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4615 N Hesperides St
For Sale $799,000 ($399.50 per Sq Ft)
$799,000 ($399.50 per Sq Ft)
- 7 Units
- 2,000 Sq Ft
- 11,135 Sq Ft
- Unknown Cap Rate
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.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $799,000 |
| Property Type | Other |
| Usable Sqft | 2,000 |
| Number of Stories | 1 stories |
| Parking Spots | 0 spots |
| Year Built | 1944 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | A0529183IP00004400010.0 |
| MLS # | O6429183 |
| Property ID | 315731515 |
| Lot Sqft | 11,135 |
| Zoning | IG |
| Total Units | 7 |
| Days on Market | 18 |
| Original List Price | $850,000 |
| Date Updated | August 07, 2026 |
| Date Created | July 29, 2026 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Andrew Cutrona an agent of .
© 2026 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of August 07, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Robert Crawford
REAL ESTATE AGENT