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$799,000 - 4615 N Hesperides Street, TAMPA

-
Bedrooms
-
Baths
2,000
SQ. Feet
0.26
Acres

A rare opportunity to acquire a stabilized, income-producing multifamily asset in the heart of Tampa's highly sought-after Drew Park district, offered at a competitive 7.52 cap rate with immediate cash flow from day one. At just $121,429 per door, this seven-unit property presents an attractive entry point into one of Tampa's strongest rental markets, where continued population growth, expanding employment opportunities, and limited housing inventory continue to fuel long-term demand. Ideally positioned on North Hesperides Street, tenants enjoy exceptional convenience in one of Tampa's most centrally located neighborhoods. The property is just minutes from Raymond James Stadium, George M. Steinbrenner Field (spring training home of the New York Yankees), Tampa International Airport, International Plaza, downtown Tampa, and major employment corridors. With immediate access to Interstate 275, the Veterans Expressway, and nearby business centers, the location consistently attracts a strong tenant base and supports low vacancy rates. For investors seeking a high-performing multifamily asset in the Tampa MSA, this offering delivers the ideal combination of strong in-place income, an attractive going-in yield, outstanding central location, and significant upside potential. Opportunities to acquire stabilized assets in the heart of Drew Park at this price point are increasingly rare, making this an exceptional investment for both cash flow and long-term appreciation.

Essential Information

  • MLS® #:
    O6429183
  • Price:
    $799,000
  • Square Footage:
    2,000
  • Acres:
    0.26
  • Year Built:
    1944
  • Type:
    Commercial Sale
  • Sub-Type:
    Multi Family (5+)
  • Status:
    Active

Community Information

  • Address:
    4615 N Hesperides Street
  • Area:
    Tampa
  • Subdivision:
    DREW PARK RE OF
  • City:
    TAMPA
  • County:
    Hillsborough
  • State:
    FL
  • Zip Code:
    33614-6901

Interior

  • Cooling:
    Wall/Window Unit(s)
  • # of Stories:
    1

Exterior

  • Foundation:
    Block

Additional Information

  • Days on Market:
    35
  • Zoning:
    IG

Listing Details

  • Listing Office:
    Blue Peak Realty Llc

Listing information courtesy of Blue Peak Realty Llc.

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Listing data comes from My Florida Regional MLS.

Listing information last updated on September 3rd, 2026 at 6:08pm EDT.