5901 Bryce LaneNew Construction Home in Tampa, FL
Tampa, FL 33615 · Hillsborough County
$4,052,000
$222/sq ft
Photos of 5901 Bryce Lane
1 / 24About this home
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.
Home details and costs
- MLS number
- TB8550680
- Property type
- Multi Family (5+)
- Build stage
- Move-In Ready
- Heated square feet
- 18,277 sq ft
- Total under roof
- 18,277 sq ft
- Lot size
- 1.78 acres
- Subdivision
- Unplatted
- HOA fee
- No HOA
- Annual property tax
- $41,575 (current assessment)
- Days on market
- 15 days
Heads up on that tax figure. On new construction, the number in the MLS is often the tax on the bare lot, not the finished home. Expect it to jump once the county reassesses with the house on it. How Florida reassesses new builds
What would this home actually cost per month?
Pre-filled with this listing's price and HOA. Adjust anything to match your situation.
Estimated monthly payment
$30,839
$405,200 down (10%) on a $3,646,800 loan
- Principal and interest
- $23,050
- Property tax (estimated)
- $6,003
- Homeowners insurance
- $267
- PMI (under 20% down)
- $1,520
CDD defaults to zero, and that is often wrong.Many Tampa Bay new-construction communities carry a Community Development District assessment of roughly $1,500 to $3,000 a year on top of HOA, and it is rarely included in a builder's payment estimate. Ask whether this address is in a CDD before you budget.
The tax figure in the MLS looks like a bare-lot assessment. It lists $41,575 a year, while taxing this purchase price works out closer to $72,036. On new construction the county reassesses once the house is finished, so budget from the higher number.
Estimates only. Actual taxes, insurance, and assessments vary by address and change year to year.
Get the real numbers on this homeWhat is negotiable on this home?
Here is what this listing's numbers say about the builder's position.
On the market 15 daysContext
Still relatively fresh. Expect the sales office to hold firmer here than on inventory that has been sitting.
Finished and standingWorth knowing
A completed home with a Certificate of Occupancy is inventory, not a future sale. Builders treat standing inventory very differently from a lot they have not broken ground on.
Where builders actually give
Rarely on the published base price. It sets the comp for every unsold home behind this one, and protecting it protects their appraisals. The real room is in closing cost credits, interest rate buydowns, and upgrades moved into the base. Asking for the right one in the right order is most of the job.
Virtual tour
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Listed by Realty One Group Advantage. Listing data provided courtesy of Stellar MLS via Bridge Interactive. Information is deemed reliable but not guaranteed and is provided for consumers' personal, non-commercial use. 5901 Bryce Lane, Tampa, FL 33615 is presented by Barrett Henry, REMAX Collective. Prices, availability, and incentives change without notice.