$4,664,705 for Sale
4308 w gray street, tampa, FL 33609
| Beds 18 | Baths 12 | 13,662 Sqft | 0.36 Acres |
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Property Description
Under Construction. Introducing Gray Street Residences—a boutique collection of six brand-new, fee-simple townhomes located in the heart of South Tampa’s vibrant Westshore District. These modern farmhouse-style homes each feature 2,277 square feet of thoughtfully designed living space, with 3 bedrooms, 2.5 bathrooms, a 1-car garage, and a flexible bonus area ideal for a home office. Each residence is crafted with high-end finishes including quartz countertops, stainless steel appliances, luxury vinyl plank flooring throughout, and impact windows + doors. With no HOA fees and no minimum lease restrictions, short-term rentals are permitted, making Gray Street Residences an exceptional opportunity for investors. This project offers broad financing flexibility, with potential lending options such as DSCR (Debt Service Coverage Ratio), portfolio loans, commercial financing, and private lending solutions. Insurance costs are another win—new construction often qualifies for more favorable insurance rates due to its lower risk profile, and this site is located in Flood Zone X, further minimizing flood risk and enhancing overall insurability. One of the standout advantages is the ability to maximize depreciation benefits. Investors may leverage accelerated cost segregation and bonus depreciation strategies to reduce taxable income, significantly boosting early-year ROI compared to older properties. Located just minutes from Tampa International Airport, International Plaza, Midtown, and many of the city’s premier dining and shopping destinations, Gray Street Residences combine modern luxury, income potential, and unbeatable convenience—all in one of Tampa’s most desirable neighborhoods. Contact the Listing Agent to schedule your private tour today!
General Information
Sale Price: $4,664,705
Price/SqFt: $341
Status: Active
MLS#: TB8388069
City: tampa
Post Office: tampa
County: Hillsborough
Subdivision: 4308 gray street townhomes
Acres: 0.36
Bedrooms:18
Bathrooms:12
House Size: 13,662 sq.ft.
Acreage: 0.36 est.
Year Built: 2025
Property Type: Multi Family
Style:
Features & Room Sizes
Paved Road: Concrete, Paved
Construction: Block, Wood Frame
Exterior Misc: Other
Basement: No
Foundation : Slab
Appliances: Dishwasher, Disposal, Exhaust Fan, Microwave, Range, Refrigerator
Cooling: Central Air
Heating: Central, Electric
Waste: Public Sewer
Watersource: Public
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $5,315
Legal Description: 4308 GRAY STREET TOWNHOMES LOT 1 thru 6
Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is 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. Listing By: Josh Taylor of COMPASS FLORIDA LLC, Phone: 305-851-2820
