$799K
4615 Hesperides Street
Tampa, FL 33614
Listing updated: August 7, 2026 at 1:43 PM ET
Property type
Year built
Building size
Lot size
Price / SF
Units
Zoning
Days on market
Investment & cash flow
Income includes: Rent Only
Figures provided by the listing broker — verify independently.
About this property
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.
Virtual tour
Facts & features
- Property type
- Commercial Sale
- Sub type
- Multi-Family 5+
- Status
- Active
- Days on market
- 9
- Subdivision
- Drew Park Re Of
- County
- Hillsborough
- Year built
- 1944
- Building area
- 3,700 sq ft
- Price/sq ft
- $215.95
- Lot size
- 11,135 sq ft
- Units
- 7
- Buildings
- 2
- Stories
- 1
- Road frontage
- Private Road, None
- Annual taxes
- $6K (2025)
- Parcel #
- A-05-29-18-3IP-000044-00010.0
- Zoning
- IG
- MLS #
- O6429183
Listing details
- Listing date
- 2026-07-29
- On market date
- 2026-07-29
- Original list price
- $850K
- MLS area
- 33614 - Tampa
- Status changed
- 2026-07-29
- Tax legal description
- DREW PARK RE PLAT OF LOT 10 BLOCK 44
Location
Directions
Turn left onto W Columbus Dr Pass by Waffle House (on the right in 0.6 mi)Take N Hesperides St to your destination
Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively 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.
Based on information submitted to the MLS GRID as of August 7, 2026 at 1:43 PM ET. 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.
Ryan Solberg, Licensed Real Estate Broker · MaxLife Realty, LLC · FL Lic. #BK3354351 · Equal Housing Opportunity · Terms · DMCA