4615 N HESPERIDES ST, Tampa, FL 33614
4615 N HESPERIDES ST, Tampa, FL 33614
4615 N HESPERIDES ST, Tampa, FL 33614
4615 N HESPERIDES ST, Tampa, FL 33614
4615 N HESPERIDES ST, Tampa, FL 33614
4615 N HESPERIDES ST, Tampa, FL 33614
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$ 850,000
Est. payment | /mo

2,000 SqFt


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$ 850,000
Est. payment | /mo
Save

2,000 SqFt

Key Details

Property Type Commercial

Sub Type Multi-Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 2,000 sqft

Price per Sqft $425

Subdivision Drew Park Re Of

MLS Listing ID O6429183

HOA Y/N No

Year Built 1944

Annual Tax Amount $6,350

Lot Size 0.260 Acres

Acres 0.26

Lot Dimensions 85x131

Property Sub-Type Multi-Family 5+

Source Stellar MLS

Property Description

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.

Location

State FL

County Hillsborough

Community Drew Park Re Of

Area 33614 - Tampa

Zoning IG

Interior

Cooling Wall/Window Unit(s)

Exterior

Water Access No

Building

Story 1

Foundation Block

Lot Size Range 1/4 to less than 1/2

Structure Type Block

New Construction false

Others

Ownership Fee Simple

Special Listing Condition None

Stellar MLS
Listed by Andrew Cutrona BLUE PEAK REALTY LLC

Nearby Locations

Garrett Sedlacek

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(913) 461-6882

garrett.s@kw.com

22 S Links Ave, Sarasota, Florida 34236, USA

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4615 N HESPERIDES ST