4615 N HESPERIDES STREET, Tampa, Florida, United States, 33614

799,000
for Sale
11,135

About the property:

Under contract-accepting backup offers. 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 Type:
Multi-Family 5+
Status:
for Sale
House Style:
Other
Acres:
0.26
Square Feet:
2000
Area:
33614 - Tampa
Heating Type:
0
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
Is Art:
Yes
Is Business:
Yes
Is Convenience:
Yes
Is Investment:
Yes
Is Multi Family:
Yes
Is Market:
Yes
Is Media:
Yes
Is Other:
Yes
Is Unit:
Yes
Annual Property Taxes:
6,350.75
Listing ID:
O6429183

Rooms

Dimensions

Brokered by:
Blue Peak Realty Llc
Presented By:

Sunny Sidhu

Broker Associate

RE/MAX Premier Group