FL
Hillsborough
TAMPA
33614
4615 N HESPERIDES STREET
4615 N HESPERIDES STREET, TAMPA, FL 33614
Share Listing
Listing Type
Commercial/Industrial
Listing Status
Active
15
$850,000

Home Details for 4615 N HESPERIDES STREET

Price
$850,000
Type
Commercial Sale
Square feet
2000
Year built
1944
Lot size acres
0.26
County
Hillsborough
MLS Listing#
O6429183
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.

Property Features
  • Cooling Information
    • Wall/Window Unit(s)
Listing Courtesy: BLUE PEAK REALTY LLC - 727-777-7100
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright ©2026 MLS GRID. All Rights Reserved.
Last Updated: 2026-07-29 23:20:17
Transportation
Check the walk, transit, and bike score for
Neighborhood Market Statistics
See average values in the proximity of this property
Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Stellar MLS.
EXIT ELITE REALTY
13911 N. Dale Mabry Hwy Suite #201, Tampa, FL 33618
Office
813 835 0000
Request more details
Code: