$4,052,000
Active5901 Bryce Ln, Tampa, FL 33615
18,277 sq ft
Listing courtesy of REALTY ONE GROUP ADVANTAGE Β· MLS# TB8550680
9 days on market
Refreshed from the Stellar MLS feed . This listingβs MLS record last changed .
About this property
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 β 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 β 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 β $119,176 per unit β 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.
Facts
- Property type
- Multi-Family 5+
- Year built
- 1983
- Flood zone
- AE
- Annual taxes
- $41,575/yr
- Listed
- 2026-09-21
- MLS #
- TB8550680
Commercial details
Building & site
- Building size
- 18,277 SF
- Lot size
- 1.78 acres (77,536 SF)
- Zoning
- RMC-16
- Road frontage
- City Street
- Buildings
- 5
Investor metrics
- Price per SF (MLS)
- $221.70/SF
- Cap rate
- 6.5%
- Net operating income
- $263,384/yr
- Units
- 34
As reported by the listing broker in the MLS. Not verified by Lasbury-Tracy Realty β confirm with the listing broker before relying on them. We never estimate a cap rate.
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5901 Bryce Ln, Tampa, FL 33615
Listing courtesy of REALTY ONE GROUP ADVANTAGE Β· MLS# TB8550680 Β· Active
Where this property is
Opens on aerial β on this coast the canal, the lot and the neighbours answer more questions than a street grid does.



