About 5901 Bryce Lane
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.
Features of 5901 Bryce Lane
| MLS® # | TB8550680 |
|---|---|
| Price | $4,052,000 |
| Square Footage | 18,277 |
| Acres | 1.78 |
| Year Built | 1983 |
| Type | Commercial Sale |
| Sub-Type | Multi Family (5+) |
| Status | Active |
Community Information
| Address | 5901 Bryce Lane |
|---|---|
| Area | Tampa / Town and Country |
| Subdivision | UNPLATTED |
| City | TAMPA |
| County | Hillsborough |
| State | FL |
| Zip Code | 33615-6210 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Cooling | Wall/Window Unit(s) |
|---|---|
| Fireplace | No |
| # of Stories | 1 |
Exterior
| Roof | Shingle |
|---|---|
| Foundation | Crawlspace |
Additional Information
| Date Listed | September 21st, 2026 |
|---|---|
| Days on Market | 1 |
| Zoning | RMC-16 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | REALTY ONE GROUP ADVANTAGE |
|---|