If you’re considering an investment property in South Tampa, one ZIP code continues to stand out for both long-term stability and tenant demand: 33611.
As Tampa real estate experts with 40+ years of combined experience, Emeri and Joe Lewkowicz have helped countless investors identify where demand is strongest, where appreciation potential is highest, and how to position a property for lasting returns.
And when it comes to rental demand, South Tampa’s 33611 ZIP code remains one of the most attractive areas for serious investors.
Why 33611 Continues to Attract Renters
South Tampa has long been one of the most desirable places to live in the city, and 33611 benefits from a location that renters consistently prioritize.
This area offers close proximity to MacDill Air Force Base, Downtown Tampa, the Westshore business district, major hospitals, and the waterfront lifestyle that makes South Tampa so appealing. For many tenants, it delivers the perfect balance of convenience, neighborhood charm, and accessibility.
That demand is reflected in current market data.
Recent market reports show that the median rent in 33611 is approximately $2,675 per month, with rents up roughly 7% year-over-year. Inventory has also expanded, with 149 active rental properties, signaling a healthy and active rental market.
According to Emeri and Joe, this is exactly why investors continue to target this pocket of Tampa.
“33611 gives investors something we always look for — consistent renter demand driven by location, lifestyle, and long-term desirability.”
Who Is Renting in 33611?
One of the biggest strengths of this ZIP code is the diversity of its tenant pool.
Rental demand here comes from:
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military personnel and families connected to MacDill
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young professionals commuting to Downtown or Westshore
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medical professionals
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remote workers relocating to Tampa
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families testing the area before buying
This wide tenant base helps reduce vacancy risk compared to more niche rental markets.
Emeri and Joe often advise investors that diverse tenant demand creates resilience, especially during shifts in the broader market.
Instead of relying on one renter profile, 33611 attracts multiple income groups and life stages, which helps support year-round leasing activity.
Best Property Types for Investors
Not every investment performs the same in South Tampa.
From the Lewkowicz Group’s experience, some of the strongest-performing rental assets in 33611 include:
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updated single-family homes
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townhomes and newer construction
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well-located condos near Bayshore and Gandy
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2–3 bedroom homes with outdoor space
Tenants in this area often pay a premium for upgraded kitchens, modern bathrooms, parking, and proximity to key corridors like Gandy Boulevard and Bayshore.
For investors focused on cash flow and appreciation, Emeri and Joe emphasize the importance of buying in micro-neighborhoods with strong long-term fundamentals.
Areas such as South of Gandy and Southwest Tampa are currently showing median rents close to $2,950 per month, which can create strong income potential when purchased strategically.
The Bigger Investor Opportunity
What makes 33611 especially compelling is that it’s not just about rent today — it’s about future upside.
South Tampa continues to benefit from ongoing redevelopment, infrastructure improvements, and sustained buyer interest.
That means investors are often able to pursue both monthly income and long-term equity growth.
This is where local expertise matters.
Emeri and Joe help investors go beyond surface-level numbers by analyzing:
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realistic rent comps
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tenant turnover trends
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insurance and holding costs
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appreciation outlook
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resale potential
Their insight helps investors avoid overpaying while identifying properties with the strongest return potential.
Thinking About Investing in South Tampa?
If you’re considering a rental property in South Tampa 33611, now is the time to understand where demand is strongest and which properties are most likely to perform.
With more than four decades of combined local real estate experience, Emeri and Joe Lewkowicz provide the market knowledge, neighborhood insight, and investor-focused strategy needed to make confident decisions.
Whether you’re buying your first rental or expanding your portfolio, The Lewkowicz Group can help you identify the right opportunity in one of Tampa’s most in-demand rental markets.
