New Construction
Address
5901 Bryce Lane, TAMPA, FL
Price
$ 4,052,000
Property Attributes
  • MLS#TB8550680
  • TypeCommercial
  • Listing Status Active
  • CountyHillsborough
  • CityTAMPA
  • AreaTampa / Town and Country
  • NeighborhoodUNPLATTED
  • Zip33615
  • StyleMulti Family (5+)
  • Year Built1983
  • Taxes$ 41575
  • Price$ 4,052,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage18277
  • Lot Size1.78 Acres
Data Source:
Stellar MLS
Property 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.

Price History
9/21/2026 Listed $4,052,000

General Features

Cooling Wall/Window Unit(s)
Roof Shingle
Zoning RMC-16
Construction Materials Metal Siding,Wood Frame
Year Built 1983
Property Subtype Multi Family (5+)
Tax Year 2025
Ownership Fee Simple
County Hillsborough
New Construction true
Property Type Commercial Sale
Subdivision Name UNPLATTED
Status Active
Directions Take Exit 39 (SR 60 W / Memorial Hwy, toward Tampa International Airport), pick up Veterans Expressway (SR 589) North, exit onto Hillsborough Ave (SR 580) heading west to Sheldon Road, continue north on Memorial Hwy/Sheldon Rd, then left on Mohr Road — Bryce Lane is the 2nd right, roughly 12–18 minutes total.
City TAMPA
Number Of Units Total 34
MLS Area 33615 - Tampa / Town and Country
Lot Size Units Acres
Lot Size Square Feet 77536
Tax Annual Amount 41575.2
Property Condition Completed
Additional Parcels Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8550680
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 40670
Legal Description COM AT NE COR OF SE 1/4 S 265 FT E 141.03 FT TO W R/W OF SHELDON RD S 104.72 FT TO N R/W OF MOHR RD S 53 DEG 36 MIN 20 SEC W 261 FT TO POB N 36 DEG 23 MIN 40 SEC W 109 FT S 53 DEG 36 MIN 20 SEC W 22 FT N 39 DEG 30 MIN 00 SEC W 107 FT N 15 DEG 44 MIN 29 SEC W 157.50 FT S 74 DEG 19 MIN 55 SEC W 90 FT S 01 DEG 49 MIN 56 SEC W 502.91 FT TO N R/W OF MOHR RD N 53 DEG 36 MIN 20 SEC E 367.61 FT TO POB LESS R/W BEG 369.72 FT S OF NE COR OF E 1/2 OF SE 1/4 RUN S 53 DEG 36 MIN 20 SEC W 261 FT FOR POB THN R UN S 54 DEG 14 MIN 106.51 FT N 52 DEG 40 MIN 39 SEC E 100.04 FT N 47 DEG 23 MIN 29 SEC E 6.55 FT AND S 35 DEG 45 MIN 57 SEC E 3.50 FT TO POB
Water Access Y/N false
Water View Y/N false
Flood Zone Code AE

Interior Features

Total Stories 1
Air Conditioning Y/N true

Exterior Features

Lot Size Area 1.78
Foundation Details Crawlspace
Number of Buildings 5
Building Area Total 18277
Lot Size Acres 1.78
Road Surface Type Paved
Waterfront Y/N false
Road Frontage Type City Street

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 33615

Price
AVG $1.94M
$4.05M
Taxes
AVG $24,675
$41,575
Year Built
AVG 1974
1983