5901 BRYCE LN, Tampa, FL 33615
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5901 BRYCE LN, Tampa, FL 33615
5901 BRYCE LN, Tampa, FL 33615
5901 BRYCE LN, Tampa, FL 33615
5901 BRYCE LN, Tampa, FL 33615
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Next Step Home Team Keller Williams Realty SMART

Next Step Home Team Keller Williams Realty SMART

+1(863) 617-8951
$ 4,052,000
Est. payment /mo
New

5901 BRYCE LN Tampa, FL 33615

18,277 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Multi-Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 18,277 sqft

Price per Sqft $221

Subdivision Unplatted

MLS Listing ID TB8550680

Construction Status Completed

HOA Y/N No

Year Built 1983

Annual Tax Amount $41,575

Lot Size 1.780 Acres

Acres 1.78

Property Sub-Type Multi-Family 5+

Source Stellar MLS

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.

Location

State FL

County Hillsborough

Community Unplatted

Area 33615 - Tampa / Town And Country

Zoning RMC-16

Interior

Cooling Wall/Window Unit(s)

Exterior

View Y/N No

Water Access No

Roof Type Shingle

Building

Story 1

Foundation Crawlspace

Lot Size Range 1 to less than 2

Structure Type Metal Siding,Frame

New Construction true

Construction Status Completed

Others

Ownership Fee Simple

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8550680


Stellar MLS
Listed by Alex Khoyi REALTY ONE GROUP ADVANTAGE

Nearby Locations

Next Step Home Team Keller Williams Realty SMART

Next Step Home Team Keller Williams Realty SMART

Team BK3271094

+1(863) 617-8951

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5901 BRYCE LN