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$4,052,000
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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.
Full Property Details
Full Property Details for 5901 Bryce Ln
General
- Price: $4,052,000
- Taxes: $41,575 (2025)
- Status: Active
- Type: Multi-Family
- Source: MidFloridaRegionalMLS
- MLS ID: TB8550910
- Updated: 9/22/2026
- Added to Site: 17 day(s) ago
Interior
- Interior Features: High Ceilings, Open Floorplan, Primary Bedroom Main Floor, Thermostat, Window Treatments
Rooms
Other Rooms
- Laundry: Inside
Exterior
- Exterior Features: Garden, Lighting, Sidewalk
Location
- Area: 33615 - Tampa / Town and Country
- County: Hillsborough
- Development Name: 33615 - Tampa / Town and Country
- Subdivision: UNPLATTED
- Driving 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.
Community
- Community Name: 33615 - Tampa / Town and Country
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Wall Units / Window Unit
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Structural Information
- # Buildings: 5
- Exterior Const.: Metal Siding, Wood Frame
- Roof: Shingle
- Square Feet: 18,277
- Sq. Ft. Source: Public Records
- Year Built: 1983
Lot Features
- Lot Size (Acres): 1.78
- Lot Size (Sq. Ft.): 77,536
- Lot Size: 1.78
- Street/Road Desc.: Paved
Financial Considerations
- Tax Amount: $41,575.2
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- 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 AN
- Flood Zone Info: AE
- APN: U342817ZZZ00000040670.0
- Property ID: U342817ZZZ00000040670.0
- Block/Lot/Section: 1
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Schools
Schools serving 5901 Bryce Ln
School District:Hillsborough County School District
| Name | Grades | Distance |
|---|---|---|
Bay Crest Elementary School 4925 Webb Road, Tampa, FL 33615 | K-5 | 0.9 mi |
Davidsen Middle School 10501 Montague Street, Tampa, FL 33626 | 6-8 | 3.6 mi |
Alonso High School 8302 Montague Street, Tampa, FL 33635 | 9-12 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5901 Bryce Ln
Date
Details
Price
Change
Source
9/21/2026
Listed
$4,052,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5901 Bryce Ln
5901 Bryce Lane, Tampa, FL 33615 (MLS# TB8550910) is a Multi-Family property with 34 units containing 0 bedrooms and 0 full bathrooms. 5901 Bryce Lane is currently listed for $4,052,000 and was received on September 21, 2026. Want to learn more about 5901 Bryce Lane? Do you have questions about finding other Multi-Family real estate for sale in Tampa? You can browse all Tampa real estate or contact a Coldwell Banker agent to request more information.

