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.
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 Details
Price:
$799,000
MLS #:
O6429183
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Multi Family (5+)
Subdivision:
DREW PARK RE OF
Neighborhood:
33614tampa
Listed Date:
Jul 29, 2026
Finished Sq Ft:
2,000
Total Sq Ft:
3,700
Lot Size:
11,135 sqft / 0.26 acres (approx)
Year Built:
1944
See this Listing
Schools
Interior
Cooling
Wall/Window Unit(s)
Exterior
Construction Materials
Block
Financial
Tax Year
2025
Taxes
$6,351
Map
Community
- Address4615 N HESPERIDES STREET TAMPA FL
- SubdivisionDREW PARK RE OF
- CityTAMPA
- CountyHillsborough
- Zip Code33614
Subdivisions in TAMPA
Market Summary
Current real estate data for Commercial in TAMPA as of Aug 29, 2026
169
Commercial Listed
284
Avg DOM
570
Avg $ / SqFt
$1,878,729
Avg List Price
Property Summary
- Located in the DREW PARK RE OF subdivision, 4615 N HESPERIDES STREET TAMPA FL is a Commercial for sale in TAMPA, FL, 33614. It is listed for $799,000 To schedule a showing of MLS#o6429183 at 4615 N HESPERIDES STREET in TAMPA, FL, contact your InvestPro Properties, Inc. agent at 561-203-7022.
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Courtesy of BLUE PEAK REALTY LLC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than InvestPro Properties, Inc. include the name of the listing broker. Neither the listing company nor InvestPro Properties, Inc. shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Orlando/Tampa – FL. All rights reserved. 4615 N HESPERIDES STREET
TAMPA, FL
