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For SaleCommercial SaleActive

5901 Bryce Lane

Tampa, FL 33615

$4,052,000

51 Days On Site

  • 18,277Sq Ft
  • $222Per Sq Ft
  • 1.78Acres
  • 1983Built
Subdivision
Unplatted
County
Hillsborough
MLS®
TB8550680

Overview

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.

Listing Snapshot

Price
$4,052,000
Days On Site
51 Days
Bedrooms
N/A
Inside Area (SqFt)
18,277 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
0
Lot Size
1.78 Acres
Year Built
1983
MLS® Number
TB8550680
Status
Active
Property Tax
$41,575.2 (2025)
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Public Records

Property Details

General Features

5 items
Acres
1.78
Number Of Stories
1
Property Condition
New Construction
SqFt Total
18,277
Zoning
RMC-16

Interior Features

2 items
Basement
Crawl Space
Cooling
Wall/Window Unit(s)

Exterior Features

3 items
Construction Details
Metal Siding, Frame
Road Frontage
City Street
Roof
Shingle

Community Features

3 items
MLS Area
33615 - Tampa / Town and Country
Township
28
Roads
Paved

Location

5901 Bryce Lane, Tampa, FL 33615 · 33615 - Tampa / Town and Country

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Neighborhood & Commute

ZIP Code 33615

Median household income
$61,328
Income per person
$36,600
Households
20,323
Average household size
2.46
Median age
39.3

Source: Walk Score.

Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.

Price & Status History

  1. Listing updated with changes from the MLS®
  2. Listing first seen on site
  3. Status changed to Active

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Listing courtesy of REALTY ONE GROUP ADVANTAGE (727) 846-7777

Stellar MLS

Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.

Last checked: 2026-11-12 05:40 AM EST

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