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4308 W Gray Street #2 THRU 5

Tampa, FL 33609
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Bed 12

Bed

Bath 12

Bath

SqFt9,108

Sqft

Introducing Gray Street Residences—a boutique collection of 4 brand-new by Milan Homes, 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. Units 2, 3, 4 and 5 are available and Units 1 & 6 have sold to private owners. HOA is $322 per month - Contact the Listing Agent to schedule your private tour today!

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Detail Ic Property Details

Property Type : Residential Income

Price : $2,719,600

AD Id : 70764171

MLS Id : MFRTB8388069

Beds : 12

Living Area Size : 9,108

Year Built : 2025

Garage : 1

County : Hillsborough

Subdivision: Hanan Estates

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Feature Features

  • Bedroom Information

    Total Bedroom: 12

    Bathroom Information

    Total Baths: 12

    Interior Features

    Open Floorplan, Other Roof: Shingle Appliances: Dishwasher, Disposal, Exhaust Fan, Microwave, Range, Refrigerator Laundry Features: Laundry Closet, Upper Level

    Roofing Information

    Shingle
  • Flooring Information

    Flooring: Luxury Vinyl Construction Materials: Block, Frame
  • Heating & Cooling

    Heating: Central, Electric Cooling: Central Air WaterSource: Public

  • Building Information

    Year Built: 2025
  • Exterior Features

    Other Construction Materials: Block, Frame Foundation Details: Slab

  • Property Information

    Property Type: Residential Income Sub Type: Multi-Family 5+

  • Listing Price Information

    Original List Price:$4664705

  • Tax Information

    Tax Block: 8 Tax Book Number: 24942/0192 Tax Lot: 2-5 Tax Legal Description: 4308 GRAY STREET TOWNHOMES LOT 2 THRU 5 Annual Tax: $5314.86 Tax Year: 2024 Parcel Number: A-21-29-18-B8D-000000-00006.0

  • Garage Information

    Has Garage: Yes Garage Space: 1 Garage Dimensions: 19x11

    Homeowners Association Information

    HOA: $322.00 Monthly

  • School Information

    Elementary School: Grady-HB Junior High School: Coleman-HB Senior High School: Plant-HB
  • Utility Information

    Public Sewer: Public Sewer Water Source: Public
  • Location Information

    Subdivision: WESTSHORE PALMS City: TAMPA Direction: From Himes turn west on W Gray Street and the site is down on your left hand side.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2402 W Parkland Boulevard, Tampa, FL, 33609 $18,000 5 5 4,552 4,552 SqFt
407 S Tampania Avenue, Tampa, FL, 33609 $1,550,000 4 3 3,128 3,128 SqFt
2501 W Gray Street, Tampa, FL, 33609 $500,000 3 2 1,566 1,566 SqFt
2505 W North B Street, Tampa, FL, 33609 $785,000 4 3 1,596 1,596 SqFt
2507 W Gray Street, Tampa, FL, 33609 $579,000 2 1 1,252 1,252 SqFt
305 S Audubon Avenue, Tampa, FL, 33609 $815,000 3 1 1,075 1,075 SqFt
303 S Audubon Avenue, Tampa, FL, 33609 $805,000 2 1 890 890 SqFt
301 S Audubon Avenue, Tampa, FL, 33609 $810,000 2 1 928 928 SqFt
301 S Audubon. Avenue, Tampa, FL, 33609 $2,430,000 2 1 928 928 SqFt
2702 W Cass Street, Tampa, FL, 33609 $1,295,000 4 3 3,015 3,015 SqFt
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ByOwner last updated this listing 06/22/2026 @ 18:20

MLS: MFRMLS #TB8388069 LISTED BY: Josh Taylor, COMPASS FLORIDA LLC 305-851-2820 SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS) (Listings courtesy of MFRMLS (My Florida Regional MLS DBA Stellar MLS) as distributed by MLS GRID)

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