: $3,450
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Tampa, FL.

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Tampa, FL

City

Med. Sold Price

$424.7K

Med. Price/SqFt

$274

Avg. Days On Market

53

# of Sold Homes

545

4513 W Mcelroy Ave vs Tampa

1 DAY ON ROCKET

-52 Days

$950,000

+$525.2K More

$447/SqFt

+$173 More

KEY TAKEAWAY

This property is $525.2K more than the Median Sold Price and $173/SqFt more than other homes in Tampa, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #TB8320312

Listing Office:

  • Office Name: SELLSTATE LEGACY REALTY
  • Office Phone: (813) 542-1224
  • Listing Agent: Taylor Cresswell

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

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.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/15/2024, 2:19:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$3,450$190,336
2018$2,977$164,044
2017$2,722$146,004

History based on county public records data.

Payment Calculator

$4,809

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,915

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-420631
6
/10

  • Anderson Elementary School

  • 3910 W Fair Oaks Ave

  • 0.94 miles

  • Public District Grades KG-5

school-card-donut-420632
4
/10

  • Sidney Lanier Elementary School

  • 4704 W Montgomery Ave

  • 1.09 miles

  • Public District Grades KG-5

school-card-donut-420633
6
/10

  • Chiaramonte Elementary School

  • 6001 S Himes Ave

  • 1.35 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $77,523. Residents of Tampa, FL typically earn between $35k-100k each year. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Hillsborough County›Tampa›33611›4513 W Mcelroy Ave

This home is located at 4513 W Mcelroy Ave in Tampa, FL and zip code 33611 in the South Tampa neighborhood. This 2,124 square foot home, which was built in 1966, sits on a 0.21 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 14, 2024 and is currently priced at $950,000.

While more than 80 listings in Tampa, FL in October 2024 were sold above asking price, there were more than 116 listings sold at asking price, and more than 349 were sold below. In October 2024 in Tampa, FL there were 0.6% less homes for sale than in September 2024. While the average time on the market in October 2024 was 53 days, the median list price was $424,741.

From Rocket Homes Real Estate and based on county public records data.

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