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4615 N HESPERIDES STREET

Commercial For Sale
$850,000

BTC: 13.19875776

ETH: 446.74767691

3 days
0 room(s)
2,000 sqft

Overview

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

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1944
Lot:
0.26 Acres
Heating:
No Data
Price/sqft:
$425
Cooling:
Wall/Window Unit(s)
HOA:
No Data

Highlights

Annual tax
$6,350
2025
All facts and features
  • Cooling

    • Wall/Window Unit(s)

  • Lot

    • Lot: 0.26 Acres

    Other Property Information

    • Parcel Number: A0529183IP00004400010.0

    • Zoning: IG

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Multi Family (5+)

  • Other financial information

    • Annual tax amount: $6,351

  • Source details

    • MLS ID: O6429183

    Other facts

    • Construction Materials: Block

    • Foundation Details: Block

    • Living Area: 2000

    • Lot Size Dimensions: 85 x 131

    • Subdivision Name: DREW PARK RE OF

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: BLUE PEAK REALTY LLC