USAFLTampaWestshore Palms2-Thru-5-4308 W Gray St

2 thru 5-4308 W Gray St, Tampa, FL

House

For Sale

Listed price in listed location currency (USD).

$2,719,600

12121

MLS® TB8388069

Key Facts
Description
Map

Key Facts

Type Multi Family

Levels Residential Income

Size 9108 sqft

Garage Yes

Taxes $5,315

Days Active 376

Lot Size

Approx. Age 2025

Avg. Price Per Sqft $298

MLS® Number TB8388069

Property Address: 2-thru-5-4308 W Gray St, Tampa, FL, 33609-2117

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

Description

Introducing Gray Street Residences—a boutique collection of 4 brand-new by Milan Homes, fee-simple townhomes located in the heart of South Tampa’s vibrant Westshore District. These modern farmhouse-style homes each feature 2, 277 square feet of thoughtfully designed living space, with 3 bedrooms, 2.5 bathrooms, a 1-car garage, and a flexible bonus area ideal for a home office. Each residence is crafted with high-end finishes including quartz countertops, stainless steel appliances, luxury vinyl plank flooring throughout, and impact windows + doors. With no HOA fees and no minimum lease restrictions, short-term rentals are permitted, making Gray Street Residences an exceptional opportunity for investors. This project offers broad financing flexibility, with potential lending options such as DSCR (Debt Service Coverage Ratio), portfolio loans, commercial financing, and private lending solutions. Insurance costs are another win—new construction often qualifies for more favorable insurance rates due to its lower risk profile, and this site is located in Flood Zone X, further minimizing flood risk and enhancing overall insurability. One of the standout advantages is the ability to maximize depreciation benefits. Investors may leverage accelerated cost segregation and bonus depreciation strategies to reduce taxable income, significantly boosting early-year ROI compared to older properties. Located just minutes from Tampa International Airport, International Plaza, Midtown, and many of the city’s premier dining and shopping destinations, Gray Street Residences combine modern luxury, income potential, and unbeatable convenience—all in one of Tampa’s most desirable neighborhoods. Units 2, 3, 4 and 5 are available and Units 1 & 6 have sold to private owners. HOA is $322 per month - Contact the Listing Agent to schedule your private tour today!

MLS® NumberTB8388069

Laundry LevelUpper

Central VacNo

FireplaceNo

Acreage

Exterior

GarageYes

Approx. Age2025

Basement

Driveway

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

May 22, 2025List Date

$2,719,600List Price

Commute

Commute

Starting Address

Destination Address

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