4615 N HESPERIDES ST, TAMPA, FL, 33614
$850,000
Commercial Sale
Living Area
2,000 Sqft
Lot Size
11,135 Sqft
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 Details
Property Features Property Features
MLS ID: MFRO6429183 Year Built: 1944
Construction Materials: Block Cooling: Wall/Window Unit(s)
Country: US County Or Parish: Hillsborough
Foundation Details: Block Income Includes: Rent Only
Listing Agreement: Exclusive Agency Property Sub Type: Multi-Family 5+
Property Type: Commercial Sale Road Frontage Type: Private Road, None
Road Surface Type: Asphalt Showing Requirements: Appointment Only
Special Listing Conditions: None Standard Status: Active
State Or Province: FL
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