5901 Bryce Lane, Tampa, FL 33615

$4,052,000
18,277
SqFt

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List Price
$4,052,000
Status
Active
Days on Market
0
MLS#
TB8550910
Property Style
Quadruplex
New Construction
Yes
Year Built
1983
Living Area
18,277
Lot Size
77,536
Acres
1.78
Total Acreage
1 to less than 2
Legal Subdivision Name
Unplatted
MLS Area Major
Tampa / Town and Country

Property Description

A 34-unit, 5-building garden-style community on 1.78 acres in one of West Tampa's tightest-fundamental submarkets, minutes from Tampa International Airport and the Veterans Expressway. Built in 1983 and 94% occupied, this is a small-bay multifamily asset with real, in-place rent upside — not a pro forma story. The math: in-place 1-bedroom rents run $925 to $1,250 against a $1,144 average, and every point of that spread closes with routine turnover and light unit-level work — flooring's already been swapped in multiple units (9/2025, 11/2025), and a water heater replaced as recently as 7/2025. Electric is individually metered per unit, keeping the expense line clean; water runs on a single master meter. Offered at $4,052,000 — $119,176 per unit — against a 6.5% cap rate on 2026 annualized NOI of $263,384. Low density, low deferred maintenance, and a rent roll with room to run.

Additional Information

Taxes
$41575
Community Features
No Deed Restriction
Zoning
RMC-16
Interior Layout
High Ceilings, Open Floorplan, Primary Bedroom Main Floor, Thermostat, Window Treatments
Interior Features
High Ceilings, Open Floorplan, Primary Bedroom Main Floor, Thermostat, Window Treatments
Utilities
Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Heating
Ductless
Air Conditioning
Wall/Window Unit(s)
Exterior Construction
Metal Siding, Frame
Exterior Features
Garden, Lighting, Sidewalk
Roof
Shingle
Foundation
Crawlspace
Pool
No Pool
Flood Zone Code
AE
Parcel ID
U-34-28-17-ZZZ-000000-40670.0
Legal Description
COM AT NE COR OF SE 1/4 S 265 FT E 141.03 FT TO W R/W OF SHELDON RD S 104.72 FT TO N R/W OF MOHR RD S 53 DEG 36 MIN 20 SEC W 261 FT TO POB N 36 DEG 23 MIN 40 SEC W 109 FT S 53 DEG 36 MIN 20 SEC W 22 FT N 39 DEG 30 MIN 00 SEC W 107 FT N 15 DEG 44 MIN 29 SEC W 157.50 FT S 74 DEG 19 MIN 55 SEC W 90 FT S 01 DEG 49 MIN 56 SEC W 502.91 FT TO N R/W OF MOHR RD N 53 DEG 36 MIN 20 SEC E 367.61 FT TO POB LESS R/W BEG 369.72 FT S OF NE COR OF E 1/2 OF SE 1/4 RUN S 53 DEG 36 MIN 20 SEC W 261 FT FOR POB THN R UN S 54 DEG 14 MIN 106.51 FT N 52 DEG 40 MIN 39 SEC E 100.04 FT N 47 DEG 23 MIN 29 SEC E 6.55 FT AND S 35 DEG 45 MIN 57 SEC E 3.50 FT TO POB

Listing courtesy of REALTY ONE GROUP ADVANTAGE. 813-909-0909

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