- 18 beds
- 12 baths
- 13,662 sqft
- 15,682 sqft lot
- $341 per sqft
- 2025 build
- – on site
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!
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Last updated Jun 10, 2025
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MLS# TB8388069 —
The Building
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Year Built:2025
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New Construction:true
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Builder Model:Gray Street Townhomes
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Builder Name:Phi International Inc.
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Construction Materials:Block
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Levels:Two
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Roof:Shingle
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Foundation Details:Slab
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Unit Number:1 thru 6
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# of Buildings:1
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Building Area Total:15504
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Building Area Units:Square Feet
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Building Area Source:Builder
Interior
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Interior Features:Open Floorplan
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Furnished:Unfurnished
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Flooring:Luxury Vinyl
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Additional Rooms:Den/Library/Office
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Fireplace:false
Room Dimensions
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Living Area:13662
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Living Area Units:Square Feet
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Living Area Source:Builder
Location
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Directions:From Himes turn west on W Gray Street and the site is down on your left hand side.
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Latitude:27.948298
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Longitude:-82.516688
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Coordinates:-82.516688, 27.948298
The Property
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Parcel Number:A212918B8D00000000006.0
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Property Type:Residential Income
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Property Subtype:Multi Family
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Property Condition:Under Construction
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Lot Size Acres:0.36
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Lot Size Area:15682
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Lot Size SqFt:15682
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Lot Size Units:Square Feet
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Total Acres:1/4 to less than 1/2
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Zoning:PD
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View:false
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Exterior Features:Other
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Water Source:Public
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Road Surface Type:Concrete
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Flood Zone Code:X
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Additional Parcels:true
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Additional Parcels Description:A-21-29-18-B8D-000000-00005.0, A-21-29-18-B8D-000000-00004.0, A-21-29-18-B8D-000000-00003.0, -29-18-B8D-000000-00002.0, A-21-29-18-B8D-000000-00001.0
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (813) 382-4767
- Office phone:
- (305) 851-2820
Taxes
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Tax Year:2024
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Tax Lot:1-6
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Tax Block:8
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Tax Legal Description:4308 GRAY STREET TOWNHOMES LOT 1 thru 6
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Tax Book Number:24942/0192
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Tax Annual Amount:$5,314.86
Beds
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Bedrooms Total:18
Baths
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Total Baths:12
The Listing
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Virtual Tour URL Unbranded:https://www.propertypanorama.com/instaview/stellar/TB8388069
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Special Listing Conditions:None
Heating & Cooling
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Heating:Central
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Heating:true
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Cooling:Central Air
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Cooling:true
Utilities
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Utilities:Public
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Sewer:Public Sewer
Appliances
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Appliances:Dishwasher
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Laundry Features:Laundry Closet
The Community
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Subdivision Name:4308 GRAY STREET TOWNHOMES
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Senior Community:false
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Waterview:false
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Water Access:false
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Waterfront:false
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Pool Private:false
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Pets Allowed:Yes
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Pet Restrictions:Buyer to refer to CC&Rs.
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# of Pets:4
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Association:true
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Association Fee Requirement:None
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Ownership:Fee Simple
Parking
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Garage:true
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Attached Garage:true
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Garage Spaces:1
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Garage Dimensions:19x11
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Carport:false
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Covered Spaces:1
Extra Units
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# of Units Total:6
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/22/25
May 22, 2025
|
Listed / Active | STELLAR_MLS | $4,664,705 |