For sale· 1 day on market
5901 BRYCE Lane
Tampa, FL, 33615·MLS# TB8550910
$4,052,000
Estimated $26,535/mo estimated
- 18,277
- Sq ft
- 1.78 ac
- Lot size
- 1983
- Year built
- $222
- Per sq ft
- Residential Income
- Built 1983
- 1.78 acre lot
About this home
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.
Facts & features
Interior
- Living area
- 18,277 sqft
Property
- Type
- ResidentialIncome
- Year built
- 1983
- Lot size
- 1.78 acres
Financial
- Annual taxes
- $41,575.2
- Price / sqft
- $222
Estimate your monthly payment
$26,535/ month estimated
- Principal & interest$21,133
- Property tax$3,714
- Insurance$1,688
Illustrative estimate — not a lending offer.
Investor tools
See flip, rental and BRRR numbers for this home.
Location
Tampa, FL
Around Tampa
Homes for sale in Tampa
As of Oct 22Asking prices in Tampa run from $49,900 to $24,500,000. The middle ask is $437,649. This home asks $4,052,000.
- Homes for sale
- 3,653
- Middle ask
- $437,649
- New this week
- 197
These numbers use homes for sale only.
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Courtesy of REALTY ONE GROUP ADVANTAGE
reThought Real Estate
My local team · (407) 974-5509
$4,052,000
18,277 sqft