5901 Bryce Ln, Tampa, FL

House

For Sale

Listed price in listed location currency (USD).

$4,052,000

000

MLS® TB8550680

Overview

Key Facts

Type Multi Family

Levels Commercial Sale

Size 18277 sqft

Garage

Taxes $41,575

Days Active 1

Lot Size 1.78 Acres

Approx. Age 1983

Avg. Price Per Sqft $221

MLS® Number TB8550680

Property Address: 5901 Bryce Ln, Tampa, FL, 33615-6210

Average square foot calculated using Size range provided by listing agent.

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.

MLS® NumberTB8550680

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1983

Basement

Driveway

Garage Spaces

Heat

A/CWall/Window Unit(s)

Extras

Map

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