Commercial Sale · Multi Family (5+)
5901 BRYCE LANE, TAMPA, FL, 33615
Active21 days on marketListed Sep 21, 2026MLS #TB8550680
About this property
The property at a glance
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.
18,277
Building sq ft
$222
Price / sq ft
1.78
Lot acres
1983
Year built
34
Units
5
Buildings
RMC-16
Zoning
Multi Family (5+)
Property type
The numbers
Investment snapshot
6.5%
Cap rate
$263,384
Net operating income
$119,176
Price / unit
34
Units
Estimated payment (illustrative)
Estimated payment
$21,845/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Tommy to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
48,122
Population
$66,257
Median income
39.1
Median age
2.53
Avg household
$291,500
Median home value
$1,586/mo
Median rent
5,459
Households w/ kids
Recent sales
What actually sold near 5901 BRYCE LANE
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$3,500,000
4506 QUALITY LANE
19,448 sqft · $180/sqft · Sold Sep 28, 2026
$3,600,000
7001 BENJAMIN ROAD
10,500 sqft · $343/sqft · Sold Feb 5, 2025
$1,550,000
9822 ANDERSON ROAD
5,343 sqft · $290/sqft · Sold Dec 17, 2025
Your team
The pros in your corner
Your agent
Tommy Trainer
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 5901 BRYCE LANE — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 5901 BRYCE LANE.
See it in person
Schedule a tour
Live availability from Tommy's calendar — pick a time and it's booked.
Keep looking
Similar properties nearby
Listing courtesy of REALTY ONE GROUP ADVANTAGE · Alex Khoyi. MLS #TB8550680.
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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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