About 4308 W Gray Street 1 Thru 6
Under Construction. Introducing Gray Street Residences—a boutique collection of six 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. Contact the Listing Agent to schedule your private tour today!
Features of 4308 W Gray Street 1 Thru 6
MLS® # | TB8388069 |
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Price | $4,395,000 |
Bedrooms | 18 |
Bathrooms | 18.00 |
Square Footage | 13,662 |
Acres | 0.36 |
Year Built | 2025 |
Type | Residential Income |
Sub-Type | Multi Family |
Status | Active |
Listing Details
Office | COMPASS FLORIDA LLC |
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Listing Map
Neighborhood Information for 4308 W Gray Street 1 Thru 6
Moderate Residential Turnover, Coastal Area
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
Great Schools | School Name | Distance | |
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Beach Park School Private - Preschool to 8Th Grade |
0 Miles | |
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Jefferson High School Public - 9Th Grade to 12Th Grade - Closest High School |
0 Miles | |
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Jefferson Adult And Community School Public - to |
0 Miles | |
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Roland Park K-8 Magnet School Public - Kindergarten to 8Th Grade - Closest Elementry School |
1 Miles | |
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Lavoy Exceptional Center Public - to |
1 Miles | |
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Tha Youthbuild Program Public - 10Th Grade to Adult - Other |
1 Miles | |
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Grady Elementary School Public - Preschool to 5Th Grade |
1 Miles |
School data provided by GreatSchools