$4.05M
5901 Bryce Lane
Tampa, FL 33615
Listing updated: September 22, 2026 at 1:01 AM ET
Property type
Year built
Building size
Lot size
Price / SF
Units
Zoning
Days on market
Investment & cash flow
Figures provided by the listing broker — verify independently.
About this property
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.
Virtual tour
Facts & features
- Property type
- Commercial Sale
- Sub type
- Multi-Family 5+
- Status
- Active
- Days on market
- 0
- Subdivision
- Unplatted
- County
- Hillsborough
- Year built
- 1983
- Building area
- 18,277 sq ft
- Price/sq ft
- $221.7
- Lot size
- 77,536 sq ft
- Units
- 34
- Buildings
- 5
- Stories
- 1
- Road frontage
- City Street
- Annual taxes
- $42K (2025)
- Parcel #
- U-34-28-17-ZZZ-000000-40670.0
- Zoning
- RMC-16
- MLS #
- TB8550680
Listing details
- Listing date
- 2026-09-21
- On market date
- 2026-09-21
- MLS area
- 33615 - Tampa / Town and Country
- Status changed
- 2026-09-21
- Tax 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
Location
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.
Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of September 22, 2026 at 1:01 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Ryan Solberg, Licensed Real Estate Broker · MaxLife Realty, LLC · FL Lic. #BK3354351 · Equal Housing Opportunity · Terms · DMCA