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!
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!
Property Details
Price:
$4,664,705
MLS #:
TB8388069
Status:
Active
Beds:
18
Baths:
12
Address:
4308 W GRAY STREET UNIT 1 thru 6
Type:
Multi Family
Subdivision:
4308 GRAY STREET TOWNHOMES
Neighborhood:
33609 – Tampa / Palma Ceia
City:
TAMPA
Listed Date:
May 22, 2025
State:
FL
Finished Sq Ft:
15,504
Total Sq Ft:
15,504
ZIP:
33609
Lot Size:
15,682 sqft / 0.36 acres (approx)
Year Built:
2025
Units:
6
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CENTURY 21 Carioti is a full service real estate company servicing the State of Florida with a headquarters in Orlando, FL.
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Schools
Interior
Appliances
Dishwasher, Disposal, Exhaust Fan, Microwave, Range, Refrigerator
Cooling
Central Air
Flooring
Luxury Vinyl
Heating
Central, Electric
Laundry Features
Laundry Closet, Upper Level
Exterior
Construction Materials
Block, Wood Frame
Exterior Features
Other
Roof
Shingle
Financial
Tax Year
2024
Taxes
$5,315
Map
Community
- Address4308 W GRAY STREET UNIT 1 thru 6 TAMPA FL
- Subdivision4308 GRAY STREET TOWNHOMES
- CityTAMPA
- CountyHillsborough
- Zip Code33609
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4308 W GRAY STREET UNIT 1 thru 6
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