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5901 BRYCE LANE

Commercial For Sale
$4,052,000

BTC: 48.81927711

ETH: 1,666.11842105

28 days
0 room(s)
18,277 sqft

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.

Location

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1983
Lot:
1.78 Acres
Heating:
No Data
Price/sqft:
$222
Cooling:
Wall/Window Unit(s)
HOA:
No Data

Highlights

Annual tax
$41,575
2025
All facts and features
  • Cooling

    • Wall/Window Unit(s)

  • Lot

    • Lot: 1.78 Acres

    Other Property Information

    • Parcel Number: U342817ZZZ00000040670.0

    • Zoning: RMC-16

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Multi Family (5+)

  • Other financial information

    • Annual tax amount: $41,575

  • Source details

    • MLS ID: TB8550680

    Other facts

    • Construction Materials: Metal Siding / Wood Frame

    • Foundation Details: Crawlspace

    • Living Area: 18277

    • Subdivision Name: UNPLATTED

Private inquiry
Talk to the advisor on this listing.
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: REALTY ONE GROUP ADVANTAGE